Common use of Date of Payment Clause in Contracts

Date of Payment. The amount provided for in Section 3.1 shall be paid in a single lump sum cash payment within ten (10) days after the effective date of the Change in Control (or earlier, if required by applicable law).

Appears in 3 contracts

Samples: Change in Control Agreement (Aml Communications Inc), Change in Control Agreement (Aml Communications Inc), Change in Control Agreement (Aml Communications Inc)

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Date of Payment. The amount provided for in Section 3.1 section 3.1, 3.2 and 3.3 shall be paid in a single lump sum cash payment within ten thirty (1030) days after the effective date of the Change in Control (or earlier, if required by applicable law)termination.

Appears in 3 contracts

Samples: Termination and Change in Control Agreement (Aml Communications Inc), Termination and Change in Control Agreement (Aml Communications Inc), Termination and Change in Control Agreement (Aml Communications Inc)

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Date of Payment. The amount provided for in Section 3.1 shall be paid in a single lump sum cash payment within ten (10) days after the effective date of the Change in Control termination of employment (or earlier, if required by applicable law)assuming a change of control has occurred within twelve months of the termination date.

Appears in 3 contracts

Samples: Change in Control Agreement (Aml Communications Inc), Change in Control Agreement (Aml Communications Inc), Change in Control Agreement (Aml Communications Inc)

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