Common use of Outplacement Services Clause in Contracts

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 7 contracts

Samples: Executive Change in Control Retention Agreement (Thermo Fisher Scientific Inc.), Control Retention Agreement (Thermo Fisher Scientific Inc.), Executive Change in Control Retention Agreement (Thermo Fisher Scientific Inc.)

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Outplacement Services. In the event that the Executive is terminated by the Company (other than for Cause, Disability Executive’s employment terminates on or death), or the Executive terminates employment for Good Reason, within 18 six months following after the Change in Control Date, the Company shall provide pay all reasonable expenses up to a maximum aggregate amount of $30,000 for outplacement services through one or more outside firms utilized by the Executive to obtain other employment and which services are retained by the Executive at any time within twenty-four months from the date of the Executive’s choosing up to an aggregate of $20,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment his or (ii) the date the Executive secures full time her employment.

Appears in 7 contracts

Samples: Change in Control Agreement (LNR Property Corp), Change in Control Agreement (LNR Property Corp), Change in Control Agreement (LNR Property Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the The Company shall provide the Executive with outplacement services through one or more outside firms suitable to the Executive’s position for a period of two (2) years following the date of the Executive’s choosing up to an aggregate termination of $20,000employment or, with such services to extend if earlier, until the earlier first acceptance by the Executive of an offer of employment. The cost of such outplacement services shall not exceed twenty percent (i20%) 12 months following the termination of the Executive’s employment or (ii) base salary in effect on the date the Executive secures full time employmentDate of Termination.

Appears in 7 contracts

Samples: Severance Agreement (Starwood Hotel & Resorts Worldwide, Inc), Severance Agreement (Starwood Hotel & Resorts Worldwide Inc), Severance Agreement (Starwood Hotel & Resorts Worldwide, Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,000, with such services to extend until the earlier of (i) 12 months following the termination of that the Executive’s employment is terminated for any reason other than those set forth in Sections 6.2, 6.4, or (ii) 6.5, the date Company will reimburse the Executive secures full time employmentfor payments made by the Executive for executive outplacement services for up to twelve (12) months under a program approved by the Company in the exercise of its reasonable discretion.

Appears in 6 contracts

Samples: Executive Employment Agreement (Martek Biosciences Corp), Executive Employment Agreement (Martek Biosciences Corp), Executive Employment Agreement (Martek Biosciences Corp)

Outplacement Services. In If the event Executive’s Termination occurs during the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control DateEmployment Period, the Company shall provide outplacement services through one or more outside firms of to the Executive, at the Executive’s choosing up election, outplacement services of an experienced firm, selected by the Company and acceptable to an aggregate the Executive, located not more than thirty miles from the location of $20,000Executive’s office immediately prior to the Employment Period, with provided that the cost of such services to shall not exceed $30,000 and such services shall not extend until beyond six (6) months from the earlier date of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employmentTermination.

Appears in 5 contracts

Samples: Change in Control Agreement (Transmontaigne Inc), Change in Control Agreement (Transmontaigne Inc), Change in Control Agreement (Transmontaigne Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,00025,000, with such services to extend until the earlier first to occur of (i) 12 months following the termination of the Executive’s employment employment, or (ii) the date the Executive secures full time employment.

Appears in 5 contracts

Samples: Retention Agreement (Myriad Genetics Inc), Retention Agreement (Myriad Genetics Inc), Retention Agreement (Myriad Genetics Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate amount equal to 15 percent of $20,000the Executive’s annual base salary, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 4 contracts

Samples: Executive Retention Agreement (Sepracor Inc /De/), Executive Retention Agreement (Sepracor Inc /De/), Executive Retention Agreement (Sepracor Inc /De/)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 6 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of $20,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 4 contracts

Samples: Arlington Tankers Ltd., Arlington Tankers Ltd., Arlington Tankers Ltd.

