Common use of By Corporation Clause in Contracts

By Corporation. WITHOUT CAUSE OR BY EXECUTIVE FOR GOOD REASON. Upon termination of the Executive's employment pursuant to SECTION 5.1(D) OR (F), the Executive shall be entitled to the following severance benefits: (i) twelve (12) months' Base Salary at the then current rate, to be paid upon the date of termination of employment in monthly installments, less withholding of all applicable taxes; (ii) continued provision for a period of twelve (12) months after the date of termination of the benefits under Benefit Plans extended from time to time by the Corporation to its senior executives; and (iii) payment on a prorated basis of any bonus or other payments earned in connection with any bonus plan to which the Executive was a participant as of the date of the Executive's termination of employment.

By Corporation. WITHOUT CAUSE OR BY EXECUTIVE FOR GOOD REASON. Upon termination of the Executive's employment pursuant to SECTION 5.1(D5.1(d) OR or (Ff), the Executive shall be entitled to the following severance benefits: (i) twelve (12) months' Base Salary at the then current rate, to be paid upon the date of termination of employment in monthly installments, less withholding of all applicable taxes; (ii) continued provision for a period of twelve (12) months after the date of termination of the benefits under Benefit Plans extended from time to time by the Corporation to its senior executives; and (iii) payment on a prorated basis of any bonus or other payments earned in connection with any bonus plan to which the Executive was a participant as of the date of the Executive's termination of employment.