Common use of PAYMENT OF COMPENSATION UPON TERMINATION Clause in Contracts

PAYMENT OF COMPENSATION UPON TERMINATION. Upon termination of Employee’s employment with the Company, Employee shall be entitled to be paid his base salary through the effective date of such termination, as full compensation for any and all claims of Employee under this Agreement or otherwise, except as set forth in Section 6.2.

Appears in 2 contracts

Samples: Employment Agreement (Aastrom Biosciences Inc), Employment Agreement (Aastrom Biosciences Inc)

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PAYMENT OF COMPENSATION UPON TERMINATION. Upon the termination of Employee’s employment with of Employee hereunder, the Company, Employee Company shall be entitled obligated to be paid his base salary through pay to Employee the effective Base Compensation for the remaining term of this Agreement, plus any earned but unpaid Annual Bonus to the date of such termination, as full compensation for any and all claims of Employee under this Agreement or otherwise, except as set forth in Section 6.2.

Appears in 2 contracts

Samples: Employment Agreement (Advantage Technologies Inc \Nv), Employment Agreement (Advantage Technologies Inc)

PAYMENT OF COMPENSATION UPON TERMINATION. Upon termination of Employee’s 's employment with the Company, Employee shall be entitled to be paid his base salary as provided in Section 4.1 through the effective date of such termination, as full compensation for any and all claims of Employee under this Agreement or otherwise, except as set forth in Section 6.2.

Appears in 2 contracts

Samples: Employment Agreement (Aastrom Biosciences Inc), Employment Agreement (Aastrom Biosciences Inc)

PAYMENT OF COMPENSATION UPON TERMINATION. Upon termination of Employee’s 's employment with the Company, Employee shall be entitled to be paid his base her salary as provided in Section 4.1 through the effective date of such termination, as full compensation for any and all claims of Employee under this Agreement or otherwise, except as set forth in Section 6.2.

Appears in 1 contract

Samples: Employment Agreement (Aastrom Biosciences Inc)

PAYMENT OF COMPENSATION UPON TERMINATION. Upon a termination of the Employee’s 's employment with the CompanyCompany for any reason, the Employee shall be entitled to be paid receive his base salary Base Salary earned but unpaid through the effective date of such termination, as full compensation for any and all claims on or before the day on which the Employee would have been paid such amount if his employment hereunder had not been terminated. The Company shall have no obligation to pay a bonus following the effective date of Employee under this Agreement or otherwise, except as set forth in Section 6.2an employee termination.

Appears in 1 contract

Samples: Employment Agreement (Mphase Technologies Inc)

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PAYMENT OF COMPENSATION UPON TERMINATION. Upon termination of Employee’s 's employment with the Company, Employee shall be entitled to be paid his base salary through the effective date of such termination, as full compensation for any and all claims of Employee under this Agreement or otherwise, except as set forth in Section 6.2. and Section 7.

Appears in 1 contract

Samples: Employment Agreement (Aastrom Biosciences Inc)

PAYMENT OF COMPENSATION UPON TERMINATION. Upon termination of Employee’s 's employment with the Company, Employee shall be entitled to be paid his base salary through the effective date of such termination, as full compensation for any and all claims of Employee under this Agreement or otherwise, except as set forth in Section 6.2, 6.3 and 7.

Appears in 1 contract

Samples: Employment Agreement (Aastrom Biosciences Inc)

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