Outplacement Expenses. For the three year period following the Termination Date, the Company shall reimburse the Employee for all reasonable expenses (up to a maximum of $15,000 per 12 month period) incurred by the Employee for professional outplacement services by qualified consultants selected by the Employee.
Appears in 4 contracts
Samples: Agreement (Ingersoll Rand Co), Agreement (Ingersoll Rand Co), Ingersoll Rand Co
Outplacement Expenses. For the three year period following the Termination Date, the Company shall reimburse the Employee for all reasonable expenses (up to a maximum 15% of the Employee's basic annual salary, but no more than $15,000 75,000, per 12 month period) incurred by the Employee for professional outplacement services by qualified consultants selected by the Employee.
Appears in 2 contracts
Samples: Agreement (Ingersoll Rand Co LTD), Agreement (Ingersoll Rand Co LTD)
Outplacement Expenses. For the three year period following the Termination Date, the Company shall reimburse the Employee for all reasonable expenses (up to a maximum 45% of the Employee’s basic annual salary, but no more than $15,000 per 12 month 100,000, during such 3 year period) actually incurred by the Employee for professional outplacement services by qualified consultants selected by the Employee.
Appears in 2 contracts
Samples: Agreement (Ingersoll Rand Co LTD), Agreement (Ingersoll Rand Co LTD)