CHANGE OF CONTROL SEVERANCE PLAN definition
Examples of CHANGE OF CONTROL SEVERANCE PLAN in a sentence
If such termination of employment occurs following a Change of Control and after the second anniversary of the Effective Date, the Accrued Rights, but without further payments or benefits hereunder, however, Executive shall be entitled (albeit without duplication of amounts payable in respect of the Accrued Rights) to be covered by the Company's Change of Control Severance Pay Plan, substantially in the form of Exhibit B (the "NEW CHANGE OF CONTROL SEVERANCE PLAN").
ANY ADVICE IN THIS PLAN WAS WRITTEN TO SUPPORT THE PROMOTION OR MARKETING OF PARTICIPATION IN THE COMPANY’S CHANGE OF CONTROL SEVERANCE PLAN.
IN THE EVENT THAT EXECUTIVE'S EMPLOYMENT IS TERMINATED WITHIN THE TIME PERIOD AND UNDER CONDITIONS GIVING RISE TO THE PAYMENT OF SEVERANCE BENEFITS UNDER THE KEYSPAN ENERGY SENIOR EXECUTIVE CHANGE OF CONTROL SEVERANCE PLAN ("SEVERANCE PLAN"), AS WELL AS THE PAYMENT OF SEVERANCE BENEFITS UNDER SECTIONS 3.3 AND 4.4 OF THIS AGREEMENT, THE EXECUTIVE SHALL BE ENTITLED TO SEVERANCE BENEFITS UNDER THE SEVERANCE PLAN OR UNDER SEVERANCE BENEFITS IN THIS AGREEMENT, WHICHEVER BENEFITS ARE GREATER.