Common use of Other Terminations Clause in Contracts

Other Terminations. If, following the Change in Control Date, the Executive’s employment with the Company is terminated other than under the circumstances described in Section 4.2(a) or Section 4.2(b), then the Company shall (i) pay the Executive (or his estate, if applicable), in a lump sum in cash on the Date of Termination, the Accrued Obligations and (ii) to the extent not previously paid or provided, timely pay or provide to the Executive the Other Benefits.

Appears in 18 contracts

Samples: Severance Agreement (American Superconductor Corp /De/), Severance Agreement (American Superconductor Corp /De/), Executive Severance Agreement (American Superconductor Corp /De/)

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Other Terminations. If, following the Change in Control Date, the Executive’s employment with the Company is terminated other than under the circumstances described in Section 4.2(a) or Section 4.2(b), then the Company shall (i) pay the Executive (or his estate, if applicable), in a lump sum in cash on the Date of Termination, the Accrued Obligations and (ii) to the extent not previously paid or provided, timely pay or provide to the Executive the Other Benefits, the distribution of which shall be subject to the provisions of Section 4.7.

Appears in 11 contracts

Samples: Executive Severance Agreement (American Superconductor Corp /De/), Executive Severance Agreement (American Superconductor Corp /De/), Release Agreement (American Superconductor Corp /De/)

Other Terminations. If, following the Change in Control Date, the Executive’s employment with the Company is terminated other than under the circumstances described in Section 4.2(a) or Section 4.2(b), then the Company shall (i) pay the Executive (or his estate, if applicable), in a lump sum in cash on the Date of Termination, ) the Accrued Obligations and (ii) to the extent not previously paid or provided, timely pay or provide to the Executive the Other Benefits, the distribution of which shall be subject to the provisions of Section 4.7.

Appears in 2 contracts

Samples: Executive Severance Agreement, Severance Agreement (American Superconductor Corp /De/)

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Other Terminations. If, following the Change in Control Date, the Executive’s employment with the Company is terminated other than under the circumstances described in Section 4.2(a) or Section 4.2(b), then the Company shall (i) pay the Executive (or his estate, if applicable), in a lump sum in cash on the Date of Termination, the Accrued Obligations and (ii) to the extent not previously paid or provided, timely pay or provide to the Executive the Other BenefitsBenefits , the distribution of which shall be subject to the provisions of Section 4.7.

Appears in 1 contract

Samples: Severance Agreement (American Superconductor Corp /De/)

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