Common use of Outplacement and Financial Planning Clause in Contracts

Outplacement and Financial Planning. The Company shall, at its sole expense as incurred, provide the Executive with reasonable outplacement services, the scope and provider of which shall be 8 selected by the Executive in his sole discretion (but at a cost to the Company of not more than $30,000) for a period of one year. The Company shall also continue to provide the Executive with financial planning counseling benefits through the second anniversary of the date of the Executive's Termination of Employment, on the same terms and conditions as were in effect immediately before the termination. The Executive shall be eligible to seek reimbursement for such benefits up to a fixed dollar amount that is at least equal to the amount in effect for the year before the Executive's Termination of Employment, unless the Company decides a higher amount. Any unused amounts remaining in one year may not be carried over for use in another year. To the extent the Company reimburses the Executive for financial planning expenses incurred pursuant to this paragraph (j), such reimbursement shall occur on or before the last day of the calendar year following the year in which the expense was incurred.

Outplacement and Financial Planning. The Company shall, at its sole expense as incurred, provide the Executive with reasonable outplacement services, the scope and provider of which shall be 8 selected by the Executive in his sole discretion (but at a cost to the Company of not more than $30,000) for a period of one year. The Company shall also continue to provide the Executive with financial planning counseling benefits through the second third anniversary of the date of the Executive's Termination of Employment, on the same terms and conditions as were in effect immediately before the termination. The 8 Executive shall be eligible to seek reimbursement for such benefits up to a fixed dollar amount that is at least equal to the amount in effect for the year before the Executive's Termination of Employment, unless the Company decides a higher amount. Any unused amounts remaining in one year may not be carried over for use in another year. To the extent the Company reimburses the Executive for financial planning expenses incurred pursuant to this paragraph (j), such reimbursement shall occur on or before the last day of the calendar year following the year in which the expense was incurred.

Outplacement and Financial Planning. The Company shall, at its sole expense as incurred, provide the Executive with reasonable outplacement services, the scope and provider of which shall be 8 selected by the Executive in his sole discretion (but at a cost to the Company of not more than $30,000) for a period of one year. The Company shall also continue to provide the Executive with financial planning counseling benefits through the second third anniversary of the date of the Executive's Termination of Employment, on the same terms and conditions as were in effect immediately before the termination. The Executive shall be eligible to seek reimbursement for such benefits up to a fixed dollar amount that is at least equal to the amount in effect for the year before the Executive's Termination of Employment, unless the Company decides a higher amount. Any unused amounts 8 remaining in one year may not be carried over for use in another year. To the extent the Company reimburses the Executive for financial planning expenses incurred pursuant to this paragraph (j), such reimbursement shall occur on or before the last day of the calendar year following the year in which the expense was incurred.