Common use of Amount of Severance Payment Clause in Contracts

Amount of Severance Payment. Subject to the provisions of this Section 3, in addition to any Base Salary and unreimbursed expenses accrued but unpaid as of the Termination Date (which shall be paid in accordance with the customary payroll practices of the Company), the Company shall pay Employee (the “Severance Payment”) the following:

Appears in 3 contracts

Samples: Employment Agreement (Cornerworld Corp), Employment Agreement (Woodland Holdings Corp), Employment Agreement (Cornerworld Corp)

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Amount of Severance Payment. Subject to the provisions of this Section 3, in addition to any Base Salary and unreimbursed expenses accrued but unpaid as of the Termination Date (which shall be paid in accordance with the customary payroll practices of the Company), the Company shall pay Employee (the "Severance Payment") the following:

Appears in 2 contracts

Samples: Employment Agreement (Cornerworld Corp), Employment Agreement (Cornerworld Corp)

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