Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, the Company shall provide the Executive with the Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 22 contracts
Sources: Employment Agreement (Hercules Inc), Executive Employment Agreement (Lilly Industries Inc), Executive Employment Agreement (Lilly Industries Inc)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c5(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies affiliated companies and their families.
Appears in 22 contracts
Sources: Employment Agreement (Kellogg Co), Employment Agreement (Kellogg Co), Employment Agreement (Progressive Corp/Oh/)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodTerm, this Agreement shall terminate without further obligations to the Executive, except that the Company shall pay or provide the Executive with the Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of TerminationTermination Date. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day twelve (12) month period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 17 contracts
Sources: Employment Agreement (Marshall & Ilsley Corp/Wi/), Employment Agreement (Marshall & Ilsley Corp/Wi/), Employment Agreement (Marshall & Ilsley Corp/Wi/)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive or the Executive’s legal representative in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-120 day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 15 contracts
Sources: Employment Agreement (Beazer Homes Usa Inc), Employment Agreement (Beazer Homes Usa Inc), Employment Agreement (Beazer Homes Usa Inc)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "“Other Benefits" ” as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family’s beneficiaries, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 13 contracts
Sources: Employment Agreement (WGL Holdings Inc), Employment Agreement (WGL Holdings Inc), Employment Agreement (Washington Gas Light Co)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this AgreementObligations. The All Accrued Obligations shall be paid to the Executive at the option of the Company, either (x) in a lump sum in cash within 30 days of the Date of Termination or (y) in twelve equal consecutive monthly installments, with the first installment to be paid within 30 days of the Date of Termination. With respect Anything in this Agreement to the provision of the Other Benefitscontrary notwithstanding, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, receive disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled peer executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter through the Date of Termination generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 12 contracts
Sources: Change in Control Agreement (Invitrogen Corp), Change in Control Agreement (Invitrogen Corp), Change in Control Agreement (Invitrogen Corp)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, the Company shall provide the Executive with the Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "“Other Benefits" ” as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 11 contracts
Sources: Employment Agreement (Becton Dickinson & Co), Employment Agreement (Bea Systems Inc), Employment Agreement (Bea Systems Inc)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of after the Date of Termination. With respect to the provision of the Other Benefits, the term "“Other Benefits" ” as utilized in this Section 6(c6(d) only shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally on the Disability Effective Date with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 10 contracts
Sources: Employment Agreement (Forest Laboratories Inc), Employment Agreement (Forest Laboratories Inc), Employment Agreement (Forest Laboratories Inc)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this AgreementObligations. The All Accrued Obligations shall be paid to the Executive at the option of the Company, either (x) in a lump sum in cash within 30 days of the Date of Termination or (y) in twelve equal consecutive monthly installments, with the first installment to be paid within 30 days of the Date of Termination. With respect Anything in this Agreement to the provision of the Other Benefitscontrary notwithstanding, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, receive disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled peer executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter through the Date of Termination generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 10 contracts
Sources: Change in Control Agreement (Invitrogen Corp), Change in Control Agreement (Invitrogen Corp), Change in Control Agreement (Invitrogen Corp)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations by the Company shall provide to the Executive with the under this Agreement, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their familiesDate.
Appears in 9 contracts
Sources: Change of Control Employment Agreement (Littelfuse Inc /De), Change of Control Employment Agreement (Littelfuse Inc /De), Change of Control Employment Agreement (Littelfuse Inc /De)
Disability. If the Executive's employment is terminated by reason of ---------- the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide Executive, other than for payment of Accrued Obligations, the Executive with the Accrued Obligations Severance Amount and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 calendar days of the Date of Termination. With respect to the provision of Other Benefits after the Other BenefitsEffective Date, the term "Other Benefits" Benefits as utilized in this Section 6(c5(d) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 8 contracts
Sources: Employment Agreement (Crown Vantage Inc), Employment Agreement (Crown Paper Co), Employment Agreement (Crown Vantage Inc)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for Accrued Obligations and the timely payment or delivery of the Other BenefitsObligations. All Accrued Obligations, and shall have no other severance obligations under this Agreement. The Accrued Obligations all SERP Amounts if the Disability Effective Date occurs during the Change of Control Employment Period, shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect Anything in this Agreement to the provision contrary notwithstanding, if the Disability Effective Date occurs during the Change of the Other BenefitsControl Employment Period, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, receive disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 8 contracts
Sources: Employment Agreement (Wellman Inc), Employment Agreement (Wellman Inc), Employment Agreement (Wellman Inc)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this AgreementBenefits (as defined in Section 7(d)). The All Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the The term "Other Benefits" as utilized in this Section 6(c7(e) shall also include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the its Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the its Affiliated Companies and their families.
