Payments in Lieu of Salary. In lieu of any further salary payments to you for periods subsequent to the Date of Termination, the Company shall pay to you monthly (for a period of 35 months or until the month in which you reach 65 years of age, whichever first occurs) a monthly payment equal to your highest monthly base salary (including any deferred amounts) paid during the 36-month period prior to the Date of Termination.
Appears in 4 contracts
Samples: Employment Agreement (Sprint Corp), Contingency Employment Agreement (Embarq CORP), Sprint Corp
