Common use of Compensation Payable Clause in Contracts

Compensation Payable. Should your employment with Universal terminate, you will be entitled to the amounts and benefits shown on the following table, subject to Paragraphs 4(b) through 4(e). In the event of such termination, and except for payments noted in this Paragraph 4, Universal will have no further obligations to you under this Agreement. ---------------------------------------------------------------------------------------------------- Termination Involuntary For Cause Termination Disability Death ---------------------------------------------------------------------------------------------------- (1) any Same as for Your Base Salary will Payment of (1) any accrued accrued but unpaid termination for continue until the but unpaid Base Salary due Base Salary due you Cause except that earliest of (1) the you through your date of through termination, your Base Salary 180th day following the death, and (2) other and (2) other unpaid and benefits start of your disability unpaid amounts then due amounts then due you (other than absence, or (2) your you under Company benefit under Company benefit benefits provided death and will be plans or programs, except plans or programs. under (1) any plan reduced by other that those payments will qualified under Company-provided be made to your estate or Section 401(a) of disability benefits legal representative, and the Internal available to you. your death benefits Revenue Code, (2) Payment of (1) any payable due to your death any nonqualified accrued but unpaid Base under Company employee pension plan and Salary due you through benefit plans or programs (3) any stock or termination, and (2) will also be paid. incentive based other unpaid amounts plan) will also then due you under continue through Company benefit plans or the expiration of programs. the Term, provided you meet the requirements in Paragraph 5 and subject to the terms and conditions of each benefit plan. ----------------------------------------------------------------------------------------------------

Compensation Payable. Should your employment with Universal -------------------- terminate, you will be entitled to the amounts and benefits shown on the following table, subject to Paragraphs Paragraph 4(b) through 4(e). In the event of such termination, and except for payments noted in this Paragraph 4, Universal will have no further obligations to you under this Agreement. ---------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Termination Involuntary Disability Death For Cause Termination Disability Death ---------------------------------------------------------------------------------------------------- (1) any -------------------------------------------------------------------------------- Payment of Same as for Your Base Salary will Payment of (1) any accrued (1) any termination will continue accrued but unpaid termination accrued but for continue Cause until the but unpaid Base Salary due Base Salary due you Cause unpaid except that earliest of (1) the you through your Base Salary your Base the 180th day date of death, and due you Salary and following the (2) other unpaid through benefits start of your amounts then due termination, your Base Salary 180th day following the death, (other than disability you under Company and (2) other and (2) other unpaid and benefits start of your disability unpaid amounts then due amounts then due you (other than absence, or (2) benefit plans or unpaid provided your you under Company benefit under Company benefit benefits provided death and will be plans or programs, except plans or programs. amounts then under (1) any will be reduced that those due you under plan reduced by other that those payments will be Company qualified under Company-provided be made to your benefit plans under Section disability estate or Section legal or programs. 401(a) of disability the benefits legal representative, and the Internal available to you. and your death benefits Revenue Code, you. Payment of benefits payable (2) Payment of any (1) any payable accrued due to your death any nonqualified accrued but unpaid Base under Company employee pension plan and Salary due you through employee benefit plans or programs and (3) any through plans or programs stock or termination, and (2) will also be paid. incentive based (2) other unpaid amounts based plan) amounts then due will also then due you under continue through Company benefit through the plans or the expiration of programs. the Term, provided you meet the requirements in Paragraph 5 and subject to the terms and conditions of each benefit plan. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Compensation Payable. Should your employment with Universal terminate, you will be entitled to the amounts and benefits shown on the following table, subject to Paragraphs 4(b) through 4(e4(f). In the event of such termination, and except for payments noted in this Paragraph 44 in general and 4(f) in particular if applicable, Universal will have no further obligations to you under this Agreement. ---------------------------------------------------------------------------------------------------- Termination Involuntary For Cause Termination Involuntary Disability Death Termination ---------------------------------------------------------------------------------------------------- (1) any Same as for Your Base Salary will Same as for termination Payment of (1) any accrued accrued but unpaid termination for continue until the for Cause except that but unpaid Base Salary due Base Salary due you Cause except that earliest of (1) the your Base Salary will you through your date of through termination, your Base Salary 180th day following continue until the death, and (2) other a pro-rata and (2) other unpaid and benefits start earliest of (1) the portion of your disability unpaid amounts then due bonus for amounts then due you (other than absence, or (2) 180th day following the the year of your you under Company benefit under Company benefit benefits provided death start of your disability termination and will be plans or programs, except (3) other plans or programs. under (1) any plan absence, or (2) your unpaid amounts then due qualified under death and will be you under Company benefit Section 401(a) of reduced by other plans or programs, except the Internal Company-provided that those payments will qualified under Company-provided Revenue Code, (2) disability benefits be made to your estate or Section 401(a) of disability benefits any nonqualified available to you. legal representative, and the Internal available to you. pension plan and Payment of a pro-rata your death benefits Revenue Code, (2) Payment of (1) any payable due to your death any nonqualified accrued but unpaid Base under Company employee pension plan and Salary due you through benefit plans or programs (3) any stock or portion of your bonus payable due to your death incentive based for the year of your under Company employee plan) will also termination, and (2) . benefit plans or programs continue through will also be paid. incentive based other unpaid amounts plan) will also then due you under continue through Company benefit plans or the expiration of programs. the Term, provided you meet the requirements in Paragraph 5 and subject to the terms and conditions of each benefit plan. ----------------------------------------------------------------------------------------------------

Compensation Payable. Should your employment with Universal terminate, you will be entitled to the amounts and benefits shown on the following table, subject to Paragraphs 4(b) through 4(e). In the event of such termination, and except for payments noted in this Paragraph 4, Universal will have no further obligations to you under this Agreement. ---------------------------------------------------------------------------------------------------- Termination Involuntary For Cause Termination Involuntary Disability Death Termination ---------------------------------------------------------------------------------------------------- (1) any Same as for Your Base Salary will Same as for termination Payment of (1) any accrued accrued but unpaid termination for continue until the for Cause except that but unpaid Base Salary due Base Salary due you Cause except that earliest of (1) the your Base Salary will you through your date of through termination, your Base Salary 180th day following continue until the death, and (2) other and (2) other unpaid and benefits start earliest of your disability (1) the unpaid amounts then due amounts then due you (other than absence, or (2) your 180th day following the you under Company benefit under Company benefit benefits provided death and will be start of your disability plans or programs, except plans or programs. under (1) any plan reduced by other absence, or (2) your that those payments will plan qualified under Company-provided death and will be be made to your estate or under Section 401(a) of disability benefits reduced by other legal representative, and 401(a) of the Internal available to you. Company-provided your death benefits Internal Revenue disability benefits payable due to your death Code, (2) Payment of (1) any payable due available to your death any nonqualified accrued but unpaid Base you. under Company employee pension plan and Salary due you through nonqualified benefit plans or programs pension plan and will also be paid. (3) any stock or termination, and (2) will also be paid. incentive based other unpaid amounts plan) will also then due you under continue through Company benefit plans or the expiration of programs. the Term, provided you meet the requirements in Paragraph 5 and subject to the terms and conditions of each benefit plan. ----------------------------------------------------------------------------------------------------