Entitlements Upon Termination Clause Samples

Entitlements Upon Termination. Upon termination of industrial accident or illness leave, the teacher shall be entitled to sick leave, and his/her absence for such purpose shall be deemed to have commenced on the date of termination of the industrial accident or illness leave, provided that if the teacher continues to receive temporary disability indemnity, he/she may elect to take as much of his/her accumulated sick leave which, when added to his/her temporary disability indemnity, will result in payment to him/her of not more than his/ her full salary.
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Entitlements Upon Termination. This Section 4 describes Executive’s entitlements resulting from a termination of employment.
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Entitlements Upon Termination. Subject to the terms and conditions of this Agreement, CEO shall be entitled to receive the following payments and benefits:
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Entitlements Upon Termination. (a) In addition to any other entitlement under this Agreement, on any termination of this Agreement you are entitled to receive: (i) your Cash Salary and other benefits under this Agreement; (ii) payment of any accrued or untaken annual leave paid on TRP; (iii) TRP in lieu of any accrued but untaken long service leave; and (iv) any other benefits due to you pursuant to any share plan or other relevant plan; up to and including the date of termination. (b) If this Agreement terminates due to the effluxion of time, in addition to the entitlements listed in (a) above, you are entitled to receive: (i) any deferred short-term incentive amounts held on your behalf; (ii) retain any unvested long-term incentive allocations on their original terms and conditions. Any vesting would remain subject to the satisfaction of the original hurdle; (iii) any other benefit due to an executive of your level on retirement. (c) If your employment is terminated because of redundancy (Clause E.1.3), changed requirements (Clause E.1.4), or material change of circumstances (Clause E.2.1) we will request the Trustees of the National Australia Bank Superannuation Fund to pay to you a benefit which will include the full current value of any Excess Transfer Value which would normally be vested and credited to your account progressively between the ages of 45 and 50 years.
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Entitlements Upon Termination. In addition to any other entitlement under this Agreement, on any termination of this Agreement you are entitled to receive: (a) your Salary and other benefits under this Agreement; (b) Salary plus the cash portion of the Benefit component of your Total Remuneration Package in lieu of any accrued but untaken annual leave; (c) Salary in lieu of any accrued but untaken long service leave; and (d) any other benefits due to you pursuant to any share plan or other relevant plan; up to and including the date of termination.
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Entitlements Upon Termination. Upon termination of this Agreement pursuant to §5.3, §5.4, §5.5, §5.6, §5.7, or §5.8 all of the provisions of this Agreement shall forthwith terminate and cease to be of any further force or effect, and the Executive will have no right, entitlement or claim to any compensation, rights or damages, whether under this Agreement or otherwise, other than: (a) such amounts that have accrued to him under §3.1 and §3.2 prior to the date of such termination; (b) such vesting of the right to purchase shares that are subject to the Options pursuant to §3.5 hereof; and (c) such amounts as may be payable under paragraph §5.9.