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of $20,00025,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 4 contracts

Samples: Employment Agreement (Thermo Electron Corp), Employment Agreement (Thermo Electron Corp), Employment Agreement (Thermo Electron Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of $20,000amount to be negotiated by the Executive and the Company, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 3 contracts

Samples: Retention Agreement (Polymedica Corp), Executive Retention Agreement (Polymedica Corp), Executive Retention Agreement (Polymedica Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,000, 20,000 with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 3 contracts

Samples: Executive Retention Agreement, Executive Retention Agreement (Kadant Inc), Executive Retention Agreement (Kadant Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 2 contracts

Samples: Executive Severance Agreement (Thermo Fisher Scientific Inc.), Executive Severance Agreement (Thermo Fisher Scientific Inc.)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathExecutive's employment terminates in accordance with Section 10(d), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of $20,00050,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 2 contracts

Samples: Stock Option Agreement (Thermo Electron Corp), Employment Agreement (Thermo Electron Corp)

Outplacement Services. In If the event Executive's Termination occurs during the Executive is terminated by Employment Period, at the Company (other than for Cause, Disability or death), or election of the Executive terminates employment for Good Reason, within 18 months following the Change in Control DateExecutive, the Company shall provide the Executive with outplacement services through one or service of an experienced firm selected by the Company and acceptable to the Executive located not more outside firms than fifty miles from the location of Executive's office immediately prior to the Executive’s choosing up to an aggregate Employment Period, provided that the cost of $20,000, with such services to shall not exceed $25,000 and such services shall not extend until the earlier of (i) 12 beyond 24 months following the termination of the from Executive’s employment or (ii) the date the Executive secures full time employment.'s Termination

Appears in 2 contracts

Samples: Change in Control Agreement (Homestead Village Inc), Change in Control Agreement (Homestead Village Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of $20,00015,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 2 contracts

Samples: Stock Option Agreement (Thermo Electron Corp), Executive Retention Agreement (Thermo Terratech Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,000, 25,000 with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 2 contracts

Samples: Executive Retention Agreement (Kadant Inc), Executive Retention Agreement (Kadant Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,000amount to be negotiated by the Executive and the Company, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 2 contracts

Samples: Executive Retention Agreement (Polymedica Corp), Executive Retention Agreement (Polymedica Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 36 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of $20,00040,000, with such services to extend until the earlier of (iI) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 2 contracts

Samples: Retention Agreement (Saucony Inc), Retention Agreement (Saucony Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment after a Change in Control or (ii) without Cause or for Good Reason at any time as provided for in Sections 3 or 5 hereof, the date Company agrees, at its sole cost and expense, to provide the Executive secures full time employmentwith outplacement services for a period of at least twelve (12) months following the Date of Termination. The Company and the Executive shall use their good faith efforts to locate a provider providing outplacement services, which provider is reasonably acceptable to both parties taking into account the status of the Executive as a senior executive officer.

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (Terex Corp), Change in Control and Severance Agreement (Terex Corp)

Outplacement Services. In the event of the Executive is terminated by termination of the Company (other than for CauseExecutive’s employment in connection with, Disability or death)in anticipation of, or the Executive terminates employment for Good Reason, within 18 six months following the after a Change in Control DateControl, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate amount equal to 15 percent of $20,000the Executive’s annual base salary, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 2 contracts

Samples: Executive Retention Agreement (Sepracor Inc /De/), Executive Retention Agreement (Sepracor Inc /De/)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,00025,000, with such services to extend until the earlier first to occur of (i) 12 24 months following the termination of the Executive’s employment or employment, (ii) the date the Executive secures full time employmentemployment or (iii) the date the Executive becomes engaged in a Competitive Activity.

Appears in 2 contracts

Samples: Executive Retention Agreement (Iomega Corp), Executive Retention Agreement (Iomega Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of $20,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 2 contracts

Samples: Executive Severance Agreement (Valeant Pharmaceuticals International), Executive Severance Agreement (Valeant Pharmaceuticals International)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,000, with such services to extend until the earlier of (i) 12 months following the 2/27/18 Officer Form Page 11 of 13 termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Control Retention Agreement (Thermo Fisher Scientific Inc.)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of $20,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Severance Agreement (Thermo Electron Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment after a Change in Control, Without Cause or (ii) for Good Reason as provided for in Sections 4 or 6 hereof, the date Company agrees, at its sole cost and expense, to provide the Executive secures full time employmentwith outplacement services for a period of at least twelve (12) months following the Date of Termination. The Company and the Executive shall use their good faith efforts to locate a provider, and determine the scope of, outplacement services which is reasonably acceptable to both parties taking into account the status of the Executive as a senior executive officer.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Terex Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) after a Change in Control as provided for in Sec. 14, the date Company agrees, at its sole cost and expense, to provide the Executive secures full time employmentwith outplacement services for a period of at least twelve (12) months following the Date of Termination. The Company and the Executive shall use their good faith efforts to locate a provider, and determine the scope of, outplacement services which is reasonably acceptable to both parties taking into account the status of the Executive as a senior executive officer.

