Eligibility for Severance Benefits. The Corporation or its successor shall pay or provide to the Executive the Severance Benefits if the Executive’s employment is terminated voluntarily or involuntarily during the term of this Agreement, either:
Eligibility for Severance Benefits. State Auto, or its respective successor, shall pay or provide to Executive the Severance Benefits as defined above, in the event that Executive becomes eligible for such Severance Benefits because, during the Term of this Agreement:
Eligibility for Severance Benefits. The Executive shall be eligible for the benefits described in Paragraph 7 (the "Severance Benefits") if:
Eligibility for Severance Benefits. The Executive shall receive the Severance Benefits described in Paragraph 4 if the Executive’s employment is terminated during the term of this Agreement, and
Eligibility for Severance Benefits. A Participant is eligible for Severance Benefits, as described in Section 4, only if he or she experiences an Involuntary Termination. A Director is not eligible for Severance Benefits.
Eligibility for Severance Benefits. If Employee terminates employment (other than on account of circumstances described in Section 18 below) with any successor or assign (or any of their respective affiliates) of the Company at any time during the twenty-four (24) month period beginning on the effective date of a Change in Control (the “Protection Period”), he shall be entitled to the Severance Benefits described in Sections 15, 16 and 17 as follows. If during the Protection Period, Employee terminates his employment for Good Reason (as defined below) by delivering to the successor or assign of the Company (or its respective affiliate), as applicable, each no later than thirty (30) days after learning of the occurrence of an event constituting Good Reason: (i) a Preliminary Notice of Good Reason (as defined below); and (ii) a Notice of Termination (as defined below); Employee shall have the right, in his sole and reasonable discretion, to commence Severance Benefits. Any termination of Employee’s employment that qualifies for Severance Benefits under Sections 15, 16 and 17 of this Agreement shall supersede and take precedence over the provisions of Section 14. For purposes of this Agreement, the following terms shall have the respective meanings:
Eligibility for Severance Benefits. A Participant is eligible for Severance Benefits, as described in Section 4, only if he or she experiences a Qualifying Termination.
Eligibility for Severance Benefits. (i) If, during the Severance Period, Employee's employment is terminated by the Company other than for Cause and other than as a result of his death or disability pursuant to Section 7(d) or (e), Employee shall be entitled to the Severance Benefits.
Eligibility for Severance Benefits. The Executive shall be eligible for the benefits described in Paragraph 4 (the "Severance Benefits") if, during the Term there has been a Change in Control and during the two year period commencing on the Change of Control Date, the Executive has a Termination of Employment initiated (i) by the Company without Cause or (ii) by the Executive for Good Reason. The Executive's employment shall also be deemed to have a Termination of Employment following a Change in Control if the Executive's employment is terminated in connection with or following a Potential Change in Control and prior to the actual Change in Control.
Eligibility for Severance Benefits. In the event that (a) Executive’s employment has been terminated due to an Involuntary Termination or due to Executive’s resignation for Good Reason, in either case, prior to or within twenty-four (24) months after the effective date of a Change in Control (such event is referred to as a “Covered Termination”) and (b) Executive complies with the obligations described below in Section 1.3, then Executive will be eligible for the severance benefits describe below in Section 1.2, subject to the restrictions and limitations in this Agreement. If Executive’s employment with the Company terminates for any reason other than a Covered Termination, then Executive will not be eligible to receive any compensation under this Agreement.
