Outplacement Benefits. Throughout the term of the Severance Payout --------------------- Period or Change in Control Payout Period, as applicable, Executive shall be entitled to receive outplacement services, payable by the Company, with an aggregate cost not to exceed 15% of Executive's Termination Base Salary, with an executive outplacement service firm reasonably acceptable to the Company and Executive.
Appears in 4 contracts
Samples: Executive Agreement (Varco International Inc), Executive Agreement (Varco International Inc), Executive Agreement (Varco International Inc)
Outplacement Benefits. Throughout the term of the Severance Payout --------------------- ---------------------- Period or Change in Control Payout Period, as applicable, Executive shall be entitled to receive outplacement services, payable by the CompanyTuboscope, with an aggregate cost not to exceed 15% of Executive's Termination Base Salary, with an executive outplacement service firm reasonably acceptable to the Company Tuboscope and Executive.
Appears in 2 contracts
Samples: Executive Agreement (Tuboscope Inc /De/), Executive Agreement (Tuboscope Inc /De/)
Outplacement Benefits. Throughout the term of the Severance Payout --------------------- Period or Change in of Control Payout Period, as applicable, Executive shall be entitled to receive outplacement services, payable by the CompanyVarco, with an aggregate cost not to exceed 15% of Executive's ’s Termination Base Salary, with an executive outplacement service firm reasonably acceptable to the Company Varco and Executive.
Appears in 1 contract
Samples: Amended and Restated Executive Agreement (Varco International Inc /De/)
Outplacement Benefits. Throughout the term of the Severance Payout --------------------- Period or Change in Control Payout Period, as applicable, Executive shall be entitled to receive outplacement services, payable by the CompanyTuboscope, with an aggregate cost not to exceed 15% of Executive's Termination Base Salary, with an executive outplacement service firm reasonably acceptable to the Company Tuboscope and Executive.
Appears in 1 contract