Appears in 7 contracts
Sources: Executive Retention Employment Agreement (Florida Power & Light Co), Executive Retention Employment Agreement (Florida Power & Light Co), Executive Retention Employment Agreement (Florida Power & Light Co)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, the Company shall provide have no further obligations to the Executive with under this Agreement, except for payment of the Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c5(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 7 contracts
Sources: Employment Agreement (Gillette Co), Employment Agreement (Gillette Co), Employment Agreement (Gillette Co)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive or the Executive's legal representative in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-120 day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 7 contracts
Sources: Employment Agreement (Beazer Homes Usa Inc), Employment Agreement (Beazer Homes Usa Inc), Employment Agreement (Beazer Homes Usa Inc)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment PeriodTerm, this Agreement shall terminate without further obligations to the Executive, except that the Company shall pay or provide the Executive with the Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of TerminationTermination Date. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day twelve (12) month period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 6 contracts
Sources: Change of Control Agreement (Marshall & Ilsley Corp/Wi/), Change of Control Agreement (Marshall & Ilsley Corp/Wi/), Change of Control Agreement (Marshall & Ilsley Corp/Wi/)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Protected Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of TerminationExecutive’s Separation from Service. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families. Notwithstanding the foregoing, any compensation previously deferred by the Executive that is subject to Section 409A will be payable in accordance with the terms of the plan or arrangement under which the compensation was deferred.
Appears in 6 contracts
Sources: Change of Control Agreement (Rockwell Automation Inc), Change of Control Agreement (Rockwell Automation Inc), Change of Control Agreement (Rockwell Automation Inc)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 6 contracts
Sources: Employment Agreement (Toro Co), Change of Control Employment and Severance Agreement (Universal Foods Corp), Employment Agreement (Toro Co)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's familybeneficiaries, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 6 contracts
Sources: Employment Agreement, Employment Agreement (Washington Gas Light Co), Employment Agreement (Washington Gas Light Co)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Protected Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of after the Date of TerminationExecutive’s Separation from Service. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families. Notwithstanding the foregoing, any compensation previously deferred by the Executive that is subject to Section 409A will be payable in accordance with the terms of the plan or arrangement under which the compensation was deferred.
Appears in 6 contracts
Sources: Change of Control Agreement (Rockwell Automation, Inc), Change of Control Agreement (Rockwell Automation, Inc), Change of Control Agreement (Rockwell Automation, Inc)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, the Company shall provide the Executive with the Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 6 contracts
Sources: Change of Control Employment Agreement (Foster Wheeler LTD), Employment Agreement (Foster Wheeler Corp), Change of Control Employment Agreement (Foster Wheeler LTD)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate as of the Company shall provide Disability Effective Date, without further obligations to the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c7(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies Energy Group or any of its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies Energy Group or any of its affiliated companies and their families.
Appears in 5 contracts
Sources: Employment Agreement (Ch Energy Group Inc), Employment Agreement (Ch Energy Group Inc), Employment Agreement (Ch Energy Group Inc)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations Obligations, excluding vacation, and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of TerminationTermination Date. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c7(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 5 contracts
Sources: Change of Control Employment Agreement (Peoples Banctrust Co Inc), Change of Control Employment Agreement (Peoples Banctrust Co Inc), Change of Control Employment Agreement (Peoples Banctrust Co Inc)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations by the Company shall provide to the Executive with the under this Agreement, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive at the time and in a lump sum the form provided in cash within 30 days of the Date of TerminationSection 6(a)(i)(A). With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their familiesDate.
Appears in 5 contracts
Sources: Change of Control Employment Agreement (Littelfuse Inc /De), Change of Control Employment Agreement (Littelfuse Inc /De), Change of Control Employment Agreement (Littelfuse Inc /De)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, the Company shall provide the Executive with the Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "“Other Benefits" ” as utilized in this Section 6(c5(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 5 contracts
Sources: Change in Control Employment Agreement (Aci Worldwide, Inc.), Severance Agreement (Valero Energy Corp/Tx), Change in Control Employment Agreement (Aci Worldwide, Inc.)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of Other Benefits after the Other BenefitsEffective Date, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 5 contracts
Sources: Employment Agreement (Bank United Corp), Employment Agreement (Bank United Corp), Employment Agreement (Bank United Corp)
Disability. If the Executive's employment is terminated by reason ---------- of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this AgreementObligations. The All Accrued Obligations shall be paid to the Executive at the option of the Company, either (x) in a lump sum in cash within 30 days of the Date of Termination or (y) in twelve equal consecutive monthly installments, with the first installment to be paid within 30 days of the Date of Termination. With respect Anything in this Agreement to the provision of the Other Benefitscontrary notwithstanding, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, receive disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled peer executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter through the Date of Termination generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 5 contracts
Sources: Change in Control Agreement (Life Technologies Inc), Change in Control Agreement (Life Technologies Inc), Change in Control Agreement (Life Technologies Inc)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Change of Control Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "“Other Benefits" ” as utilized in this Section 6(c5(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies affiliated companies and their families.
