Common use of Any Reason Clause in Contracts

Any Reason. If, during the Employment Period, the Executive's employment is terminated for any reason, Merger Sub shall (i) pay to the Executive the Executive's Annual Base Salary through the Date of Termination to the extent not theretofore paid and any other bonus payments for a prior bonus year that have been earned but not yet paid and (ii) to the extent not theretofore paid or provided, pay or provide to the Executive any other amounts or benefits required to be paid or provided or which the Executive is eligible to receive under any plan, program, policy or practice or contract or agreement of Merger Sub and its affiliated companies through the Date of Termination and Executive's other normal post- termination compensation and benefits (including payments under retirement and retiree medical programs), if any, as such payments become due. (1) The payments and benefits provided under Sections 5 (b), (c), (d) and (e) below are in addition to the payments required under this Section 5(a).

Appears in 1 contract

Sources: Merger Agreement (American International Group Inc)

Any Reason. If, during the Employment Period, the Executive's employment is terminated for any reason, Merger Sub shall (i) pay to the Executive the Executive's Annual Base Salary through the Date of Termination to the extent not theretofore paid and any other bonus payments for a prior bonus year that have been earned but not yet paid and (ii) to the extent not theretofore paid or provided, pay or provide to the Executive any other amounts or benefits required to be paid or provided or which the Executive is eligible to receive under any plan, program, policy or practice or contract or agreement of Merger Sub and its affiliated companies through the Date of Termination and Executive's other normal post- post-termination compensation and benefits (including payments under retirement and retiree medical programs), if any, as such payments become due. (1) . The payments and benefits provided under Sections 5 (b), (c), (d) 7 and (e) 8 below are in addition to the payments required under this Section 5(a).

Appears in 1 contract

Sources: Employment Agreement (HSB Group Inc)

Any Reason. If, during the Employment Period, the Executive's employment is terminated for any reason, Merger Sub shall (i) pay to the Executive the Executive's Annual Base Salary through the Date of Termination to the extent not theretofore paid and any other bonus payments for a prior bonus year that have been earned but not yet paid and (ii) to the extent not theretofore paid or provided, pay or provide to the Executive any other amounts or benefits required to be paid or provided or which the Executive is eligible to receive under any plan, program, policy or practice or contract or agreement of Merger Sub and its affiliated companies through the Date of Termination and Executive's other normal post- post-termination compensation and benefits (including payments under retirement and retiree medical programs), if any, as such payments become due. (1) due.1 The payments and benefits provided under Sections 5 (b), (c), (d) and (e) below are in addition to the payments required under this Section 5(a).

Appears in 1 contract

Sources: Merger Agreement (HSB Group Inc)