Common use of Termination Pay Clause in Contracts

Termination Pay. Effective upon the termination of this Agreement, Employer will be obligated to pay Executive (or, in the event of his death, his designated beneficiary as defined below) only such compensation as is provided in this Section 6.5, and in lieu of all other amounts and in settlement and complete release of all claims Executive may have against Employer for any amounts due and owing to Executive, as an employee, under this agreement. For purposes of this Section 6.5, Executive's designated beneficiary will be such individual beneficiary or trust, located at such address, as Executive may designate by notice to Employer from time to time or, if Executive fails to give notice to Employer of such a beneficiary, Executive's estate. Notwithstanding the preceding sentence, Employer will have no duty, in any circumstances, to attempt to open an estate on behalf of Executive, to determine whether any beneficiary designated by Executive is alive or to ascertain the address of any such beneficiary, to determine the existence of any trust, to determine whether any person or entity purporting to act as Executive's personal representative (or the trustee of a trust established by Executive) is duly authorized to act in that capacity, or to locate or attempt to locate any beneficiary, personal representative, or trustee.

Termination Pay. Effective upon the termination of this AgreementExecutive’s employment, Employer Charter will be obligated to pay Executive (or, in the event of his Executive’s death, his the Executive’s designated beneficiary as defined below) only such compensation as is provided in this Section 6.5, 5.5 and in lieu of all other amounts and Section 4, except to the extent otherwise provided for in settlement and complete release of all claims any Charter stock incentive or stock option plan, or any Charter cash award plan (including, among others, the 2005 Executive may have against Employer for any amounts due and owing to ExecutiveCash Award Plan), as an employee, under this agreementapproved by the Board. For purposes of this Section 6.55.5, Executive's ’s designated beneficiary will be such individual beneficiary or trust, located at such address, as Executive may designate by notice to Employer Charter from time to time or, if Executive fails to give notice to Employer Charter of such a beneficiary, Executive's ’s estate. Notwithstanding the preceding sentence, Employer Charter will have no duty, in any circumstances, to attempt to open an estate on behalf of Executive, to determine whether any beneficiary designated by Executive is alive or to ascertain the address of any such beneficiary, to determine the existence of any trust, to determine whether any person or entity purporting to act as Executive's ’s personal representative (or the trustee of a trust established by Executive) is duly authorized to act in that capacity, or to locate or attempt to locate any beneficiary, personal representative, or trustee.

Termination Pay. Effective upon the termination of this Agreement, Employer will be obligated to pay Executive (or, in the event of his death, his designated beneficiary as defined below) only such compensation as is provided in this Section 6.5, and in lieu of all other amounts and in settlement and complete release of all claims Executive may have against Employer for any amounts due and owing to Executive, as an employee, under this agreement. For purposes of this Section 6.5, . Executive's designated beneficiary will be such individual beneficiary or trust, located at such address, as Executive may designate by notice to Employer from time to time or, if Executive fails to give notice to Employer of such a beneficiary, Executive's estate. Notwithstanding the preceding sentence, Employer will have no duty, in any circumstances, to attempt to open an estate on behalf of Executive, to determine whether any beneficiary designated by Executive is alive or to ascertain the address of any such beneficiary, to determine the existence of any trust, to determine whether any person or entity purporting to act as Executive's personal representative (or the trustee of a trust established by Executive) is duly authorized to act in that capacity, or to locate or attempt to locate any beneficiary, personal representative, or trustee.

Termination Pay. (a) Effective upon the termination of this AgreementExecutive’s employment, Employer Company will be obligated to pay Executive (or, in the event of his Executive’s death, his the Executive’s designated beneficiary as defined below) only such compensation as is provided in this Section 6.515, and except to the extent otherwise provided for in lieu of all other amounts and in settlement and complete release of all claims Executive may have against Employer for any amounts due and owing to ExecutiveCompany stock incentive, as an employeestock option or cash award plan (including, under this agreementamong others, the Plan), approved by the Board. For purposes of this Section 6.515, Executive's ’s designated beneficiary will be such individual beneficiary or trust, located at such Charter - Approved Prototype July 31, 2007 address, as Executive may designate by notice to Employer Company from time to time or, if Executive fails to give notice to Employer Company of such a beneficiary, Executive's ’s estate. Notwithstanding the preceding sentence, Employer Company will have no duty, in any circumstances, to attempt to open an estate on behalf of Executive, to determine whether any beneficiary designated by Executive is alive or to ascertain the address of any such beneficiary, to determine the existence of any trust, to determine whether any person or entity purporting to act as Executive's ’s personal representative (or the trustee of a trust established by Executive) is duly authorized to act in that capacity, or to locate or attempt to locate any beneficiary, personal representative, or trustee.

Termination Pay. Effective upon the termination of this Agreement, Employer will be obligated to pay Executive (or, in the event of his death, his designated beneficiary as defined below) only such compensation as is provided in this Section 6.5, and in lieu of all other amounts and in settlement and complete release of all claims Executive may have against Employer for any amounts due and owing to Executive, as an employee, under this agreement. For purposes of this Section 6.5, Executive's ’s designated beneficiary will be such individual beneficiary or trust, located at such address, as Executive may designate by notice to Employer from time to time or, if Executive fails to give notice to Employer of such a beneficiary, Executive's ’s estate. Notwithstanding the preceding sentence, Employer will have no duty, in any circumstances, to attempt to open an estate on behalf of Executive, to determine whether any beneficiary designated by Executive is alive or to ascertain the address of any such beneficiary, to determine the existence of any trust, to determine whether any person or entity purporting to act as Executive's ’s personal representative (or the trustee of a trust established by Executive) is duly authorized to act in that capacity, or to locate or attempt to locate any beneficiary, personal representative, or trustee.

Termination Pay. Effective upon the termination Date of this AgreementTermination, Employer will be obligated to pay Executive (or, in the event of his her death, his her designated beneficiary as defined below) only such compensation as is provided for in this Section 6.55.4, and in lieu of all other amounts and in settlement and complete release of all claims Executive may have against Employer for Employer, other than with respect to any amounts due and owing rights to Executive, as an employee, under this agreementbe indemnified. For purposes of this Section 6.55.4, Executive's ’s designated beneficiary will be such individual beneficiary or trust, located at such address, trust as Executive may designate by notice to Employer from time to time or, if by written notice that is provided to Employer prior to the death of Executive. If Executive fails to give written notice to Employer of such a beneficiary, the beneficiary shall be Executive's ’s estate. Notwithstanding the preceding sentence, Employer will shall have no duty, in any circumstances, to attempt to open an estate on behalf of Executive, to determine whether any beneficiary designated by Executive is alive or to ascertain the address of any such beneficiary, to determine the existence of any trust, to determine whether any person or entity purporting to act as Executive's ’s personal representative (or the trustee of a trust established by Executive) is duly authorized to act in that capacity, or to locate or attempt to locate any beneficiary, personal representative, or trustee.