No Severance Benefits. Employee is not entitled to any severance benefits if this Agreement is terminated pursuant to Sections 6.1(a) or 6.2(a) of this Agreement; provided however, Employee shall be entitled to (i) Base Salary prorated through the effective date of such termination; (ii) bonuses for which the payment date occurs prior to the effective date of such termination; and (iii) medical coverage and other benefits required by law and plans (as provided in Section 7.5, below).
No Severance Benefits. The Executive shall not be entitled to receive Severance Benefits if the Executive’s employment with a Participating Company ends for reasons other than a Qualifying Termination.
No Severance Benefits. The Officer shall not be entitled to receive Severance Benefits under this Agreement if the Officer’s employment with the Employer ends for reasons other than a Qualifying Termination.
No Severance Benefits. Employee shall not be entitled to any severance benefits if Employee initiates Employee’s Separation from Service without Good Reason or if the Company initiates Employee’s Separation from Service without Cause; provided, however, that Employee shall be entitled to (i) Base Salary prorated through the Separation from Service; and (ii) medical coverage and other benefits required by law and plans (as provided in Section 7.5 below).
No Severance Benefits. The Distribution and the assignment, transfer, or continuation of employment of any Employee of Ventas or any of its Affiliates in connection therewith (including in accordance with Section 2.1 hereof) shall not be deemed a termination of employment entitling such Employee to severance or other similar termination payments or benefits under any applicable Law, Ventas Benefit Plan or SpinCo Benefit Plan.
No Severance Benefits no severance benefits are or will be payable pursuant to any Employee Benefit Plan of the Company, or otherwise, or because of the Contemplated Transactions;
No Severance Benefits. Employee shall not be entitled to any severance benefits if Employee initiates Employee’s Separation from Service without Good Reason or if the Company initiates Employee’s Separation from Service for Cause; provided, however, that Employee shall be entitled to (i) Base Salary prorated through the Separation from Service; (ii) medical coverage and other benefits required by law and plans (as provided in Section 7.5 below); and (iii) in the event the Employee initiates Employee’s Separation from Service without Good Reason and such Separation from Service constitutes “Retirement” under the Company’s Equity Award Death, Disability and Retirement Policy, Employee’s Equity Awards shall be subject to such Policy.
No Severance Benefits. McDonald will not be entitled to any other severance payments or benefits. McDonald agrees that the changes to his position, duties, responsibilities, compensation, work location and other terms and conditions of employment contemplated by this Letter Agreement do not constitute “Good Reason” for him to resign (as set forth in his Severance and Change of Control Agreement, or any other agreement he has with the Company or Employer).
No Severance Benefits. Executive agrees that he is only entitled to the compensation and benefits set forth in this Agreement and is not entitled to any other severance benefits under any other plan or program of the Company and its affiliates.
No Severance Benefits. Xxxxx acknowledges and agrees that, except as expressly provided in this Agreement, he is not entitled to any severance payments or benefits from the Company under any plan, program or contract.
