Common use of Payments Following Termination Clause in Contracts

Payments Following Termination. (a) In the event that Executive’s employment is terminated by the Company for Just Cause or if Executive voluntarily resigns, then (i) the Company within 10 business days shall pay Executive a cash payment of his Base Salary as provided in Section 5(a) hereof that was earned but unpaid as of the date of termination (the “Termination Date”) and (ii) no bonus for the year of termination will be earned or paid to Executive. All stock options, restricted stock and/or other awards held by Executive on the date of termination shall be treated in accordance with the applicable award agreements.

Appears in 9 contracts

Samples: Employment Agreement (CNO Financial Group, Inc.), Employment Agreement (CNO Financial Group, Inc.), Employment Agreement (CNO Financial Group, Inc.)

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Payments Following Termination. (a) In the event that Executive’s 's employment is terminated by the Company for Just Cause or if Executive voluntarily resigns, then (i) the Company within 10 business days shall pay Executive a cash payment of his Base Salary as provided in Section 5(a) hereof that was earned but unpaid as of the date of termination (the “Termination Date”) and (ii) no bonus for the year of termination will be earned or paid to Executive. All stock options, restricted stock and/or other awards held by Executive on the date of termination shall be treated in accordance with the applicable award agreements.

Appears in 4 contracts

Samples: Employment Agreement (CNO Financial Group, Inc.), Employment Agreement (CNO Financial Group, Inc.), Employment Agreement (CNO Financial Group, Inc.)

Payments Following Termination. (a) In the event that Executive’s employment is terminated by the Company for Just Cause or if Executive voluntarily resigns, then (i) the Company within 10 business days shall pay Executive a cash payment of his Base Salary as provided in Section 5(a) hereof that was earned but unpaid as of the date of termination (the “Termination Date”) and (ii) no bonus for the year of termination will be earned or paid to Executive. All stock options, restricted stock and/or other awards held by Executive on the date of termination Termination Date shall be treated in accordance with the applicable award agreements.

Appears in 3 contracts

Samples: Employment Agreement (CNO Financial Group, Inc.), Employment Agreement (CNO Financial Group, Inc.), Employment Agreement (CNO Financial Group, Inc.)

Payments Following Termination. (a) In the event that Executive’s 's employment is terminated by the Company for Just Cause or if Executive voluntarily resigns, then (i) the Company within 10 business days shall pay Executive a cash payment of his Base Salary as provided in Section 5(a) hereof that was earned but unpaid as of the date of termination (the “Termination Date”) and (ii) no bonus for the year of termination will be earned or paid to Executive. All stock options, restricted stock and/or other awards held by Executive on the date of termination shall be treated in accordance with the applicable award agreements.

Appears in 3 contracts

Samples: Employment Agreement (Conseco Inc), Employment Agreement (Conseco Inc), Employment Agreement (Conseco Inc)

Payments Following Termination. (a) In the event that Executive’s 's employment is terminated by the Company for Just Cause or if Executive voluntarily resigns, then (i) the Company within 10 business days shall pay Executive a cash payment of his Base Salary as provided in Section 5(a) hereof that was earned but unpaid as of the date of termination (the “Termination Date”) and (ii) no bonus for the year of termination will be earned or paid to Executive. All stock options, restricted stock and/or other awards held by Executive on the date of termination Termination Date shall be treated in accordance with the applicable award agreements.

Appears in 2 contracts

Samples: Employment Agreement (CNO Financial Group, Inc.), Employment Agreement (CNO Financial Group, Inc.)

Payments Following Termination. (a) In the event that Executive’s employment is terminated by the Company for Just Cause or if Executive voluntarily resigns, then (i) the Company within 10 business days shall pay Executive a cash payment of his her Base Salary as provided in Section 5(a) hereof that was earned but unpaid as of the date of termination (the “Termination Date”) and (ii) no bonus for the year of termination will be earned or paid to Executive. All stock options, restricted stock and/or other awards held by Executive on the date of termination Termination Date shall be treated in accordance with the applicable award agreements.

Appears in 2 contracts

Samples: Employment Agreement (CNO Financial Group, Inc.), Employment Agreement (CNO Financial Group, Inc.)

Payments Following Termination. (a) In the event that Executive’s employment is terminated by the Company for Just Cause or if Executive voluntarily resignsresigns (other than With Reason), then (i) the Company within 10 business days shall pay Executive a cash payment of his Base Salary as provided in Section 5(a) hereof that was earned but unpaid as of the date of termination (the “Termination Date”) and (ii) no bonus for the year of termination will be earned or paid to Executive. All stock options, restricted stock and/or other equity awards held by Executive on the date of termination Termination Date shall be treated in accordance with the applicable award agreements.

Appears in 2 contracts

Samples: Employment Agreement (CNO Financial Group, Inc.), Employment Agreement (CNO Financial Group, Inc.)

