Common use of Continuing Payments Clause in Contracts

Continuing Payments. An amount equal to Executive’s Base Salary payments times 2.9 years. All such payments to be made within 90 days of termination; plus

Appears in 2 contracts

Sources: Employment Agreement (Electric Aquagenics Unlimited Inc), Employment Agreement (Electric Aquagenics Unlimited Inc)

Continuing Payments. An amount equal to Executive’s Base Salary payments times 2.9 yearsto which the Executive would have been entitled for a period of the longer of either the remainder of the Employment Term or 24 months from the date of Executive’s termination, as if such termination had not occurred. All such payments to be made within 90 days of termination; plus

Appears in 1 contract

Sources: Employment Agreement (Electric Aquagenics Unlimited Inc)