Appears in 4 contracts
Sources: Change of Control Agreement (Collective Brands, Inc.), Change of Control Agreement (Collective Brands, Inc.), Change of Control Agreement (Collective Brands, Inc.)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall shall, subject to Section 6(f)(ii), be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c6(d) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 4 contracts
Sources: Change of Control Employment Agreement (Hilb Rogal & Hobbs Co), Change of Control Employment Agreement (Hilb Rogal & Hobbs Co), Change of Control Employment Agreement (Hilb Rogal & Hobbs Co)
Disability. If the Executive's employment is terminated by reason ---------- of the Executive's Disability during the Employment PeriodTerm, this Agreement shall terminate without further obligations to the Executive, except that the Company shall pay or provide the Executive with the Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of TerminationTermination Date. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day twelve (12) month period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 4 contracts
Sources: Change of Control Agreement (Marshall & Ilsley Corp/Wi/), Change of Control Agreement (Marshall & Ilsley Corp/Wi/), Change of Control Agreement (Marshall & Ilsley Corp/Wi/)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement and the Company Employment Period shall provide thereupon terminate without further obligations to the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "“Other Benefits" ” as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its Affiliates to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its Affiliates and their families.
Appears in 4 contracts
Sources: Employment Agreement (Oge Energy Corp), Employment Agreement (Oge Energy Corp.), Employment Agreement (Oge Energy Corp)
Disability. If the Executive's employment is terminated by reason ---------- of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c5(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies affiliated companies and their families.
Appears in 4 contracts
Sources: Employment Agreement (National Commerce Bancorporation), Employment Agreement (National Commerce Bancorporation), Employment Agreement (National Commerce Bancorporation)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive’s legal representatives under this Agreement other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "“Other Benefits" ” as utilized in this Section 6(c) shall include, include and the Executive shall be entitled after the Disability Effective Date to receive, receive disability and other benefits at least equal to the most favorable of those generally benefits provided by the Company and the Affiliated Companies affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, disability if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's familyExecutives’ families, as in effect at any time thereafter generally on the date of the Executive’s Disability with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 3 contracts
Sources: Executive Employment Agreement (Graphic Packaging Corp), Executive Employment Agreement (Graphic Packaging International Corp), Executive Employment Agreement (Graphic Packaging International Corp)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, without limitation, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 3 contracts
Sources: Employment Agreement (Schering Plough Corp), Employment Agreement (Schering Plough Corp), Employment Agreement (Schering Plough Corp)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to Executive at the Executive same times as specified in a lump sum in cash within 30 days of the Date of TerminationSection 6(a)(i)(A)(B) and (C). With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 3 contracts
Sources: Employment Agreement (Briggs & Stratton Corp), Employment Agreement (Briggs & Stratton Corp), Change of Control Employment Agreement (Briggs & Stratton Corp)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement and the Company Employment Period shall provide thereupon terminate without further obligations to the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "“Other Benefits" ” as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its Affiliates to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its Affiliates and their families.
Appears in 3 contracts
Sources: Employment Agreement (Oge Energy Corp), Employment Agreement (Oge Energy Corp), Employment Agreement (Oge Energy Corp)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "“Other Benefits" ” as utilized in this Section 6(c5(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies affiliated companies and their families.
