Separation Payments and Benefits. In consideration of Executive’s service to the Company and Executive’s agreement to comply with the terms of this Agreement, specifically including without limitation the restrictive covenants in Section 3 of this Agreement and the requirement of a release as described in Section 5 of this Agreement, Executive shall be entitled to the payments and benefits set forth below on or following the Separation Date.
Appears in 2 contracts
Samples: Succession Agreement (Cimarex Energy Co), Succession Agreement (Cimarex Energy Co)
Separation Payments and Benefits. In consideration of for the Executive’s service to the Company and its Affiliates and the Executive’s agreement to comply with the terms of this Agreement, specifically including without limitation the restrictive covenants in Section 3 of this Agreement and the requirement of a release Release (as described defined in Section 5 of this Agreement) and the restrictive covenants set forth therein, the Executive shall be entitled to the payments and benefits set forth below on or following the Separation Date.below:
Appears in 1 contract
Samples: Succession Agreement (Brinks Co)
Separation Payments and Benefits. In consideration of the Executive’s service to the Company and the Executive’s agreement to comply with the terms of this Agreement, specifically including without limitation the restrictive covenants in Section 3 of this Agreement and the requirement of a release “Release” (as described defined in Section 5 of this Agreement), the Executive shall be entitled to the payments and benefits set forth below on or following the Separation Termination Date. In the event that Executive dies before any such payment becomes due and payable according to the terms of this Agreement, such payments shall be made to the Executive’s heirs in accordance with the terms of this Agreement.
Appears in 1 contract
Separation Payments and Benefits. In consideration of the Executive’s service to the Company and the Executive’s agreement to comply with the terms of this Agreement, specifically including without limitation the restrictive covenants in Section 3 of this Agreement and the requirement of a release “Release” (as described defined in Section 5 of this Agreement), the Executive shall be entitled to the payments and benefits set forth below on or following the Separation Termination Date.
Appears in 1 contract
