Subject to ▇▇ Sample Clauses

Subject to ▇▇. ▇▇▇▇▇▇▇▇▇▇’▇ execution and non-revocation of the Release, the Severance Payments (other than Guaranteed Payments, which are not subject to this condition) shall be paid or commence being paid within 60 days after ▇▇. ▇▇▇▇▇▇▇▇▇▇’▇ separation from service but not earlier than the date on which the Release becomes effective and not in contravention of any delay required by Section 13(f). If, however, the period during which ▇▇. ▇▇▇▇▇▇▇▇▇▇ has discretion to execute and/or revoke the Release straddles two calendar years, the Severance Payments (other than Guaranteed Payments, which are not subject to this condition) shall not be paid or commence being paid, as applicable, before the beginning of the second of the two calendar years, regardless of within which calendar year ▇▇. ▇▇▇▇▇▇▇▇▇▇ actually delivers the executed Release to the Company. Consistent with Section 409A, ▇▇. ▇▇▇▇▇▇▇▇▇▇ may not, directly or indirectly, designate the calendar year of payment.

Subject to ▇▇. ▇▇▇▇▇▇’▇ rights set forth herein, ▇▇. ▇▇▇▇▇▇’▇ employment by the Company is employment “at will” for an indefinite term, and may be terminated on any date at the option of ▇▇. ▇▇▇▇▇▇ or the Company at any time with or without cause or notice, for any reason or no reason at all.

Subject to ▇▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇’▇ input and determination, upon consummation of the Transaction, PCS or Transaction Sub shall offer to employ current employees of the Company as “at-will” employees of PCS or Transaction Sub, in their current capacities, and at their current pay, including participation in the PCS benefit package (generally available to the employees of PCS) for the twelve (12) months following Closing.

Subject to ▇▇. ▇▇▇▇▇▇▇▇▇▇’▇ compliance with the terms and conditions of this Agreement, Whirlpool agrees that the second tranche of the restricted stock unit grant made to ▇▇. ▇▇▇▇▇▇▇▇▇▇ on February 14, 2011 shall not be forfeited upon Venturelli’s retirement from Whirlpool, but shall continue to vest in accordance with the terms of the grant, until vesting on February 14, 2018 and distribution as soon thereafter as reasonably possible. Nothing in this agreement will affect the terms applicable to any of ▇▇. ▇▇▇▇▇▇▇▇▇▇’▇ other stock awards, each of which shall continue to be governed by the terms of the plan and, if applicable, agreement, under which it was issued.

Subject to ▇▇. ▇▇▇▇▇▇▇▇▇▇▇'▇ continuation election and eligibility for COBRA continuation coverage under the terms of NTC's group health insurance plans, the Company will deduct ▇▇. ▇▇▇▇▇▇▇▇▇▇▇'▇ monthly insurance premiums for January, February and March 2003 from the respective Consulting Fees otherwise payable to ▇▇. ▇▇▇▇▇▇▇▇▇▇▇ for those months. Thereafter, ▇▇. ▇▇▇▇▇▇▇▇▇▇▇ will be responsible for tendering her own monthly insurance premium payments pursuant to COBRA.

Subject to ▇▇. ▇▇▇▇▇▇▇▇ executing the general release of claims attached hereto as Annex A (the “Release”), and any applicable revocation period expiring, within 60 days following the date hereof, a lump amount equal to US$1,784,787 (representing ▇▇. ▇▇▇▇▇▇▇▇’▇ 2010 annual bonus and all severance amounts payable to ▇▇. ▇▇▇▇▇▇▇▇), such amount to be payable within ten days following the expiration of the revocation period with respect to the executed Release;

Subject to ▇▇. ▇▇▇’▇ completing the Term and paragraph 8.8, and provided he has not: (a) been terminated for cause; or (b) resigned his appointment as a Professor after being terminated without cause, ▇▇. ▇▇▇ will be entitled to a one (1) year leave of absence from his duties as President and Professor (the “Leave of Absence”) in order to support his career renewal and professional development according to a plan of mutual benefit to ▇▇. ▇▇▇ and UBC. He will report to the Board chair about activities during the leave of absence. For the period of the leave, UBC will pay ▇▇. ▇▇▇ his salary in effect as President as well as the benefits defined in paragraphs 9.1 and 9.2.

Subject to ▇▇. ▇▇▇▇’▇ full execution (without revocation) of this Agreement, the Employer shall provide ▇▇. ▇▇▇▇ with (i) the payments described in Section 8(d)(i) and (ii) of the Employment Agreement, which will be paid in the manner described therein, and (ii) a gross lump sum payment of $25,000, which will be paid within thirty (30) days of the full execution (without revocation) of this Agreement. For the avoidance of doubt, no payment under this Paragraph 2 will be made until after the seven day Revocation Period, as defined in Paragraph 13 of this Agreement has expired without ▇▇. ▇▇▇▇ revoking her acceptance of this Agreement. No payment will be made if ▇▇. ▇▇▇▇ revokes her acceptance of this Agreement during the Revocation Period. ▇▇. ▇▇▇▇ acknowledges and agrees that, other than the payment of Accrued Obligations and the amounts described in this Section 2 of the Agreement, she is not entitled to any other wages, bonuses, compensation, equity or benefits under the Employment Agreement, or otherwise. The amounts payable under this Section 2 shall be subject to all applicable payroll and withholding taxes.

Subject to ▇▇. ▇▇▇▇▇▇’▇ compliance with the terms and conditions of this Agreement, Whirlpool agrees that the third tranche of the career stock grant made to ▇▇. ▇▇▇▇▇▇ on July 1, 1995 and the third tranche of the career stock grant made to ▇▇. ▇▇▇▇▇▇ on June 19, 2007 shall not be forfeited on the date of ▇▇. ▇▇▇▇▇▇’▇ retirement from Whirlpool, but shall continue to accrue dividend equivalents in accordance with the terms of the grant, until vesting on September 10, 2017 and distribution as soon thereafter as reasonably possible. Nothing in this agreement will affect the terms applicable to the vested tranches of ▇▇. ▇▇▇▇▇▇’▇ career stock awards or any of his other awards, each of which shall continue to be governed by the terms of the plan and, if applicable, agreement, under which it was issued.