Appears in 3 contracts
Sources: Employment Agreement (Progressive Corp/Oh/), Employment Agreement (Progressive Corp/Oh/), Employment Agreement (Progressive Corp/Oh/)
Disability. If the Executive's employment is terminated by ---------- reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this AgreementObligations. The All Accrued Obligations shall be paid to the Executive at the option of the Company, either (x) in a lump sum in cash within 30 days of the Date of Termination or (y) in twelve equal consecutive monthly installments, with the first installment to be paid within 30 days of the Date of Termination. With respect Anything in this Agreement to the provision of the Other Benefitscontrary notwithstanding, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, receive disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled peer executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter through the Date of Termination generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 3 contracts
Sources: Change in Control Agreement (Life Technologies Inc), Change in Control Agreement (Life Technologies Inc), Change in Control Agreement (Life Technologies Inc)
Disability. If the Executive's employment is terminated by reason ---------- of the Executive's Disability during the Employment Period, the Company shall provide the Executive with the Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 2 contracts
Sources: Employment Agreement (Becton Dickinson & Co), Employment Agreement (Becton Dickinson & Co)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, the Company shall provide the Executive with the Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 10 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "“Other Benefits" ” as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 2 contracts
Sources: Severance Agreement (Carpenter Technology Corp), Severance Agreement (Carpenter Technology Corp)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, the Company shall provide have no further obligations to the Executive with under this Agreement, except for payment of the Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" ' as utilized in this Section 6(c5(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 2 contracts
Sources: Employment Agreement (Gillette Co), Employment Agreement (Gillette Co)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, the Company shall provide the Executive with the Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "“Other Benefits" ” as utilized in this Section 6(c5(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 2 contracts
Sources: Severance Agreement (Valero Energy Corp/Tx), Severance Agreement (Valero Energy Corp/Tx)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive's legal representatives under this Agreement other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c) shall include, include and the Executive shall be entitled after the Disability Effective Date to receive, receive disability and other benefits at least equal to the most favorable of those generally benefits provided by the Company and the Affiliated Companies affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, disability if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's familyExecutives' families, as in effect at any time thereafter generally on the date of the Executive's Disability with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 2 contracts
Sources: Employment Agreement (Graphic Packaging International Corp), Employment Agreement (Graphic Packaging International Corp)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies affiliated companies and their families.
Appears in 2 contracts
Sources: Employment Agreement (Mirage Resorts Inc), Employment Agreement (Mirage Resorts Inc)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, the Company shall provide the Executive with the Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 10 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 2 contracts
Sources: Severance Agreement (Carpenter Technology Corp), Severance Agreement (Carpenter Technology Corp)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, the Company shall will provide the Executive with the Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall will have no other severance obligations under this Agreement. The Accrued Obligations shall will be paid to the Executive in a lump sum in cash within 30 calendar days of the Date of Termination. With respect to the provision of the Other Benefits, the term "“Other Benefits" ” as utilized in this Section 6(c5(c) shall will include, and the Executive shall will be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date Day Period or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 2 contracts
Sources: Change in Control Employment Agreement (Aci Worldwide, Inc.), Change in Control Employment Agreement (Aci Worldwide, Inc.)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, the Company shall provide the Executive with the Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "“Other Benefits" ” as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 2 contracts
Sources: Change of Control Employment Agreement (Foster Wheeler LTD), Change of Control Employment Agreement (Foster Wheeler LTD)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during within 24 months after the Employment PeriodEffective Date, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of after six months have passed from the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c5(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its Subsidiaries to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date a Proposed Change in Control or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its Subsidiaries and their families.
Appears in 2 contracts
Sources: Change in Control Agreement (Lexmark International Inc /Ky/), Change in Control Agreement (Lexmark International Inc /Ky/)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive or the Executive’s legal representative in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-120 day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 2 contracts
Sources: Employment Agreement (Beazer Homes Usa Inc), Change of Control Employment Agreement (Beazer Homes Usa Inc)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Change of Control Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, without limitation, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer key executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer key executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 2 contracts
Sources: Employment Agreement (Beazer Homes Usa Inc), Employment Agreement (Beazer Homes Usa Inc)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "“Other Benefits" ” as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 2 contracts
Sources: Employment and Severance Agreement (Sensient Technologies Corp), Change of Control Employment and Severance Agreement (Sensient Technologies Corp)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, without limitation, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices practices, policies and policies arrangement relating to disability, if any, as in effect generally with respect to other similarly situated peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other similarly situated peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 2 contracts
Sources: Change of Control Employment Agreement (Schering Plough Corp), Change of Control Employment Agreement (Schering Plough Corp)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Change of Control Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c5(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies affiliated companies and their families.
Appears in 2 contracts
Sources: Change of Control Agreement (Payless Shoesource Inc /De/), Employment Agreement (Payless Shoesource Inc /De/)
Disability. If the Executive's employment is terminated by reason ---------- of the Executive's Disability during the Employment Period, the Company shall provide the Executive with the Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 10 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 2 contracts
Sources: Severance Agreement (Carpenter Technology Corp), Severance Agreement (Carpenter Technology Corp)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of Other Benefits after the Other BenefitsEffective Date, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disabilitydis ability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 2 contracts
Sources: Employment Agreement (James River Corp of Virginia), Employment Agreement (James River Corp of Virginia)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during within 24 months after the Employment PeriodEffective Date, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of after six months have passed from the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c5(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its Subsidiaries to disabled executives and/or their families eligible dependents in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families eligible dependents at any time during the 120-day period immediately preceding the Effective Date a Proposed Change in Control or, if more favorable to the Executive and/or the Executive's familyeligible dependents, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its Subsidiaries and their familieseligible dependents.
