Common use of Covered Termination Clause in Contracts

Covered Termination. If the Participant is entitled to a benefit pursuant to Section 5(c) on account of a Covered Termination, distributions shall be made in accordance with Section 5(e) not later than the 70th day after the Participant’s Termination Date except as otherwise provided in Section 7.

Appears in 12 contracts

Sources: Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp), Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp), Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp)

Covered Termination. If the Participant is entitled to a benefit pursuant to Section 5(c6(c) on account of a Covered Termination, distributions shall be made in accordance with Section 5(e6(e) not later than the 70th day after the Participant’s Termination Date Separation from Service date except as otherwise provided in Section 77(c).

Appears in 7 contracts

Sources: Performance Award Agreement (Centerpoint Energy Resources Corp), Performance Award Agreement (Centerpoint Energy Resources Corp), Performance Award Agreement (Centerpoint Energy Inc)

Covered Termination. If the Participant is entitled to a benefit pursuant to Section 5(c4(c) on account of a Covered Termination, distributions shall be made in accordance with Section 5(e4(e) not later than the 70th day after the Participant’s Covered Termination Date except as otherwise provided in Section 7Paragraph (4) below.

Appears in 3 contracts

Sources: Restricted Stock Unit Award Agreement (Centerpoint Energy Inc), Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp), Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp)

Covered Termination. If the Participant is entitled to a benefit pursuant to Section 5(c6(c) on account of a Covered Termination, distributions shall be made in accordance with Section 5(e6(d) not later than the 70th day after the Participant’s Termination Date Separation from Service date except as otherwise provided in Section 77(c).

Appears in 2 contracts

Sources: Performance Award Agreement (Centerpoint Energy Inc), Performance Award Agreement (Centerpoint Energy Inc)

Covered Termination. If the Participant is entitled to a benefit pursuant to Section 5(c4(b) on account of a Covered Termination, distributions shall be made in accordance with Section 5(e4(d) not later than the 70th day after the Participant’s Covered Termination Date except as otherwise provided in Section 7Paragraph (3) below.

Appears in 2 contracts

Sources: Restricted Stock Unit Award Agreement (Centerpoint Energy Inc), Restricted Stock Unit Award Agreement (Centerpoint Energy Inc)

Covered Termination. If the Participant is entitled to a benefit pursuant to Section 5(c) on account of a Covered Termination, distributions shall be made in accordance with Section 5(e5(d) not later than the 70th day after the Participant’s Termination Date except as otherwise provided in Section 7.

Appears in 2 contracts

Sources: Restricted Stock Unit Award Agreement (Centerpoint Energy Inc), Restricted Stock Unit Award Agreement (Centerpoint Energy Inc)

Covered Termination. If the Participant is entitled to a benefit pursuant to Section 5(c6(c) on account of a Covered Termination, distributions shall be -7- made in accordance with Section 5(e6(e) not later than the 70th day after the Participant’s Termination Date Separation from Service date except as otherwise provided in Section 77(c).

Appears in 1 contract

Sources: Performance Award Agreement (Centerpoint Energy Resources Corp)