Payments Following Termination. (a) In the event that Executive’s 's employment is terminated by the Company for Just Cause or if Executive voluntarily resigns, then (i) the Company within 10 business days shall pay Executive a cash payment of his her Base Salary as provided in Section 5(a) hereof that was earned but unpaid as of the date of termination (the "Termination Date") and (ii) no bonus for the year of termination will be earned or paid to Executive. All stock options, restricted stock and/or other awards held by Executive on the date of termination Termination Date shall be treated in accordance with the applicable award agreements.

Appears in 1 contract

Samples: Employment Agreement (CNO Financial Group, Inc.)

Payments Following Termination. (a) In the event that Executive’s employment is terminated by the Company for Just Cause or if Executive voluntarily resigns, then (i) the Company within 10 business days shall pay Executive a cash payment of his Base Salary as provided in Section 5(a) hereof that was earned but unpaid as of the date of termination (the “Termination Date”) and (ii) no bonus for the year of termination will be earned or paid to Executive. All stock options, restricted stock and/or other awards held by Executive on the date of termination shall be treated in accordance with the applicable award agreements.paid

Appears in 1 contract

Samples: Employment Agreement (Conseco Inc)

Payments Following Termination. (a) In the event that Executive’s employment is terminated by the Company for Just Cause or if Executive voluntarily resignsresigns (other than With Reason), then (i) the Company within 10 business days shall pay Executive a cash payment of his her Base Salary as provided in Section 5(a) hereof that was earned but unpaid as of the date of termination (the “Termination Date”) Date and (ii) no bonus for the year of termination will be earned or paid to Executive. All stock options, restricted stock and/or other equity awards held by Executive on the date of termination Termination Date shall be treated in accordance with the applicable award agreements.

Appears in 1 contract

Samples: Employment Agreement (CNO Financial Group, Inc.)

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Payments Following Termination. (a) In the event that Executive’s 's employment is terminated by the Company for Just Cause or if Executive voluntarily resigns, then (i) the Company within 10 five business days shall pay Executive a cash payment of equal to his Base Salary as provided in Section 5(a) hereof that was earned but unpaid as of the date of termination (the “Termination Date”) and (ii) no Accrued Amounts. No bonus for the year of termination will be earned or paid to Executive. All stock options, restricted stock and/or other awards held by Executive on the date of termination shall be treated in accordance with the applicable award agreements.

Appears in 1 contract

Samples: Employment Agreement (Conseco Inc)

Payments Following Termination. (a) In the event that Executive’s 's employment is terminated by the Company for Just Cause (as defined herein), upon expiration of the Term of this Agreement or if Executive voluntarily resigns, then (i) the Company within 10 business days immediately shall pay Executive a cash payment of his Base Salary as provided in Section 5(a) hereof that was earned but unpaid as of the date of termination (the “Termination Date”) and (ii) no bonus for the year of termination will be earned termination. Any options or paid to Executive. All stock options, unvested restricted stock and/or other awards held by Executive on the date of termination for Just Cause shall be treated in accordance with the applicable award agreementsforfeited.

Appears in 1 contract

Samples: Employment Agreement (Conseco Inc)

Payments Following Termination. (a) In the event that Executive’s 's employment is terminated by the Company for Just Cause or if Executive voluntarily resigns, then (i) the Company within 10 business days shall pay Executive a cash payment of his Base Salary as provided in Section 5(a) hereof that was earned but unpaid as of the date of termination (the “Termination Date”) and (ii) no termination. No bonus for the year of termination will be earned or paid to Executive. All stock options, restricted stock and/or other awards held by Executive on the date of termination shall be treated in accordance with the applicable award agreements.

Appears in 1 contract

Samples: Employment Agreement (Conseco Inc)

Payments Following Termination. (a) In the event that Executive’s employment is terminated by the Company for Just Cause or if Executive voluntarily resignsresigns (other than With Reason), then (i) the Company within 10 business days shall pay Executive a cash payment of his her Base Salary as provided in Section 5(a) hereof that was earned but unpaid as of the date of termination (the “Termination Date”) and (ii) no bonus for the year of termination will be earned or paid to Executive. All stock options, restricted stock and/or other equity awards held by Executive on the date of termination shall be treated in accordance with the applicable award agreements.

Appears in 1 contract

Samples: Employment Agreement (CNO Financial Group, Inc.)

Payments Following Termination. (a) In the event that Executive’s employment is terminated by the Company for Just Cause or if Executive voluntarily resignsresigns (other than With Reason), then (i) the Company within 10 business days shall pay Executive a cash payment of his Base Salary as provided in Section 5(a) hereof that was earned but unpaid as of the date of termination (the “Termination Date”) and (ii) no bonus for the year of termination will be earned or paid to Executive. All stock options, restricted stock and/or other equity awards held by Executive on the date of termination shall be treated in accordance with the applicable award agreements.

Appears in 1 contract

Samples: Employment Agreement (CNO Financial Group, Inc.)

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