Common use of Xxxxxxxxx Benefits Clause in Contracts

Xxxxxxxxx Benefits. In the event of a Qualifying Termination as defined in Section II, Employee shall be entitled to the severance benefits described below upon execution of Employer's then standard separation agreement and mutual release (the "Release"). Payment of the severance benefits shall be made in accordance with applicable waiting periods set forth in the Release measured from the effective date of the Qualifying Termination.

Appears in 2 contracts

Samples: Severance Benefits Agreement (Sun Healthcare Group Inc), Severance Benefits Agreement (Sun Healthcare Group Inc)

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Xxxxxxxxx Benefits. In the event of a Qualifying Termination Termination” as defined in Section II, Employee shall be entitled to the severance benefits described below upon execution of Employer's ’s then standard separation agreement and mutual release (the "Release"). Payment “Separation Agreement”) and delivery of such executed Separation Agreement to Employer within 21 days following the severance benefits shall be made in accordance with applicable waiting periods set forth in the Release measured from the effective date of the his Qualifying Termination.

Appears in 2 contracts

Samples: Severance Benefits Agreement (Sun Healthcare Group Inc), Severance Benefits Agreement (Sun Healthcare Group Inc)

Xxxxxxxxx Benefits. In the event of a Qualifying Termination as defined in Section II, Employee shall be entitled to the severance benefits described below upon execution of Employer's ’s then standard separation agreement and mutual release (the "Release"). Payment ”) and delivery of the severance benefits shall be made in accordance with applicable waiting periods set forth in the such executed Release measured from to Employer within 21 days following the effective date of the Qualifying TerminationTermination (as defined in Section II) or Change in Control (as defined in Section IV), as applicable.

Appears in 1 contract

Samples: Severance Benefits Agreement (Sun Healthcare Group Inc)

Xxxxxxxxx Benefits. In the event of a Qualifying Termination Termination” as defined in Section II, Employee shall be entitled to the severance benefits described below upon execution of Employer's ’s then standard separation agreement and mutual release (the "Release"). Payment “Separation Agreement”) and delivery of such executed Separation Agreement to Employer within 21 days following the severance benefits shall be made in accordance with applicable waiting periods set forth in the Release measured from the effective date of the his or her Qualifying Termination.

Appears in 1 contract

Samples: Change in Control (Sun Healthcare Group Inc)

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Xxxxxxxxx Benefits. In the event of a Qualifying Termination Termination” as defined in Section II, Employee shall be entitled to the severance benefits described below upon execution of Employer's ’s then standard separation agreement and mutual release (the "Release"). Payment ”) and delivery of the severance benefits shall be made in accordance with applicable waiting periods set forth in the such executed Release measured from to Employer within 21 days following the effective date of the Qualifying Termination.

Appears in 1 contract

Samples: Severance Benefits Agreement (Sun Healthcare Group Inc)

Xxxxxxxxx Benefits. In the event of a Qualifying Termination Termination” as defined in Section II, Employee shall be entitled to the severance benefits described below upon execution of Employer's ’s then standard separation agreement and mutual release (the "Release"). Payment ”) and delivery of the severance benefits shall be made in accordance with applicable waiting periods set forth in executed Release to Employer within 21 days following the Release measured from the effective date of the her Qualifying Termination.

Appears in 1 contract

Samples: Severance Benefits Agreement (Sabra Health Care REIT, Inc.)

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