Xxxxxxxxx Benefits. If Executive’s employment is involuntarily terminated without Cause or Executive voluntarily terminates Executive’s employment for Good Reason (as such terms are defined in Section 2 below), Executive will be entitled to the benefits described in Sections 1(a)(i) and (ii) below (collectively, the “Severance Benefits”). Executive will not be entitled to the Severance Benefits if Executive’s employment terminates for any other reason, including for Cause or due to death or Disability (as defined in Section 2 below). Executive will not be entitled to Severance Benefits if Executive does not meet all of the other requirements of this Agreement, including those of Section 4(g).
Appears in 4 contracts
Samples: Severance Agreement (Sears Hometown & Outlet Stores, Inc.), Executive Severance Agreement (Sears Hometown & Outlet Stores, Inc.), Severance Agreement (Sears Hometown & Outlet Stores, Inc.)
Xxxxxxxxx Benefits. If Executive’s employment Executive is involuntarily terminated without Cause or Executive voluntarily terminates Executive’s employment for Good Reason (as such terms are defined in Section 2 below), Executive will be entitled to the benefits described in Sections 1(a)(i), (ii) and (iiiii) below (collectively, the “Severance Benefits”). Executive will not be entitled to the Severance Benefits if Executive’s employment terminates for any other reason, including for Cause or due to death or Disability (as defined in Section 2 below). Executive will not be entitled to Severance Benefits if Executive does not meet all of the other requirements of this Agreement, including those of Section 4(g).
Appears in 1 contract
Samples: Severance Agreement (Sears Hometown & Outlet Stores, Inc.)