Common use of TRIGGERING EVENT PAYMENTS Clause in Contracts

TRIGGERING EVENT PAYMENTS. 1. After the occurrence of a Triggering Event, Employer shall commence payments to Executive of the benefits or amounts set forth hereunder, provided the release required and described in Section 9 has been executed and delivered by Executive to Employer and, as applicable, such release has not been timely revoked:

Appears in 3 contracts

Samples: Change in Control Agreement (Stoneridge Inc), Change in Control Agreement (Stoneridge Inc), Change in Control Agreement (Stoneridge Inc)

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TRIGGERING EVENT PAYMENTS. 1. After the occurrence of a Triggering Event, Employer shall commence payments to Executive of the benefits or amounts set forth hereunder, provided the release required and described in Section 9 has been executed and timely delivered by Executive to Employer and, as applicable, such release has not been timely revoked:

Appears in 1 contract

Samples: Control Agreement (Stoneridge Inc)

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