Common use of Other than for Good Reason Clause in Contracts

Other than for Good Reason. If the Executive shall voluntarily terminate employment, excluding a termination for Good Reason, he shall receive the Accrued Obligations paid in a lump sum in cash within 10 days of the Date of Termination. In such case, the Executive shall also receive timely payment or provision of Other Benefits.

Appears in 6 contracts

Samples: Employment Agreement (Solutia Inc), Employment Agreement (Solutia Inc), Employment Agreement (Solutia Inc)

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Other than for Good Reason. If the Executive shall voluntarily terminate employmentterminates employment during the Term, excluding a termination for Good Reason, he this Agreement shall receive terminate without further obligations to the Executive, other than for Accrued Obligations paid in a lump sum in cash within 10 days of and the Date of Termination. In such case, the Executive shall also receive timely payment or provision of Other Benefits. In such case, all Accrued Obligations shall be paid to the Executive in a lump sum in cash, subject to Section 11 below, within thirty (30) days following the Date of Termination, or as soon thereafter as is reasonably practicable.

Appears in 2 contracts

Samples: Employment Agreement (Kaydon Corp), Employment Agreement (Kaydon Corp)

Other than for Good Reason. If the Executive shall voluntarily terminate employment, excluding a termination for Good Reason, he she shall receive the Accrued Obligations paid in a lump sum in cash within 10 days of the Date of Termination. In such case, the Executive shall also receive timely payment or provision of Other Benefits.

Appears in 1 contract

Samples: Employment Agreement (Solutia Inc)

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Other than for Good Reason. If the Executive shall voluntarily terminate employmentterminates employment during the Term, excluding a termination for Good Reason, he this Agreement shall receive terminate without further obligations to the Executive, other than for Accrued Obligations paid in a lump sum in cash within 10 days of and the Date of Termination. In such case, the Executive shall also receive timely payment or provision of Other Benefits. In such case, all Accrued Obligations shall be paid to the Executive in a lump sum in cash, subject to Section 11 below, within thirty (30) days following the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Kaydon Corp)

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