Obligations Which Survive Termination Sample Clauses

POPULAR SAMPLE Copied 5 times
Obligations Which Survive Termination. (a) Nothing in this Agreement shall be deemed to limit the Executive’s rights to receive or the obligation of the Company to pay or provide for the Executive and his beneficiaries any retirement or other benefits accrued by the Executive at any time under the terms of any retirement plans maintained by the Company which are subject to the requirements of the Employee Retirement Income Security Act of 1974, as amended, or otherwise intended to satisfy the requirements of Section 401 of the Internal Revenue Code of 1986, as amended (the “Code”). In addition, notwithstanding anything to the contrary contained in this Agreement, in the event that the Executive’s employment is terminated, for any reason whatsoever, the Company shall continue to be obligated to pay the Executive the full amount accrued for his benefit under the terms of the Gibraltar 401(k) Restoration Plan.
View SourceView Similar (3)
Obligations Which Survive Termination. The obligations and remedies of Sections 4.2, 4.3, 6.2 and Article 5 of this Agreement shall survive the execution and termination of this Agreement, except as expressly otherwise provided for in this Agreement.
View SourceView Similar (14)
Obligations Which Survive Termination. (a) Nothing in this Agreement shall be deemed to limit the Executive’s rights to receive or the obligation of the Company to pay or provide for the Executive and his beneficiaries any benefits accrued by the Executive at any time under the terms of the Company’s 401(k) plan. (b) If the Executive’s employment is terminated for “Cause” or by the Executive in a termination which does not constitute a “Good Reason Termination” or a “No-Fault Termination”, the Executive shall not be entitled to receive any portion of the annual cash bonus that would be payable to the Executive for the year in which his employment is terminated. (c) If the Executive’s employment is terminated due to his Retirement, the Executive shall be entitled to receive a pro-rata portion of the annual cash bonus he would have been entitled to receive under the MICP had his employment continued through the end of the calendar year in which his employment is terminated. Payment of such pro-rata portion shall be made to the Executive on the same date and under the same terms that annual cash bonuses for the calendar year in which the Executive’s employment is terminated are paid under the terms of the MICP. (d) In connection with any termination of the Executive’s employment by the Company for a reason other than for “Cause” or a termination of the Executive’s employment by the Executive which is a “Good Reason Termination” or a “No-Fault Termination”, notwithstanding anything to the contrary contained in any equity based compensation awards made to the Executive on or after the date hereof, including, but not limited to, restricted stock unit awards held by the Executive in connection with his participation in the MSPP, and restricted stock units held by the Executive in connection with his participation in the LTIP, the Executive shall be entitled to full accelerated vesting of all then outstanding restricted stock units and stock options and where applicable, payment of cash or common stock of the Company therefor, but, in any case, only to the extent that the amounts required to be paid to the Executive under the terms of any such equity based compensation awards have not been paid prior to the date the termination of the Executive’s employment becomes effective. With respect to performance stock units held by the Executive where the performance period has not yet been completed, the number of performance stock units will be determined after the completion of the performance period based o...
View SourceView Similar (2)
Obligations Which Survive Termination. The termination of the term of this Agreement shall not relieve Consultant of (a) its liability under the indemnification provisions in Article VI, (b) its obligations under Section 5.1, or (c) any other obligations that would reasonably be expected to survive termination of this Agreement. In addition, the Parties’ respective rights to bring claims arising in connection with the statements and obligations set forth in this Agreement shall survive any termination of the term of this Agreement.
View Source
Obligations Which Survive Termination. Each party recognizes and agrees that its obligations under Sections 5, 6, 17, 19, 21.4, 22, 23, 24, 27,39 and 50 of this Agreement survive the cancellation, termination or expiration of this Agreement for any reason. These same Sections shall apply for the duration of Customer's use of Software licensed under the License granted in Section 3 hereof.
View Source
Obligations Which Survive Termination. The parties recognize and agree that their obligations under Sections 2, 5 and 9 of this Agreement survive the cancellation, termination, or expiration of this Agreement.
View Source
Obligations Which Survive Termination. Nothing in the foregoing provisions of this Article 2 shall be deemed to release the Company from any obligations which the Company may have with respect to the payment to the Executive of any benefits that the Executive is entitled to receive under the terms of the Gibraltar 401(k) Plan or any benefits that the Executive is entitled to receive under the terms of any other tax qualified retirement plan, any disability benefits plan or any life insurance plan which may be maintained by the Company. In addition, nothing in the foregoing provisions of this Article 2 shall be deemed to release the Company from any obligations which the Company has to provide Continuation Coverage to the Executive as required by the applicable provisions of ERISA and the Code.
View Source
Obligations Which Survive Termination. (a) Nothing in this Agreement shall be deemed to limit the Executive’s rights to receive or the obligation of the Company to pay or provide for the Executive and his beneficiaries any retirement or other benefits accrued by the Executive at any time under the terms of any retirement plans maintained by the Company which are subject to the requirements of ERISA or otherwise intended to satisfy the requirements of Section 401 of the Code. In addition, notwithstanding anything to the contrary contained in this Agreement, in the event that the Executive’s employment is terminated, for any reason whatsoever, the Company shall continue to be obligated to pay the Executive the full amount accrued for his benefit under the terms of the Gibraltar 401(k) Restoration Plan.
View Source
Obligations Which Survive Termination. (a) Nothing in this Agreement shall be deemed to limit the Executive's rights to receive or the obligation of the Company to pay or provide for the Executive and his beneficiaries any benefits accrued by the Executive at any time under the terms of the Company’s 401(k) plan. In addition, nothing in this Agreement shall be deemed to limit the right of the Executive or the Executive’s spouse to receive continuation coverage under the applicable provisions of the Consolidated Omnibus Budget Reconciliation Act (“COBRA”). (a) In the event the Executive’s employment with the Company is terminated due to his Retirement or, if earlier, due to his suffering of a Total and Permanent Disability, for each calendar month beginning with the month of March, 2017, in the case of the Executive’s Retirement, or, in the case the Executive’s employment is terminated due to his suffering of a Total and Permanent Disability, beginning with the first calendar month following the date the Executive’s employment is terminated due to his suffering of a Total and Permanent Disability, and ending with the month of December, 2017, the Executive shall, subject to the following provisions of this Section 6.03(b), be entitled to payment from the Company of the amount by which the monthly premium payable by the Executive to receive COBRA continuation coverage with respect to the group medical insurance coverage which was in effect for the Executive immediately prior to the termination of his employment exceeds the monthly amount which the Executive was required to pay to the Company to maintain such group medical insurance coverage for the calendar month immediately preceding the date the Executive’s employment is terminated (such amount, adjusted, if applicable, pursuant to Section 6.03(c) below in the case of the death of the Executive, being hereinafter the “Monthly Supplemental Payment” and the aggregate amount of the Monthly Supplemental Payments which the Executive would be entitled to receive from the Company for the period described in this sentence being hereinafter the “Supplemental Payment”). In the event that the Executive’s employment is terminated due to his death, beginning with the first calendar month following the calendar month in which the Executive’s death occurs, and continuing through the month of December, 2017, the Company shall pay to the Executive’s spouse, an amount equal to the Supplemental payment, adjusted in the manner provided for by Section 6.03(c) below....
View Source

