Common use of Out Placement Assistance Clause in Contracts

Out Placement Assistance. The Company will pay up to $15,000 for out placement counseling to you. Such payments will be made either directly to the counselor or to you within thirty (30) days after presentation of an invoice for services rendered or to be rendered but no later than 12 months from the date services were rendered. No payment shall be made for services rendered more than two years after the Date of Termination and this benefit shall not be subject to liquidation or exchange for another benefit.