Common use of Termination During a Post-Disaggregation Period Clause in Contracts

Termination During a Post-Disaggregation Period. Outplacement. To the extent actually incurred by Executive, the Company shall pay or cause to be paid on behalf of Executive, as incurred, all reasonable fees and costs charged by a nationally recognized outplacement firm selected by the Executive for outplacement services provided up to 12 months after the Termination Date. No cash shall be paid in lieu of such fees and costs.

Appears in 2 contracts

Sources: Change in Control Employment Agreement, Change in Control Employment Agreement (Commonwealth Edison Co)

Termination During a Post-Disaggregation Period. Outplacement. To the extent actually incurred by Executive, the Company shall pay or cause to be paid on behalf of Executive, as incurred, all reasonable fees and costs charged by a nationally recognized outplacement firm selected by the Executive for outplacement services provided up to 12 months after the Termination Date. No cash shall be paid in lieu of such fees and costs.

Appears in 1 contract

Sources: Employment Agreement (Exelon Corp)