Common use of Covered Termination Clause in Contracts

Covered Termination. If Executive’s employment with the Company is terminated due to a Covered Termination, and Executive no later than twenty-one (21) days (forty-five (45) days in case of a group termination) executes and delivers to the Company, and does not revoke within the seven (7) days after execution, a Release as described in Section 11(c) and continues to remain in material compliance with the obligations set forth in Section 16 (provided that if the Company finds that Executive is not in material compliance with Section 16, then Executive shall have thirty (30) days to remedy such noncompliance upon receiving written notice thereof from the Company), then Executive shall be entitled to the following severance benefits, subject to Section 11:

Covered Termination. If Executive’s employment with the Company is terminated due to a Covered Termination, and Executive no later than twenty-one (21) days (forty-five (45) days in case of a group termination) executes and delivers to the Company, and does not revoke within the seven (7) days after execution, a Release as described in Section 11(c9(c) and continues to remain in material compliance with the obligations set forth in Section 16 13 (provided that if the Company finds that Executive is not in material compliance with Section 1613, then Executive shall have thirty (30) days to remedy such noncompliance upon receiving written notice thereof from the Company), then Executive shall be entitled to the following severance benefits, subject to Section 1110:

Covered Termination. If Executive’s employment with the Company is terminated due to a Covered Termination, and Executive no later than twenty-one (21) days (forty-forty- five (45) days in case of a group termination) executes and delivers to the Company, and does not revoke within the seven (7) days after execution, a Release as described in Section 11(c8(c) and continues to remain in material compliance with the obligations set forth in Section 16 11 (provided that if the Company finds that Executive is not in material compliance with Section 1611, then Executive shall have thirty (30) days to remedy such noncompliance upon receiving written notice thereof from the Company), then Executive shall be entitled to the following severance benefits, subject to Section 119:

Covered Termination. If Executive’s employment with the Company is terminated due to a Covered Termination, and Executive no later than twenty-one (21) days (forty-five (45) days in case of a group termination) executes and delivers to the Company, and does not revoke within the seven (7) days after execution, a Release as described in Section 11(c8(c) and continues to remain in material compliance with the obligations set forth in Section 16 11 (provided that if the Company finds that Executive is not in material compliance with Section 1611, then Executive shall have thirty (30) days to remedy such noncompliance upon receiving written notice thereof from the Company), then Executive shall be entitled to the following severance benefits, subject to Section 119: (i) Severance Payment. A termination payment equal to one hundred percent (100)% of Executive’s annual Base Salary will be paid to Executive on the first payroll date following sixty (60) days after termination of employment;