Common use of Entitlement to Severance Clause in Contracts

Entitlement to Severance. Subject to the other terms and conditions of this Agreement, upon the Executive’s Termination of Employment, the Executive shall be entitled to the Accrued Benefits, and if the Executive’s employment is terminated by the Company without Cause (other than as a result of death or Disability) to the severance payments described in subsection 5 (c). If the Executive dies after receiving a notice by the Company that the Executive is being terminated without Cause, then the Executive’s estate, heirs and beneficiaries shall be entitled to the Accrued Benefits and the severance benefits described in subsection (c) at the same time such amounts would have been paid or benefits provided to the Executive had he or she lived.