Termination Due to Normal Retirement. Death, or Disability ---------------------------------------------------------- Upon an Executive's Date of Termination due to his voluntary decision to retire on or after his Normal Retirement Date (other than for Good Reason during the Extended Employment Period), death or Disability, the Term of this Termination Agreement will immediately terminate and all obligations of the Company and Executive under this Termination Agreement will immediately cease; PROVIDED, HOWEVER, that subject to the provisions of Section 13(c), the Company will pay Executive (or his beneficiaries or estate), and Executive (or his beneficiaries or estate) will be entitled to receive, the following:
Appears in 11 contracts
Samples: Termination and Change of Control Agreement (Cuno Inc), Termination and Change of Control Agreement (Commercial Intertech Corp), Termination and Change of Control Agreement (Commercial Intertech Corp)
Termination Due to Normal Retirement. Death, or Disability ---------------------------------------------------------- ----------------------------------------------------------- Upon an Executive's Date of Termination due to his voluntary decision to retire on or after his Normal Retirement Date (other than for Good Reason during the Extended Employment Period), death or Disability, the Term of this Termination Agreement will immediately terminate and all obligations of the Company and Executive under this Termination Agreement will immediately cease; PROVIDED, HOWEVER, that subject to the provisions of Section 13(c), the Company will pay Executive (or his beneficiaries or estate), and Executive (or his beneficiaries or estate) will be entitled to receive, the following:
Appears in 1 contract
Samples: Termination and Change of Control Agreement (Commercial Intertech Corp)
