Common use of Qualifying Terminations Clause in Contracts

Qualifying Terminations. If there is a Qualifying Termination, the Company will make the payments and provide the benefits set forth in Section 8(b) of the Agreement (as if there were a termination for Good Reason) except that your Severance Period will be 3 years (notwithstanding any contrary provision in the Agreement or your Schedule).

Appears in 7 contracts

Sources: Employment Agreement (Central Pacific Financial Corp), Employment Agreement (Central Pacific Financial Corp), Employment Agreement (Central Pacific Financial Corp)