Appears in 2 contracts
Sources: Change in Control Agreement (Lexmark International Inc /Ky/), Change in Control Agreement (Lexmark International Inc /Ky/)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families. *See attached schedule.
Appears in 2 contracts
Sources: Change of Control Employment Agreement (Stone & Webster Inc), Change of Control Employment Agreement (Stone & Webster Inc)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, the Company shall provide have no further obligations to the Executive with under this Agreement, except for payment of the Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "“Other Benefits" ” as utilized in this Section 6(c5(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 1 contract
Sources: Change in Control Employment Agreement (Gillette Co)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Change of Control Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c6.8(c) shall include, without limitation, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer key executives and their families at any time during the 120-day period immediately preceding the Change of Control Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer key executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 1 contract
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall shall, subject to Section 6(f)(ii), be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c6(d) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such written plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 1 contract
Sources: Change of Control Employment Agreement (Landamerica Financial Group Inc)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, the Company shall provide have no further obligations to the Executive with under this Agreement, except for payment of the Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c5(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any an y time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 1 contract
Sources: Employment Agreement (Gillette Co)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement and the Company Employment Period shall provide thereupon terminate without further obligations to the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its Affiliates to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its Affiliates and their families.
Appears in 1 contract
Disability. If the Executive's employment is terminated by ---------- reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide Executive, other than for payment of Accrued Obligations, the Executive with the Accrued Obligations Pension Supplement and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations and the Pension Supplement shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 1 contract
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of Other Benefits after the Other BenefitsEffective Date, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 1 contract
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive or the Executive’s legal representative in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during from the 120-day period immediately preceding date hereof until the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 1 contract
Sources: Supplemental Employment Agreement (Beazer Homes Usa Inc)
Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Change of Control Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of Termination. With respect to the provision of the Other Benefits, the term "“Other Benefits" ” as utilized in this Section 6(c5(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's ’s family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies affiliated companies and their families.
Appears in 1 contract
Sources: Change of Control Agreement (Collective Brands, Inc.)
Disability. If the Executive's employment is terminated by reason of ---------- the Executive's Disability during the Employment PeriodTerm, this Agreement shall terminate without further obligations to the Executive, except that the Company shall pay or provide the Executive with the Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of TerminationTermination Date. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day twelve (12) month period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 1 contract
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time 121 thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 1 contract
Disability. If the Executive's =s employment is terminated by reason of the Executive's =s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 60 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall ▇▇▇▇▇ include, and the Executive shall ▇▇▇▇▇ be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally generaIly with respect to other peer senior executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's =s family, as in effect at any time thereafter generally generaIly with respect to other peer senior executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 1 contract
Sources: Change of Control Employment Agreement (Semco Energy Inc)
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Change of Control Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Change of Control Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 1 contract
Disability. If the Executive's employment is terminated by reason of ---------- the Executive's Disability during the Employment Period, the Company shall provide the Executive with the Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.
Appears in 1 contract
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide Executive, other than for payment of Accrued Obligations, the Executive with the Accrued Obligations Pension Supplement and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations and the Pension Supplement shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 1 contract
Disability. If the Executive's employment is terminated by ---------- reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" as utilized in this Section 6(c5(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies affiliated companies and their families.
Appears in 1 contract
Disability. If the Executive's employment is terminated by reason of ---------- the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Company shall provide the Executive with the Executive, other than for Accrued Obligations and the timely payment or delivery of the Other Benefits, and shall have no other severance obligations under this AgreementObligations. The All Accrued Obligations shall be paid to the Executive at the option of the Company, either (x) in a lump sum in cash within 30 days of the Date of Termination or (y) in twelve equal consecutive monthly installments, with the first installment to be paid within 30 days of the Date of Termination. With respect Anything in this Agreement to the provision of the Other Benefitscontrary notwithstanding, the term "Other Benefits" as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, receive disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or ad/or the Executive's family, as in effect at any time thereafter through the Date of Termination generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 1 contract
Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate as of the Company shall provide Disability Effective Date, without further obligations to the Executive with the Executive, other than for payment of Accrued Obligations and the timely payment or delivery provision of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of the Other Benefits, the term "Other Benefits" Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies its affiliated companies and their families.
Appears in 1 contract
Sources: Employment Agreement (Central Hudson Gas & Electric Corp)