Entitlement to Severance Benefits. If, during the Term of the Agreement, the Company terminates Executive's employment without Cause, or if Executive terminates his employment for Good Reason, the Company will, subject to Section 5 below, provide severance benefits to Executive as set forth below in this Section 4.4.
Entitlement to Severance Benefits. If during that period starting on the date of a Change of Control and ending on the second anniversary of the Change of Control, the Company terminates Executive's employment without Cause, or if Executive terminates his employment for Good Reason, the Company will, subject to Section 2 below, provide severance benefits to Executive as set forth below in this Section 1.
Entitlement to Severance Benefits. If Executive’s employment terminates due to an Involuntary Termination or a Voluntary Termination for Good Reason (as hereinafter defined) within twelve (12) months following the effective date of a Change in Control, the termination of employment will be a Covered Termination and the Company shall pay Executive the compensation and benefits described in this Article II. If Executive’s employment terminates, but not due to an Involuntary Termination or a Voluntary Termination for Good Reason within twelve (12) months following the effective date of a Change in Control, then the termination of employment will not be a Covered Termination and Executive will not be entitled to receive any payments or benefits under this Article II. Payment of any benefits described in this Article II shall be subject to the restrictions and limitations set forth in Article III of this Agreement.
Entitlement to Severance Benefits. Subject to the terms and conditions of this Agreement, and without regard to the occurrence (or non-occurrence) of a change in control or other reorganization of the Company, the Company will provide you with Severance Benefits (defined below) if the Company terminates your employment at any time during the Term without Cause (defined below). You will not be entitled to receive any Severance Benefits if the Company terminates your employment for Cause or if you resign from your employment. As used herein, the "Company" includes any successor in interest to PeoplePC.
Entitlement to Severance Benefits. Executive shall be entitled to the benefits provided in this Agreement in the event the Executive has a Separation from Service under the circumstances described in (i) through (iii) below (a “Covered Termination”), provided that Executive executes, and does not revoke, a full Release agreement in favor of the Company as described below. A Covered Termination shall have occurred in the event that:
Entitlement to Severance Benefits. Subject to the terms and conditions of this Agreement, and without regard to the occurrence (or non-occurrence) of a change in control or other reorganization of the Company, the Company will provide you with Severance Benefits (defined below) if, at any time during the Term, the Company terminates your employment without Cause (defined below) or if you resign your employment for Good Reason (defined below). You will not be entitled to receive any Severance Benefits if the Company terminates your employment for Cause or if you resign from your employment for a reason that does not constitute Good Reason. As used herein, the "Company" includes any successor in interest to PeoplePC.
Entitlement to Severance Benefits. If Executive’s employment terminates due to an Involuntary Termination or a Voluntary Termination for Good Reason (as hereinafter defined) within twelve (12) months following (i) the Closing Date (as defined in the Merger Agreement) of the Merger or (ii) the effective date of a Change in Control, the termination of employment will be a Covered Termination and the Company shall pay Executive the compensation and benefits described in this Article II. If Executive’s employment terminates, but not due to an Involuntary Termination or a Voluntary Termination for Good Reason within twelve (12) months following (A) the Closing Date of the Merger or (B) the effective date of a Change in Control, then the termination of employment will not be a Covered Termination and Executive will not be entitled to receive any payments or benefits under this Article II. Payment of any benefits described in this Article II shall be subject to the restrictions and limitations set forth in Article III of this Agreement.
Entitlement to Severance Benefits. If, at any time, the Company (or any successor entity) terminates your employment without Cause, or if you resign your employment for Good Reason, you will be eligible to receive, as your sole severance benefits and in full satisfaction of any and all claims you have or may have against the Company Group arising out of such termination, including under applicable employment standards legislation and entitlement to reasonable notice under common law (the “Severance Benefits”):
Entitlement to Severance Benefits. In the event (A) Executive’s employment with the Company is involuntarily terminated by the Company without Cause (including, for the avoidance of doubt, the Company’s delivery of a Notice of Non-Renewal to Executive), or (B) Executive’s employment with the Company is voluntarily terminated by Executive for Good Reason (the date occurrence of each such event under the above clauses (A) or (B), being the “Separation Date”), Executive shall be entitled to the severance benefits set forth below in Section 6(a)(ii); provided, however, if such termination of employment occurs within six (6) months immediately prior to, or twenty-four (24) months immediately following a Change in Control (as defined herein) of the Company, Executive shall in lieu of the severance benefits provided under Section 6(a)(ii) hereof become entitled to the severance benefits set forth below in Section 6(a)(iii).
Entitlement to Severance Benefits. An Employee shall be entitled to the Benefits set forth in Section 2 below (a) upon any involuntary termination of his or her employment with DFVC at or subsequent to the Closing Date, unless such termination is due to his or her death or is a termination by DFVC for Cause or Disability, or (b) upon any voluntary termination of his or her employment with DFVC at or subsequent to the Closing Date (other than voluntary retirement) that is for Good Reason; provided in either case that the termination occurs, with respect to any VP Employee, within two years after the Closing Date and, with respect to any other Employee, within one year after the Closing Date.
