Payments on Termination of Employment Sample Clauses

Payments on Termination of Employment. (a) Termination of Employment for any Reason. The following payments ---------------------------------------- will be made upon the Executive's termination of employment for any reason:
AutoNDA by SimpleDocs
Payments on Termination of Employment. (a) If the Executive's employment is terminated as a result of Termination Without Cause, the Corporation shall (subject to the Executive's obligations contained herein):
Payments on Termination of Employment. (a) Termination by Company for Cause or Executive'
Payments on Termination of Employment. 8.1 If the employment of the Executive is terminated for retirement or resignation, pursuant to section 7.1 (a), the Executive will receive payment for Salary, earned but unpaid incentive bonus, and accrued but unused vacation owing on the Date of Termination.
Payments on Termination of Employment. (a) If your employment terminates for any reason, the Company shall pay to you (i) the portion of your Base Salary and paid time off, if any, accrued and unpaid through the date of termination of your employment and (ii) any annual bonus earned for the prior fiscal year (i.e., for the fiscal year prior to the fiscal year in which your termination occurs) pursuant to Section 2 hereof, if any, which has not been previously paid. The amounts payable to you pursuant to the preceding sentence will be paid to you at such times as you would have otherwise been entitled to receive such amounts had your employment not been terminated (determined in accordance with the Company’s payroll practices at the time of termination). You shall also be entitled to elect to purchase benefits under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”) from the Company and/or its provider on the same terms made available to other former employees of the Company.
Payments on Termination of Employment 

Related to Payments on Termination of Employment

  • Compensation Upon Termination of Employment If the Executive’s employment hereunder is terminated, in accordance with the provisions of Article III hereof, and except for any other rights or benefits specifically provided for herein to be effective following the Executive’s period of employment, the Company will provide compensation and benefits to the Executive only as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.