Common use of Compensation and Benefits Upon Termination Clause in Contracts

Compensation and Benefits Upon Termination. (a) If Executive’s employment is terminated by reason of death or Disability, the Company shall pay Executive’s Base Salary, at the rate then in effect, in accordance with the payroll policies of the Company, through the date of such termination (in the event of Executive’s death, the payments will be made to Executive’s beneficiaries or legal representatives) and Executive shall not be entitled to any further Base Salary or any applicable bonus, benefits or other compensation for that year or any future year, except as may be provided in Sections 5(d) or (e) below or an applicable benefit plan or program, or to any severance compensation of any kind, nature or amount.

Appears in 9 contracts

Samples: Executive Employment Agreement (GameStop Corp.), Executive Employment Agreement (GameStop Corp.), Executive Employment Agreement (GameStop Corp.)

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Compensation and Benefits Upon Termination. (a) If Executive’s employment is terminated by reason of death or Disability, the Company shall pay Executive’s Base Salary, at the rate then in effect, in accordance with the payroll policies of the Company, through the date of such termination Executive’s death or Disability (in the event of Executive’s death, the payments will be made to Executive’s beneficiaries or legal representatives) and Executive shall not be entitled to any further Base Salary or any applicable bonus, benefits or other compensation for that year or any future year, except as may be provided in Sections 5(d) or (e) below or an applicable benefit plan or program, or to any severance compensation of any kind, nature or amount.

Appears in 7 contracts

Samples: Executive Employment Agreement (GameStop Corp.), Executive Employment Agreement (GameStop Corp.), Executive Employment Agreement (GameStop Corp.)

Compensation and Benefits Upon Termination. (a) If Executive’s employment is terminated by reason of death or Disability, the Company shall pay Executive’s Base Salary, at the rate then in effect, in accordance with the payroll policies of the Company, through the date of such termination (in the event of Executive’s death, the payments will be made to Executive’s beneficiaries or legal representatives) and Executive shall not be entitled to any further Base Salary or any applicable bonus, benefits or other compensation for that year or any future year, except as may be provided in Sections 5(d8(d) or (e) below or an applicable benefit plan or program, or to any severance compensation of any kind, nature or amount.

Appears in 3 contracts

Samples: Executive Employment Agreement (GameStop Corp.), Executive Employment Agreement (GameStop Corp.), Executive Employment Agreement (GameStop Corp.)

Compensation and Benefits Upon Termination. (a) a. If Executive’s employment is terminated by reason of death or Disability, the Company shall pay Executive’s Base Salary, at the rate then in effect, in accordance with the payroll policies of the Company, through the date of such termination Executive’s death or Disability (in the event of Executive’s death, the payments will be made to Executive’s beneficiaries or legal representatives) and Executive shall not be entitled to any further Base Salary or any applicable bonus, benefits or other compensation for that year or any future year, except as may be provided in Sections 5(d) or (e) below or an applicable benefit plan or program, or to any severance compensation of any kind, nature or amount.

Appears in 1 contract

Samples: Executive Employment Agreement (GameStop Corp.)

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Compensation and Benefits Upon Termination. (a) If Executive’s employment is terminated by reason of death or Disability, the Company shall pay Executive’s Base Salary, at the rate then in effect, and the Guaranteed Bonus (if not previously paid) in accordance with the payroll policies of the Company, through the date of such termination Executive’s death or Disability (in the event of Executive’s death, the payments will be made to Executive’s beneficiaries or legal representatives) and Executive shall not be entitled to any further Base Salary or any applicable bonus, benefits or other compensation for that year or any future year, except as may be provided in Sections 5(d) or (e) below or an applicable benefit plan or program, or to any severance compensation of any kind, nature or amount.

Appears in 1 contract

Samples: Executive Employment Agreement (GameStop Corp.)

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