Common use of With Severance Benefits Clause in Contracts

With Severance Benefits. Subject to the requirements of Section 7.3, if Executive’s employment under this Agreement is terminated by reason of Executive’s death pursuant to Section 4.2(a), by Executive for Good Reason pursuant to Section 4.2(d) within ninety (90) days of the initial existence of the Good Reason condition, by Company without Cause pursuant to Section 4.2(e)(iv), or by Company without Cause following a Change of Control pursuant to Section 4.2(f), then all further rights of Executive (or as applicable, of Executive’s heirs or estate) to employment and/or compensation and benefits from Company under this Agreement shall cease as of the Termination Date, except that Company will pay Executive (or as applicable, Executive’s heirs or estate) the following severance benefits (“Severance Benefits”), as applicable:

Appears in 5 contracts

Samples: Executive Employment Agreement (Heelys, Inc.), Executive Employment Agreement (Heelys, Inc.), Executive Employment Agreement (Heelys, Inc.)

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With Severance Benefits. Subject to the requirements of Section 7.37.3 , if Executive’s employment under this Agreement is terminated by reason of Executive’s death pursuant to Section 4.2(a)) , by Executive for Good Reason pursuant to Section 4.2(d) within ninety (90) days of the initial existence of the Good Reason condition, by Company without Cause pursuant to Section 4.2(e)(iv)) , or by Company without Cause following a Change of Control pursuant to Section 4.2(f)) , then all further rights of Executive (or as applicable, of Executive’s heirs or estate) to employment and/or compensation and benefits from Company under this Agreement shall cease as of the Termination Date, except that Company will pay Executive (or as applicable, Executive’s heirs or estate) the following severance benefits (Severance BenefitsBenefits ”), as applicable:

Appears in 1 contract

Samples: Executive Employment Agreement (Heelys, Inc.)

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