Common use of Base Salary and Deferred Compensation Clause in Contracts

Base Salary and Deferred Compensation. (as defined in Section 3(a)), at the rate and payable at Executive's option (or the option of Executive's estate) within sixty (60) days in a lump sum payment or such longer period of time as Executive shall determine.

Appears in 2 contracts

Samples: Employment Agreement (HCC Insurance Holdings Inc/De/), Employment Agreement (HCC Insurance Holdings Inc/De/)

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Base Salary and Deferred Compensation. (as defined in Section 3(a)), at the rate and payable at Executive's ’s option (or the option of Executive's ’s estate) within sixty (60) days in a lump sum payment or such longer period of time as Executive shall determine.

Appears in 2 contracts

Samples: Employment Agreement (HCC Insurance Holdings Inc/De/), Employment Agreement (HCC Insurance Holdings Inc/De/)

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