COC Benefits definition

COC Benefits means the COC Benefits described in Section 4.3.
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Examples of COC Benefits in a sentence

  • We are not required to give you prior notice if an immediate change is necessary to maintain or restore the security of your account or our EFT system.

  • The COC Benefits shall be subject to (a) forfeiture provisions in any other agreements between the Executive and the Company and (b) any recoupment, clawback or similar policy of the Company as it may be in effect from time to time, as well as any similar provisions of applicable law, any of which could in certain circumstances require repayment or forfeiture of previously paid compensation.

  • No COC Benefits or Severance Benefits shall be paid or provided prior to the Release Effective Date.

  • Within three (3) days following the Release Effective Date, the Company will pay in a lump sum payment or commence payment of the COC Benefits or Severance Benefits, as applicable, that Executive would otherwise have received on or prior to such date but for the delay in payment related to the effectiveness of the Release, with the balance of the benefits being paid as originally scheduled.

  • Executive acknowledges that Executive’s release of rights is in exchange for COC Benefits to which Executive otherwise legally would not be entitled.

  • In no event shall any COC Benefits be paid or provided before the Non-Competition and Release Agreement becomes effective and irrevocable.

  • The payment of COC Benefits is conditioned on the Executive’s timely execution, delivery and non-revocation of the Non-Competition and Release Agreement.

  • If no such designation is on file with the Company at the time of the Executive’s death, or if no designated Beneficiaries survive the Executive for more than fourteen (14) days, any COC Benefits owing to the Executive under this Agreement shall be paid to the Executive’s estate.

  • Receipt of COC Benefits shall disqualify the Executive from eligibility to receive any other severance benefits from the Company, including, without limitation, those under the Severance Agreement.

  • If the Release Effective Date is not before the Release Deadline Date, the Executive shall forfeit any right to COC Benefits.