Common use of of the Employment Agreement Clause in Contracts

of the Employment Agreement. (b) If the Company terminates your employment, you will be entitled to severance pay equal to six (6) months then prevailing gross annual remuneration set out in 1(a) of Annexure A plus annual performance based incentive as per Company policy, but only if the Company does not provide you with at least six months’ notice of the termination.

of the Employment Agreement. (b) If the Company terminates your employment, you will be entitled to severance pay equal to six (6) months then prevailing gross annual remuneration set out in 1(a) of Annexure A plus annual performance based incentive as per Company policy, but only if the Company does not provide you with at least six months’ notice of the termination. You are not entitled to severance pay under any other circumstance.