Common use of Base Salary Continuation Clause in Contracts

Base Salary Continuation. The Company shall continue to pay to Executive his then-current base annual salary for a period of twelve (12) months (the “Salary Continuation Period”). Such salary continuation shall be subject to standard deductions and withholdings and shall be payable in regular periodic payments in accordance with Company payroll policy. The Company may discontinue such salary continuation in the event that Executive breaches any of the provisions of Sections 6 or 7.

Appears in 4 contracts

Samples: Employment Agreement (Global Cash Access Holdings, Inc.), Employment Agreement (Global Cash Access Holdings, Inc.), Employment Agreement (Global Cash Access Holdings, Inc.)

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Base Salary Continuation. The Company shall continue to pay to Executive his then-current base annual salary for a period of twelve (12) months (the “Salary Continuation Period”). Such salary continuation shall be subject to standard deductions and withholdings and shall be payable in regular periodic payments in accordance with Company payroll policypolicy commencing with the first payroll date occurring on or after the 60th day following the date of termination. The Company may discontinue such salary continuation in the event that Executive breaches any of the provisions of Sections 6 or 7.

Appears in 1 contract

Samples: Employment Agreement (Global Cash Access Holdings, Inc.)

Base Salary Continuation. The Company shall continue to pay to Executive his then-current base annual salary for a period of twelve (12) months (the “Salary Continuation Period”)following his termination. Such salary continuation shall be subject to standard deductions and withholdings and shall be payable in regular periodic payments in accordance with Company payroll policy. The Company may discontinue such salary continuation in the event that Executive breaches any of the provisions of Sections 6 or 7.

Appears in 1 contract

Samples: Employment Agreement (GCA Holdings, Inc.)

Base Salary Continuation. The Company shall continue to pay to Executive his her then-current base annual salary for a period of twelve (12) months (the “Salary Continuation Period”)following her termination. Such salary continuation shall be subject to standard deductions and withholdings and shall be payable in regular periodic payments in accordance with Company payroll policy. The Company may discontinue such salary continuation in the event that Executive breaches any of the provisions of Sections 6 or 7.

Appears in 1 contract

Samples: Employment Agreement (Global Cash Access, Inc.)

Base Salary Continuation. The Company Executive shall continue to pay to Executive his then-current base annual salary receive continuation of Base Salary for a period of twelve (12) months (following the “Salary Continuation Period”)date of a Covered Termination. Such salary continuation payments shall be subject to standard deductions and withholdings and shall be payable in regular periodic payments made in accordance with standard Company payroll policy. The practices or such shorter period as determined by the Company may discontinue such salary continuation in the event that Executive breaches any of the provisions of Sections 6 or 7its sole discretion.

Appears in 1 contract

Samples: Control Severance Benefits Agreement (Continuus Software Corp /Ca)

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Base Salary Continuation. The Company shall continue to pay to Executive his then-current Continuation of Executive’s then applicable annualized base annual salary for a period of twelve (12) months following the Date of Termination (the “Salary Continuation Severance Period”). Such salary continuation shall Base Salary Continuation payments will be made in approximately equal installments according to the Company’s then-current payroll practices (except as otherwise provided below in the case of amounts that are subject to standard deductions and withholdings and shall be payable in regular periodic payments in accordance with Company payroll policy. The Company may discontinue such salary continuation in the event that Executive breaches any of the provisions of Sections 6 or 7a prior deferral election).

Appears in 1 contract

Samples: Severance Agreement (Analogic Corp)

Base Salary Continuation. The Company shall continue to pay to Executive his then-current base annual salary for a period of twelve (12) months (the “Salary Continuation Period”)months. Such salary continuation shall be subject to standard deductions and withholdings and shall be payable in regular periodic payments in accordance with Company payroll policy. The Company may discontinue such salary continuation in the event that Executive breaches any of the provisions of Sections 6 or 7.

Appears in 1 contract

Samples: Employment Agreement (Global Cash Access, Inc.)

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