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Entitlements Upon Termination. The Executive shall be entitled to the following upon the termination of this Agreement: (a) If the Corporation terminates this Agreement for Cause, the Executive shall receive Base Salary through the date of termination and Minimum Bonus. (b) In the event of the Executive's death or if the Employer terminates the Executive's employment hereunder on the ground that the Executive is disabled, the Executive's estate or legal representative or the Executive, as the case may be, shall receive: (i) the Executive's Base Salary through the date of termination and Minimum Bonus; (ii) payment for any unused vacation to which Executive would have been entitled pursuant to Section 4 hereof; and (iii) all of the shares of the 5,900 Share Restricted Stock Grant (herein defined in Exhibit 4.01) shall immediately vest. (c) If the Employee shall terminate the Executive's employment without cause, in breach of this Agreement (it being understood that a purported termination for cause which is disputed and finally determined not to have been proper shall be a termination by the Employer without cause), or if Executive shall terminate his employment for Good Reason, then: (i) The Employer shall pay Executive the amounts set forth in Section 5.04(b) above; (ii) The Employer shall continue paying to the Executive his Base Salary and Minimum Bonus through the end of the Employment Period in accordance with Section 4.01 hereof and the Executive shall continue to be entitled to and shall receive his benefits under Section 4.02 hereof through the end of the Employment Period; (iii) Executive shall receive all of the shares of the 11,800 Share Restricted Stock Grant that would vest through the end of the Employment Period; and (iv) The Employer shall also pay all amounts the Executive would have received under the Employer's pension plan or similar benefit plans, if any, if the Employer had not terminated this Agreement without Cause or the Executive had not terminated this Agreement for Good Reason and had the Executive's 6 employment continued through the end of the Employment Period at the rate of compensation specified herein. (d) Unless the Employment Period hereunder shall have been terminated under Section 5.01 or Section 5.02 hereof, if the Employment Period is not extended to include the "Extended Employment Period" (through December 31, 2001) (i) for any reason whatsoever (including, without limitation, Employer's failure to give an Extension Notice or Employee's failure ...
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Entitlements Upon Termination. (a) In addition to any other entitlement under this Agreement, on any termination of this Agreement you are entitled to receive: (i) your Cash Salary and other benefits under this Agreement; (ii) payment of any accrued or untaken annual leave paid on TRP; (iii) TRP in lieu of any accrued but untaken long service leave; and (iv) any other benefits due to you pursuant to any share plan or other relevant plan; up to and including the date of termination. (b) If your employment is terminated because of redundancy (Clause E.1.3), changed requirements (Clause E.1.4), or material change of circumstances (Clause E.2.1) we will request the Trustees of the National Australia Bank Superannuation Fund to pay to you a benefit which will include the full current value of any Excess Transfer Value which would normally be vested and credited to your account progressively between the ages of 45 and 50 years.
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Entitlements Upon Termination 
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Related to Entitlements Upon Termination

  • Payments Upon Termination A. Upon termination of the Executive's employment hereunder, the Company shall be obligated to pay and the Executive shall be entitled to receive, on the pay date for the pay period in which the termination occurs, all accrued and unpaid Base Salary to the date of termination. In addition, the Executive shall be entitled to any benefits to which he is entitled under the terms of any applicable employee benefit plan or program or applicable law. B. Except as provided in Section 7(A), upon termination of the Executive's employment by the Company without Cause or by the Executive due to Good Reason, in addition to the amount set forth in Section 6(A), the Company shall be obligated to pay, and the Executive shall be entitled to receive, (i) Base Salary for a period of three years and (ii) continued medical and dental benefits for a period of three years at no cost to the Executive. The Company may cease all payments of Base Salary and bonus under this Section 6(B) in the event of a willful breach by the Executive of the provisions of Sections 8, 9 or 10 of this Agreement or any inadvertent breach that continues after notice given to the Executive by the Company. As a condition precedent to the receipt of any of the severance benefits hereunder the Executive hereby agrees to execute a release of claims against the Company and its affiliates in form and substance reasonably satisfactory to the Company. C. In the event Executive elects to terminate employment as set forth in Section 5(F) then in such event any options not vested as set forth in Section 3(B) shall terminate. D. Upon any termination or expiration of the Executive's employment hereunder pursuant to Section 5, the Executive shall have no further liability or obligation under or in connection with this Agreement; provided, however, that the Executive shall continue to be subject to the provisions of Sections 8, 9, 10, 11 and 12 hereof (it being understood and agreed that such provisions shall survive any termination or expiration of the Executive's employment hereunder for any reason). Upon any Voluntary Termination by the Executive (other than a resignation by the Executive for Good Reason), or expiration of Executive's employment agreement, the Company shall have no further liability under or in connection with this Agreement, except to pay the portion of the Executive's Base Salary earned or accrued at the date of termination.