Common use of Outplacement Assistance Clause in Contracts

Outplacement Assistance. Following a Qualifying Termination (as defined in Section 7.1 herein) the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the Executive; provided, however, that the total reimbursement shall be limited to an amount equal to fifteen percent (15%) of the Executive's Base Salary as of the effective date of termination.

Appears in 6 contracts

Samples: Employment Agreement (Boatmens Bancshares Inc /Mo), Employment Agreement (Boatmens Bancshares Inc /Mo), Employment Agreement (Boatmens Bancshares Inc /Mo)

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Outplacement Assistance. Following a Qualifying Termination (termination of the Executive's employment as defined described in Section 7.1 Sections 1 or 2 herein) , the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the ExecutiveExecutive within the six (6) months prior and two (2) year periods after the effective date of termination; provided, however, that the total reimbursement shall be limited to an amount equal to fifteen percent (15%) of the Executive's Base Salary as of the effective date of termination.

Appears in 3 contracts

Samples: Change of Control Agreement (Providence Energy Corp), Change of Control Agreement (Providence Energy Corp), Employment Agreement (Providence Energy Corp)

Outplacement Assistance. Following a Qualifying Termination (as defined described in Section 7.1 4.2 herein) ), the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the ExecutiveExecutive within the two (2) year period after the Effective Date of Termination; provided, however, that the total reimbursement shall be limited to an amount equal to fifteen percent (15%) of the Executive's Base Salary as of the effective date Effective Date of terminationTermination.

Appears in 3 contracts

Samples: Executive Severance Agreement (Cobalt Corp), Executive Severance Agreement (United Wisconsin Services Inc), Executive Severance Agreement (Cobalt Corp)

Outplacement Assistance. Following a Qualifying Termination (as defined described in Section 7.1 4.2 herein) ), the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the ExecutiveExecutive within the two (2) year period after the Effective Date of Termination; provided, however, that the total reimbursement shall be limited to an amount equal to fifteen percent (15%) of the Executive's ’s Base Salary as of the effective date Effective Date of terminationTermination.

Appears in 3 contracts

Samples: Executive Severance Agreement (Cobalt Corp), Executive Severance Agreement (Cobalt Corp), Executive Severance Agreement (Cobalt Corp)

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Outplacement Assistance. Following a Qualifying Termination (as defined in Section 7.1 herein) the Termination, Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the Executive; provided, however, that the total reimbursement shall be limited to an amount equal to fifteen percent (15%) of the Executive's Base Salary as of the effective date of termination.

Appears in 2 contracts

Samples: Executive Employment Contract (Boddie Noell Properties Inc), BNP Residential Properties Inc

Outplacement Assistance. 12.1 Following a Qualifying Termination (as defined in Section 7.1 herein) termination of employment, other than for Cause, the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the ExecutiveExecutive within the one (1) year period after the Effective Date of Termination; provided, however, that the total reimbursement shall be limited to an amount equal to fifteen twenty percent (1510%) of the Executive's Base Salary as of the effective date of termination.

Appears in 1 contract

Samples: Employment Agreement (Savient Pharmaceuticals Inc)

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