Common use of Outplacement Counseling Clause in Contracts

Outplacement Counseling. For the two-year period following the Termination Date (or, if earlier, the date Executive first obtains full- time employment after the Termination Date), the Company shall reimburse all reasonable expenses incurred by Executive for professional outplacement services by qualified consultants selected by Executive, in an amount not to exceed 20% of the Executive's Base Salary in effect on the date of the Change of Control or the Termination Date, whichever is higher.

Appears in 13 contracts

Samples: Aramark Worldwide Corp, Aramark Worldwide Corp, Aramark Worldwide Corp

AutoNDA by SimpleDocs

Outplacement Counseling. For the two-year period following the Termination Date (or, if earlier, the date Executive first obtains full- full-time employment after the Termination Date), the Company shall reimburse all reasonable expenses incurred by Executive for professional outplacement services by qualified consultants selected by Executive, in an amount not to exceed 20% of the Executive's ’s Base Salary in effect on the date of the Change of Control or the Termination Date, whichever is higher.

Appears in 6 contracts

Samples: Employment And (Aramark Corp/De), Employment And (Aramark Corp/De), Employment And (Aramark Corp/De)

Outplacement Counseling. For the two-year period following the Termination Date (or, if earlier, the date Executive first obtains full- full-time employment after the Termination Date), the Company shall reimburse all reasonable expenses incurred by Executive for professional outplacement services by qualified consultants selected by Executive, in an amount not to exceed 20% of the Executive's ’s Base Salary in effect on the date of the Change of Control or the Termination Date, whichever is higher. All such reimbursement payments shall be made prior to the last day of the second calendar year following the calendar year in which the Termination Date occurs.

Appears in 6 contracts

Samples: Aramark Corporation Agreement (Aramark Corp), Aramark Agreement (Aramark), Aramark Agreement (Aramark)

Outplacement Counseling. For the two-year period following the Termination Date (or, if earlier, the date Executive first obtains full- full-time employment after the Termination Date), the Company shall reimburse all reasonable expenses incurred by Executive for professional outplacement services by qualified consultants selected by Executive, in an amount not to exceed 20% of the Executive's Base Salary in effect on the date of the Change of Control or the Termination Date, whichever is higher.

Appears in 5 contracts

Samples: Agreement (Aramark Worldwide Corp), Agreement for President (Aramark Worldwide Corp), Agreement (Aramark Worldwide Corp)

AutoNDA by SimpleDocs

Outplacement Counseling. For the two-year period following the Termination Date (or, if earlier, the date Executive first obtains full- full-time employment after the Termination Date), the Company shall reimburse all reasonable expenses incurred by Executive for professional outplacement services by qualified consultants selected by Executive, in an amount not to exceed 20% of the Executive's Base Salary in effect on the date of the Change of Control or the Termination Date, whichever is higher.

Appears in 1 contract

Samples: Termination Protection Agreement (Seagram Co LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.