Example ContractsClausesconditions to receipt of severance benefitsVariants
Conditions to Receipt of Severance Benefits
Conditions to Receipt of Severance Benefits contract clause examples

•Executive Severance Plan (ESP): You will be eligible to participate in the Tenet ESP, which provides certain severance benefits in the event of a Qualifying Termination (as defined in the ESP). To participate, you must sign and return a separate agreement that our executive benefits team will provide after your start date. Your “Severance Period” for purposes of your “Severance Benefits Not Related to a Change of Control” under the ESP will be 9 months and your “Severance Period” for purposes of your “Severance Benefits Related to a Change of Control” under the ESP will be 2 years. Once you fully relocate your primary residence to the Dallas, TX area by September 1, 2025, your “Severance Period” for purposes of your “Severance Benefits Not Related to a Change of Control” under the ESP will increase to 18 months and your “Severance Period” for purposes of your “Severance Benefits Related to a Change of Control” under the ESP will continue to be 2 years.

•Executive Severance Plan (ESP): You will continue to be eligible for the Tenet ESP which provides 18 months of certain benefits in the event of a Qualifying Termination as defined in the Plan. To participate, you must sign and return a separate agreement that our executive benefits team will provide after your promotion start date.

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