Common use of the Other Benefits Clause in Contracts

the Other Benefits. With respect to the provision of Other Benefits, in the event the Executive’s termination occurs during a Change of Control Period, the term “Other Benefits” as utilized in this Section 4(c) shall include, without limitation, and the Executive’s estate and/or beneficiaries shall be entitled to receive, benefits at least equal to the most favorable benefits provided by the Company and the Affiliated Group to the estates and beneficiaries of peer executives of the Company and the Affiliated Group under such plans, programs, practices and policies relating to death benefits, if any, as in effect with respect to other peer executives and their beneficiaries at any time during the 120-day period immediately preceding the Change of Control Effective Date or, if more favorable to the Executive’s estate and/or the Executive’s beneficiaries, as in effect on the date of the Executive’s death with respect to other peer executives of the Company and the Affiliated Group and their beneficiaries.

Appears in 5 contracts

Samples: Employment Agreement (Bristow Group Inc), Employment Agreement (Bristow Group Inc), Agreement (Offshore Logistics Inc)

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the Other Benefits. With respect to the provision of Other Benefits, in the event the ExecutiveEmployee’s termination occurs during a Change of Control Period, the term “Other Benefits” as utilized in this Section 4(c1(c) shall include, without limitation, and the ExecutiveEmployee’s estate and/or beneficiaries shall be entitled to receive, benefits at least equal to the most favorable benefits provided by the Company and the Affiliated Group to the estates and beneficiaries of peer executives of the Company and the Affiliated Group under such plans, programs, practices and policies relating to death benefits, if any, as in effect with respect to other peer executives and their beneficiaries at any time during the 120-day period immediately preceding the Change of Control Effective Date or, if more favorable to the ExecutiveEmployee’s estate and/or the ExecutiveEmployee’s beneficiaries, as in effect on the date of the ExecutiveEmployee’s death with respect to other peer executives of the Company and the Affiliated Group and their beneficiaries.

Appears in 1 contract

Samples: Severance Benefits Agreement (Bristow Group Inc)

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