Related to Obligations Which Survive Termination

  • OBLIGATIONS SURVIVE TERMINATION OF EMPLOYMENT Executive agrees that any and all of Executive’s obligations under this Agreement, including but not limited to Exhibits B and C, shall survive the termination of employment and the termination of this Agreement.

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be eff ected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity an d up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of t he ESC Region 8 and TIPS. Does vendor agree? Yes

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be effected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity and up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of the ESC Region 8 and TIPS. Does vendor agree? Yes

  • Termination in the Event of Death or Disability This Agreement shall terminate in the event of death or disability of Executive. (a) In the event of Executive's death, Ceridian shall pay an amount equal to 12 months of Base Salary at the rate in effect at the time of Executive's death plus the amount Executive would have received in annual incentive plan bonus for the year in which the death occurs had "target" goals been achieved. Such amount shall be paid (1) to the beneficiary or beneficiaries designated in writing to Ceridian by Executive, (2) in the absence of such designation to the surviving spouse, or (3) if there is no surviving spouse, or such surviving spouse disclaims all or any part, then the full amount, or such disclaimed portion, shall be paid to the executor, administrator or other personal representative of Executive's estate. The amount shall be paid as a lump sum as soon as practicable following Ceridian's receipt of notice of Executive's death. All such payments shall be in addition to any payments due pursuant to Section 4.04(c) below. (b) In the event of Executive's disability, Base Salary shall be terminated as of the end of the month in which the last day of the six-month period of Executive's inability to perform his or her duties occurs. (c) In the event of termination by reason of Executive's death or disability, Ceridian shall pay to Executive any amount equal to (1) the amount Executive would have received in annual incentive plan bonus for the year in which termination occurs had "target" goals been achieved, multiplied by (2) a fraction, the numerator of which shall be the number of whole months Executive was employed in the year in which the death or disability occurred and the denominator of which is 12. The amount payable pursuant to this Section 4.04(c) shall be paid within 15 days after the date such bonus would have been paid had Executive remained employed for the full fiscal year.

  • Termination of Contract for Cause 5.1.1 If A-E breaches any of the covenants or conditions of this CONTRACT, COUNTY shall have the right to terminate this CONTRACT upon ten (10) days written notice prior to the effective day of termination. 5.1.2 A-E shall have the opportunity to cure the alleged breach prior to termination. 5.1.3 In the event the alleged breach is not cured by A-E prior to termination, all work performed by A-E pursuant to this CONTRACT, which work has been reduced to plans or other documents, shall be made available to COUNTY.