Common use of Outplacement Benefits Clause in Contracts

Outplacement Benefits. The Company will provide you with outplacement services from an executive outplacement organization arranged for by the Company, to assist you in the search for new employment. Such outplacement services must commence within the first six months following the date of your termination and shall not exceed six months in duration. The Company will pay for the services directly to the outplacement organization, in an amount not to exceed $15,000.