Common use of Payments on Certain Terminations Clause in Contracts

Payments on Certain Terminations. If, during the Employment Term, (a) the Company terminates Executive’s employment with the Company for any reason other than (x) Cause or (y) Executive’s Total Disability or (b) Executive terminates his employment with the Company for Good Reason, then Executive shall, subject to the applicable provisions of this Section 4, be entitled to the following payments and benefits (the “Severance Benefits”) in lieu of any other payments or benefits available under any and all Company separation plans or policies:

Appears in 1 contract

Samples: Employment Agreement (Sprint Nextel Corp)

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Payments on Certain Terminations. If, during the Employment Term, (a) the Company terminates Executive’s employment with the Company for any reason other than (x) Cause or (y) Executive’s Total Disability or (b) Executive terminates his employment with the Company for Good ReasonReason and, in either event, such termination constitutes a Separation from Service, then Executive shall, subject to the applicable provisions of this Section 4, be entitled to the following payments and benefits (the “Severance Benefits”) in lieu of any other payments or benefits available under any and all Company separation plans or policies:):

Appears in 1 contract

Samples: Employment Agreement (Sprint Nextel Corp)

Payments on Certain Terminations. If, during the Employment Term, (a) the Company terminates Executive’s employment with the Company for any reason other than (x) Cause or (y) Executive’s Total Disability or (b) Executive terminates his Executive’s employment with the Company for Good Reason, then Executive shall, subject to the applicable provisions of this Section 45, be entitled to the following payments and benefits (the “Severance Benefits”) in lieu of any other payments or benefits available under any and all Company separation plans or policies:

Appears in 1 contract

Samples: Employment Agreement (Embarq CORP)

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Payments on Certain Terminations. If, during the Employment Term, (a) the Company terminates Executive’s employment with the Company for any reason other than (x) Cause or (y) Executive’s Total Disability or (b) Executive terminates his employment with the Company for Good Reason, then Executive shall, subject to the applicable provisions of this Section 45, be entitled to the following payments and benefits (the “Severance Benefits”) in lieu of any other payments or benefits available under any and all Company separation plans or policies:

Appears in 1 contract

Samples: Employment Agreement (Sprint Corp)

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