Common use of COMPENSATION AND BENEFITS FOLLOWING TERMINATION OF EMPLOYMENT Clause in Contracts

COMPENSATION AND BENEFITS FOLLOWING TERMINATION OF EMPLOYMENT. 5.1 If Employee's employment is terminated pursuant to Section 4.1 (death), Section 4.2 (Disability), Section 4.3 (by Employee upon 30 days' notice), or Section 4.4 (by the -6- Execution Version Company For Cause), Employee shall be entitled to salary accrued through the date of termination, any bonus that has been awarded by the Board and communicated to Employee prior to the date of termination, and no other benefits other than as required under the terms of employee benefit plans in which Employee was participating as of the date of termination.

Appears in 3 contracts

Samples: Employment Agreement (Signature Eyewear Inc), Employment Agreement (Signature Eyewear Inc), Employment Agreement (Signature Eyewear Inc)

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COMPENSATION AND BENEFITS FOLLOWING TERMINATION OF EMPLOYMENT. 5.1 If Employee's employment is terminated pursuant to Section 4.1 (death), Section 4.2 (Disability), Section 4.3 (by Employee upon 30 days' notice), or Section 4.4 (by the -6- Execution Version Company For Cause), Employee shall be entitled to salary accrued through the date of termination, any bonus that has been awarded by the Board and communicated to Employee prior to the date of termination, and no other benefits other than as required under the terms of employee benefit plans in which Employee was participating as of the date of termination.

Appears in 1 contract

Samples: Employment Agreement (Signature Eyewear Inc)

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COMPENSATION AND BENEFITS FOLLOWING TERMINATION OF EMPLOYMENT. 5.1 If Employee's ’s employment is terminated pursuant to Section 4.1 (death), ) or Section 4.2 (Disabilitydisability), Section 4.3 (by Employee upon 30 days' ’ notice), or Section 4.4 (by the -6- Execution Version Company For Cause), Employee shall be entitled to salary accrued through the date of termination, any bonus that has been awarded by the Board and communicated to Employee prior to the date of termination, termination and no other benefits other than as required under the terms of employee benefit plans in which Employee was participating as of the date of termination.

Appears in 1 contract

Samples: Employment Agreement (iTech Medical, Inc.)

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