Appears in 1 contract

Samples: Terex Corp

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,00025,000, with such services to extend until the earlier first to occur of (i) 12 months following the termination of the Executive’s employment or employment, (ii) the date the Executive secures full time employmentemployment or (iii) the date the Executive becomes engaged in a Competitive Activity.

Appears in 1 contract

Samples: Executive Retention Agreement (Iomega Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment after a Change in Control, Without Cause or (ii) for Good Reason as provided for in Sections 4 or 6 hereof, the date Company agrees, at its sole cost and expense, to provide the Executive secures full time employmentwith outplacement services for a period of at least twelve (12) months following the Date of Termination. The Company and the Executive shall use their good faith efforts to locate a provider and determine the scope of outplacement services which is reasonably acceptable to both parties taking into account the status of the Executive as a senior executive officer.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Terex Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 12 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,000Company's choosing, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Control Agreement (Art Technology Group Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of [$20,00015,000], with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Viasys Healthcare Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 12 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,00010,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Starent Networks, Corp.)

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Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, --------------------- Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of $20,00025,000, with such services to extend until the earlier first to occur of (i) 12 months following the termination of the Executive’s employment or 's employment, (ii) the date the Executive secures full time employmentemployment or (iii) the date the Executive becomes engaged in a Competitive Activity.

Appears in 1 contract

Samples: Executive Retention Agreement (Iomega Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,00025,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Storagenetworks Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,00025,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Storagenetworks Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,00025,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Employment Agreement (Thermo Fisher Scientific Inc.)

Outplacement Services. In the event of the Executive is terminated by termination of the Company (other than for CauseExecutive's employment in connection with, Disability or death)in anticipation of, or the Executive terminates employment for Good Reason, within 18 six months following the after a Change in Control DateControl, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate amount equal to 15 percent of $20,000the Executive's annual base salary, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Sepracor Inc /De/)

Outplacement Services. In the event the Executive is terminated by the Company or the Board of Directors on behalf of (other than for Cause, Disability or death), or the Executive terminates employment for Good Reasonbecause of an Involuntary Termination, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,00025,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Retention Agreement (Candela Corp /De/)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,0005,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Idx Systems Corp)

Outplacement Services. In the event If the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,000, 20,000 with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Kadant Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,0008,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Idx Systems Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 12 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing and reasonably acceptable to the Company up to an aggregate of $20,00045,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Explanatory Note (Aspen Technology Inc /De/)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of $20,000[15,000/20,000/25,000], with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Thermo Electron Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of $20,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Change in Control Retention Agreement (Thermo Electron Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 36 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of $20,00012,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Kronos Incorporated Summary of Terms (Kronos Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate amount equal to 15 percent of $20,000the Executive's annual base salary, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Sepracor Inc /De/)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 36 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,00012,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Senior Executive Retention Agreement (Kronos Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s choosing up to an aggregate of $20,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment after a Change in Control or (ii) without Good Reason as provided for in Sections 3 or 5 hereof, the date Company agrees, at its sole cost and expense, to provide the Executive secures full time employmentwith outplacement services for a period of at least twelve (12) months following the Date of Termination. The Company and the Executive shall use their good faith efforts to locate a provider, and determine the scope of, outplacement services which is reasonably acceptable to both parties taking into account the status of the Executive as a senior executive officer.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Terex Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of $20,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Viasys Healthcare Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of $[25,000, 20,000, 15,000] with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Kadant Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of $20,00025,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive’s 's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Retention Agreement (Storagenetworks Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or deathDeath), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive’s 's choosing up to an aggregate of $20,00025,000, with such services to extend until the earlier first to occur of (i) 12 months following the termination of the Executive’s employment 's employment, or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Myriad Genetics Inc)

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