Common use of Post-Termination Benefits Clause in Contracts

Post-Termination Benefits. If Employee's employment is terminated for any reason other than Employee's voluntary resignation, the Fringe Benefits provided to Employee under this Article 6 shall be continued for a period equal to eight (8) months. In addition, Employee shall be reimbursed for all reasonable job search and placement costs incurred in securing new employment.

Appears in 1 contract

Samples: Employment Agreement (Financialweb Com Inc)

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Post-Termination Benefits. If Employee's employment is terminated for any reason other than "For Cause" or Employee's voluntary resignation, the Fringe Benefits provided to Employee under this Article 6 shall be continued for (a) a period equal to eight six (8) months6) months or (b) if lesser, until Employee is re-employed on a full-time basis. In additionthe event of termination, other than "For Cause" or voluntary resignation, Employee shall use his best efforts to be reimbursed for all reasonable job search and placement costs incurred in securing new employmentre-employed on a full time basis, which efforts shall be a condition to receipt of Fringe Benefits.

Appears in 1 contract

Samples: Employment Agreement (Financialweb Com Inc)

Post-Termination Benefits. If Employee's employment is terminated for ------------------------- any reason other than "For Cause" or Employee's voluntary resignation, the Fringe Benefits provided to Employee under this Article 6 shall be continued for (a) a period equal to eight six (8) months6) months or (b) if lesser, until Employee is re- employed on a full-time basis. In additionthe event of termination, other than "For Cause" or voluntary resignation, Employee shall use his best efforts to be reimbursed for all reasonable job search and placement costs incurred in securing new employmentre- employed on a full time basis, which efforts shall be a condition to receipt of Fringe Benefits.

Appears in 1 contract

Samples: Employment Agreement (Financialweb Com Inc)

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Post-Termination Benefits. If Employee's employment is terminated for any reason reason, other than due to Employee's voluntary resignationresignation or "For Cause", the Fringe Benefits provided to Employee under this Article 6 shall be continued for a period equal to eight (8) of six months. In addition, Employee shall be reimbursed for all reasonable job search and placement costs incurred in securing new from the date that the Employee's notified of termination, regardless of Employee's re-employment.

Appears in 1 contract

Samples: Employeement Agreement (Financialweb Com Inc)

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