Tyson Foods 2015 Annual Report Download - page 114
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Please find page 114 of the 2015 Tyson Foods annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Exhibit 10.17
(iv)yourintentionalorwillfulviolationofanyrestrictivecovenantprovidedforunderSection6ofthisAgreementor
anyotheragreementtowhichyouareaparty.
For purposes of this Agreement an act or failure to act shall be considered “willful” only if done or omitted to be done
withoutyourgoodfaithreasonablebeliefthatsuchactorfailuretoactwasinthebestinterestsofTyson.InnoeventshallTyson’s
failuretonotifyyouoftheoccurrenceofanyeventconstitutingCause,ortoterminateyouasaresultofsuchevent,beconstruedas
aconsenttotheoccurrenceoffutureevents,whetherornotsimilartotheinitialoccurrence,orawaiverofTyson’srighttoterminate
youforCauseasaresultthereof.
(f)TerminationbyTysonwithoutCause.TysonmayterminateyouremploymenthereunderwithoutCauseatanytime
uponnoticetoyou.
4.CompensationFollowingTerminationofEmployment.Intheeventthatyouremploymenthereunderisterminatedina
mannerassetforthinSection3above,youshallbeentitledtothecompensationandbenefitsprovidedunderthisSection4.
(a) Termination Due to Death, Disability, Voluntary Termination without Good Reason or Termination for Cause by
Tyson.Intheeventthatyouremploymentisterminatedbyreasonofdeath,Disability,voluntaryterminationbyyouwithoutGood
ReasonorforCausebyTyson,Tysonshallpaythefollowingamountstoyouoryourestate:
(i)Any accrued but unpaid base salary for services rendered to the Termination Date, any accrued but unpaid
expenses required to be reimbursed under this Agreement, and any vacation accrued to the Termination Date
(“AccruedCompensation”);and
(ii) Any benefits accrued through the date of termination to which you may be entitled pursuant to the plans,
policies and arrangements, as determined and paid in accordance with the terms of such plans, policies and
arrangements(“PlanBenefits”).
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