Common use of Severance Compensation upon Termination of Employment Clause in Contracts

Severance Compensation upon Termination of Employment. (a) In the event of the Employee’s involuntary Termination of Employment by the Company or a Subsidiary or Affiliate for any reason other than Cause or in the event of a Good Reason Termination, in either event upon or within two years after a Change in Control, the Employee will receive the following amounts in lieu of any severance compensation and benefits under the Executive Severance Plan or any other severance plan of the Company or a Subsidiary or Affiliate:

Appears in 19 contracts

Samples: Change in Control Agreement (Ugi Corp /Pa/), Change in Control Agreement (Ugi Corp /Pa/), Change in Control Agreement (Ugi Corp /Pa/)

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Severance Compensation upon Termination of Employment. (a) In the event of the Employee’s 's involuntary Termination of Employment by the Company or a Subsidiary or Affiliate for any reason other than Cause or in the event of a Good Reason Termination, in either event upon or within two years after a Change in Control, the Employee will receive the following amounts in lieu of any severance compensation and benefits under the Executive Severance Plan or any other severance plan of the Company or a Subsidiary or Affiliate:

Appears in 4 contracts

Samples: Change in Control Agreement (Ugi Corp /Pa/), Form of Change in Control Agreement (Ugi Utilities Inc), Form of Change in Control Agreement (Ugi Corp /Pa/)

Severance Compensation upon Termination of Employment. (a) In Subject to the provisions of Section 10 hereof, in the event of the Employee’s involuntary Termination of Employment by the Company or a Subsidiary or Affiliate for any reason other than Cause or in the event of a Good Reason Termination, in either event upon or within two years after a Change in Control, the Employee will Employee, upon the execution of a Release, shall receive the following amounts amount described in lieu of any severance compensation and benefits under subsection (i) or (ii) below, whichever produces the Executive Severance Plan or any other severance plan of the Company or a Subsidiary or Affiliategreater benefit:

Appears in 3 contracts

Samples: Change in Control Agreement (Ugi Utilities Inc), Change in Control Agreement (Ugi Corp /Pa/), Change in Control Agreement (Amerigas Partners Lp)

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Severance Compensation upon Termination of Employment. (a) In the event of the Employee’s involuntary Termination of Employment by the Company or a Subsidiary or Affiliate for any reason other than Cause or in the event of a Good Reason Termination, in either event upon or within two years after a Change in Control, the Employee will receive the following amounts in lieu of any severance compensation and benefits under the Executive Severance Plan or any other severance plan of the Company or a Subsidiary or Affiliate:;

Appears in 1 contract

Samples: Change in Control Agreement (Amerigas Partners Lp)

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