Payment of Termination Amounts. All amounts payable to Executive pursuant to Sections 1, 2 or 5 hereof, shall be paid to Executive in a lump sum on the second business day following termination of Executive's employment with the Company.
Payment of Termination Amounts. Executive may elect to have all amounts to be paid to Executive pursuant to this Section 6 payable (i) over the remaining term of this Agreement or for such shorter period as expressly provided for herein, as applicable, or (ii) in a lump sum within 30 days following termination; provided, however, in the case of death or disability, the Acquisition Performance Bonus component shall be payable at such time as performance-based bonuses are paid to similarly situated employees of the Company and only if the specified targets set forth in Section 3(b) for the applicable periods are actually met. In the event Executive elects to be paid pursuant to clause (i), Executive agrees promptly to notify the Company in writing of Executive's acceptance of full-time employment; within 15 days after receipt of such notice, the Company shall pay Executive in a lump sum any amounts which remain otherwise due to Executive hereunder.
Payment of Termination Amounts. Unless otherwise specifically provided herein, Executive may elect to have all amounts to be paid to Executive pursuant to this Section 6 payable (i) over the remaining term of this Agreement or for such shorter period as expressly provided for herein, as applicable, or (ii) in a lump sum within 30 days following termination. In the event Executive elects to be paid pursuant to clause (i), Executive agrees promptly to notify the Company in writing of Executive's acceptance of full-time employment; within 15 days after receipt of such notice, the Company shall pay Executive in a lump sum any amounts which remain otherwise due to Executive hereunder.
Payment of Termination Amounts. Executive may elect to have all ------------------------------ amounts to be paid to Executive pursuant to this Section 6 payable (i) over the remaining term of this Agreement or for such shorter period as expressly provided for herein, as applicable, or (ii) in a lump sum within 30 days following termination; provided, however, in each case, the Bonus component ----------------- shall be payable as scheduled in Section 3(b) hereof. In the event Executive elects to be paid pursuant to clause (i), Executive agrees promptly to notify the Company in writing of Executive's acceptance of full-time employment; within 15 days after receipt of such notice, the Company shall pay Executive in a lump sum any amounts which remain otherwise due to Executive hereunder.
Payment of Termination Amounts. Executive may elect to have all ------------------------------ amounts to be paid to Executive pursuant to this Section 6 payable (i) over the remaining term of this Agreement or for such shorter period as expressly provided for herein, as applicable, or (ii) in a lump sum within 30 days following termination; provided, however, in the case of death or disability, ----------------- the Acquisition Performance Bonus component shall be payable at such time as performance-based bonuses are paid to similarly situated employees of the Company and only if the specified targets set forth in Section 3(b) for the applicable periods are actually met. In the event Executive elects to be paid pursuant to clause (i), Executive agrees promptly to notify the Company in writing of Executive's acceptance of full-time employment; within 15 days after receipt of such notice, the Company shall pay Executive in a lump sum any amounts which remain otherwise due to Executive hereunder.
Payment of Termination Amounts. Executive may elect to have all amounts to be paid to Executive pursuant to this Section 6 payable (i) over the remaining term of this Agreement or for such shorter period as expressly provided for herein, as applicable, or (ii) in a lump sum within 30 days following termination; provided, however, in the case of death or disability, the Performance Bonus shall be payable at such time as performance-based bonuses are paid to similarly situated employees of the Parent. In the event Executive elects to be paid pursuant to clause (i), Executive agrees promptly to notify the Parent in writing of Executive's acceptance of full-time employment; within 15 days after receipt of such notice, the Parent shall pay Executive in a lump sum any amounts which remain otherwise due to Executive hereunder.
Payment of Termination Amounts. Executive may elect to have all amounts to be paid to Executive pursuant to this Section 6 payable (i) over the remaining term of this Agreement or for such shorter period as expressly provided for herein, as applicable, or (ii) in a lump sum within 30 days following termination. In the event Executive elects to be paid pursuant to clause (i), Executive agrees promptly to notify the Parent in writing of Executive's acceptance of full-time employment; within 15 days after receipt of such notice,
Payment of Termination Amounts. The Performing Parties shall notify each Non-Performing Party of the Termination Amounts due from or due each such Non-Performing Party. If a Non-Performing Party owes a Termination Amount to a Performing Party, the Non-Performing Party shall pay the Termination Amount on the second Business Day after it receives the statement. If a Performing Party owes a Termination Amount to a Non-Performing Party, the Performing Party shall pay the Termination Amount once it has reasonably determined all amounts owed by the Non-Performing Party to it under all Specified Agreements (if applicable) and pursuant to its rights of close-out and setoff under Section 18.11.
