Payments Due Upon Termination. In the event Executive’s employment is terminated pursuant to Section 5(d) or (e) above, then any unvested Options held by Executive shall immediately vest and the Company shall continue pay to Executive his base salary as in effect on the date of termination for a period of twelve (12) months and reimburse Executive for the costs of obtaining comparable medical benefits for twelve (12) months, unless the Executive obtains other employment which provides for comparable medical benefits as Executive received while employed by the Company. In the event Executive’s employment is terminated for any other reason, then Executive shall be entitled to receive his base salary though the effective date of termination and the Company shall reimburse Executive for any reasonable expenses previously incurred for which Executive had not been reimbursed prior to the termination of employment. Executive acknowledges and agrees that prior to receiving any payments under this Section, and as a material condition thereof, Executive shall, if requested by the Company, sign and agree to be bound by a general release of claims against the Company related to Executive’s employment (and termination of employment) with the Company in such form as the Company may deem appropriate. Upon Executive’s termination of employment for any reason, upon the request of the Board, he shall resign any memberships or positions that he then holds with the Company.
Payments Due Upon Termination. In the event Executive’s employment is terminated pursuant to Section 6(d) or (e) above, then (i) any unvested Options held by Executive shall immediately vest, (ii) GEEKS ON CALL shall continue pay to Executive his base salary as in effect on the date of termination for a period of twelve (12) months and (iii) GEEKS ON CALL shall reimburse Executive for the costs of obtaining comparable medical benefits for twelve (12) months, unless Executive obtains other employment which provides for comparable medical benefits as Executive received while employed by GEEKS ON CALL. In the event Executive’s employment is terminated for any other reason, then Executive shall be entitled to receive his base salary though the effective date of termination and GEEKS ON CALL shall reimburse Executive for any reasonable expenses previously incurred for which Executive had not been reimbursed prior to the termination of employment. Executive acknowledges and agrees that prior to receiving any payments under this Section, and as a material condition thereof, Executive shall, if requested by GEEKS ON CALL, sign and agree to be bound by a general release of claims against GEEKS ON CALL related to Executive’s employment (and termination of employment) with GEEKS ON CALL in such form as GEEKS ON CALL may deem appropriate. Upon Executive’s termination of employment for any reason, upon the request of the Board, he shall resign any memberships or positions that he then holds with GEEKS ON CALL.
Payments Due Upon Termination. Upon termination of Executive’s employment for any reason, the Company shall pay to Executive on such date required by applicable law, a lump sum amount in cash equal to Executive’s Base Salary and other payments due through the date of termination to the extent not theretofore paid (“Accrued Amounts”).
Payments Due Upon Termination. In the event Employee’s employment is terminated pursuant to Section 4(c) or (d) above, then (i) any unvested Options held by Employee shall immediately vest, (ii) the Company shall continue to pay to Employee his base salary as in effect on the date of termination for a period of eighteen (18) months and (iii) the Company shall reimburse Employee for the costs of obtaining comparable medical benefits for eighteen (18) months, unless Employee obtains other employment which provides for comparable medical benefits as Employee received while employed by the Company. In the event Employee’s employment is terminated for any other reason (other than death or disability as set forth in Section 4(a) above), then Employee shall be entitled to receive his base salary though the effective date of termination and the Company shall reimburse Employee for any reasonable expenses previously incurred for which Employee had not been reimbursed prior to the termination of employment. Employee acknowledges and agrees that prior to receiving any payments under this Section, and as a material condition thereof, Employee shall, if requested by the Company, sign and agree to be bound by a general release of claims against the Company related to Employee’s employment (and termination of employment) with the Company in such form as the Company may deem appropriate. Upon Employee’s termination of employment for any reason, upon the request of the Board, he shall resign any memberships or positions that he then holds with the Company or any affiliate or subsidiary.
Payments Due Upon Termination. In addition to the terms as set out in Sections C, D.3 and D.4 , upon termination by either party, should there be outstanding payments due to the State as allowed under this Contract, the Contractor shall satisfy any and all payments within 30 (thirty) days after the date of the termination of the Contract. If the State is not satisfied that the Contractor has fulfilled its obligations under this Contract, the State shall follow any and all recourse available to it under state or federal law for actual monetary damages or liquidated damages.
Payments Due Upon Termination. Upon termination of Employee’s employment, the Company shall pay to Employee on such date required by applicable law, a lump sum amount in cash equal to Employee’s base salary and other payments due through the Date of Termination to the extent not theretofore paid. Exhibit 10.8
Payments Due Upon Termination. Upon termination of the Employee’s employment, the Employee will only be entitled to receive Base Salary and bonuses earned through the termination date and, to the extent the conditions outlined in MiX Telematics’ Vacation Policy are met, payment for vacation time which is accrued and unused as of the termination date. Any accrued but unpaid business and travel expenses required to be reimbursed in accordance with the Company’s Travel and Expense policy will also be paid upon termination. Any amounts due to the employee upon termination of employment will be paid within thirty (30) days of the actual termination date.
Payments Due Upon Termination. In the event this Agreement is terminated pursuant to this Section 4, Licensee shall promptly pay to Anuvu all sums due under the terms of this Agreement up to and including the date of termination.
Payments Due Upon Termination. 8.4.1 Upon the termination of this Agreement and/or any PSO (excluding CE3’s termination for convenience), and in accordance with the applicable Phase-Down Plan, Sponsor will pay CE3 for all reimbursables expenses incurred (which may include non-cancelable obligations committed before receipt of notice of termination) and Services provided through the date of notice of termination (as well as Services completed as part of the Phase Down Plan) based upon the progress of the work performed and to the extent that such expenses and Services are authorized pursuant to the PSO(s) that is(are) subject to the termination hereunder.
Payments Due Upon Termination. This Agreement is not cancellable by Merchant. Notwithstanding the foregoing, if Merchant terminates this Agreement prior to the thirty-six (36) month term, Linga POS ® is authorized to debit via one or more ACH transmittals from the bank account identified in this Agreement, or directly from Hybrid Payments or from another bank account owned by Merchant, the entire cost of the package plus the monthly minimum listed on the merchant processing application for each month remaining in the contract term.
