Plan Benefits. In the event the Company terminates Executive's employment without Cause or if Executive terminates his employment due to a Constructive Termination, Executive shall be eligible for the severance benefits provided pursuant to a Covered Termination under the Key Employee Plan. This Section 5.3(a) shall not apply if Executive's employment is terminated in a Change of Control Termination or due to death or Disability (as such terms are defined in the Key Employee Plan).
Appears in 4 contracts
Samples: Key Employee Agreement (Peets Coffee & Tea Inc), Key Employee Agreement (Peets Coffee & Tea Inc), Key Employee Agreement for Chairman (Peets Coffee & Tea Inc)
Plan Benefits. In the event the Company terminates Executive's employment without Cause or if Executive terminates his employment due to a Constructive Termination, Executive shall be eligible for the severance benefits provided pursuant to a Covered Termination under the Key Employee Plan. This Section 5.3(a) shall not apply if Executive's employment is terminated in a Change of Control Termination or due to death or Disability (as such terms are defined in the Key Employee Plan).. (B)
Appears in 2 contracts
Samples: Tea Key Employee Agreement (Peets Coffee & Tea Inc), Key Employee Agreement (Peets Coffee & Tea Inc)
Plan Benefits. In the event the Company terminates Executive's employment without Cause or if Executive terminates his employment due to a Constructive Termination, Executive shall be eligible for the severance benefits provided pursuant to a Covered Termination under the Key Employee Plan. This Section 5.3(a) shall not apply if Executive's employment is terminated in a Change of Control Termination or due to death or Disability (as such terms are defined in the Key Employee Plan).if
Appears in 1 contract
Plan Benefits. In the event the Company terminates Executive's employment without Cause Cause, or if Executive terminates his employment due to a Constructive Termination, Executive shall be eligible for the severance benefits provided pursuant to a Covered Termination under the Key Employee Plan. This Section 5.3(a) shall not apply if Executive's employment is terminated in a Change of Control Termination or due to death or Disability (as such terms are defined in the Key Employee Plan).. (B)
Appears in 1 contract
