Common use of Vested Benefits Clause in Contracts

Vested Benefits. Following the Executive’s termination of employment under Section 3.01(a), (b), (c), (d), or (e) he shall be entitled to payment or distribution of such vested Benefits, if any, as to which the Executive may be entitled under the Benefit Plans pursuant to the terms of the applicable plans then in effect. Notwithstanding the foregoing, nothing in this Agreement shall provide accelerated or enhanced vesting beyond the terms, conditions and provisions set forth in the Benefit Plans. With respect to entitlement to vested Benefits, in the event of conflict between this Agreement and the Benefit Plans, the Benefit Plans shall control.

Appears in 6 contracts

Samples: Severance Agreement (PQ Group Holdings Inc.), Severance Agreement (PQ Group Holdings Inc.), Severance Agreement (PQ Group Holdings Inc.)

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Vested Benefits. Following the Executive’s termination of employment under Section 3.01(a), (b), (c), or (d), or (e) he shall be entitled to payment or distribution of such vested Benefits, if any, as to which the Executive may be entitled under the Benefit Plans pursuant to the terms of the applicable plans then in effect. Notwithstanding the foregoing, nothing in this Agreement shall provide accelerated or enhanced vesting beyond the terms, conditions and provisions set forth in the Benefit Plans. With respect to entitlement to vested Benefits, in the event of conflict between this Agreement and the Benefit Plans, the Benefit Plans shall control.

Appears in 2 contracts

Samples: Severance Agreement (Ecovyst Inc.), Severance Agreement (Ecovyst Inc.)

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Vested Benefits. Following the Executive’s termination of employment under Section 3.01(a), (b), (c), or (d), or (e) he shall be entitled to payment or distribution of such vested Benefits, if any, as to which the Executive may be entitled under the Benefit Plans pursuant to the terms of the applicable plans then in effect. Notwithstanding the foregoing, nothing in this Agreement shall provide accelerated or enhanced vesting beyond the terms, conditions and provisions set forth in the Benefit Plans. With respect to entitlement to vested Benefits, in the event of conflict between this Agreement and the Benefit Plans, the Benefit Plans shall control.

Appears in 1 contract

Samples: Amended and Restated Severance Agreement (Ecovyst Inc.)

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