Common use of Payments or Benefits Required by Law Clause in Contracts

Payments or Benefits Required by Law. Employee will receive such other compensation or benefits from the Company as may be required by law (for example, “COBRA” coverage under Section 4980B of the Internal Revenue Code of 1986, as amended (the “Code”)).

Appears in 17 contracts

Samples: Executive Transition Agreement (Iridex Corp), Severance Agreement (Catalyst Semiconductor Inc), Severance Agreement (Giga Tronics Inc)

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Payments or Benefits Required by Law. Employee will receive such other compensation or benefits from the Company as may be required by law (for example, “COBRA” coverage under Section 4980B of the Internal Revenue Code of 1986, as amended (the “Code”)).

Appears in 13 contracts

Samples: Severance Agreement (Giga Tronics Inc), Severance Agreement (Catalyst Semiconductor Inc), Severance Agreement (Giga Tronics Inc)

Payments or Benefits Required by Law. Employee will receive such other compensation or benefits from the Company as may be required by law (for example, “COBRA” coverage under Section 4980B of the Internal Revenue Code of 1986, as amended (the “Code”)).

Appears in 5 contracts

Samples: Severance Agreement (Catalyst Semiconductor Inc), Severance Agreement (Catalyst Semiconductor Inc), Severance Agreement (Catalyst Semiconductor Inc)

Payments or Benefits Required by Law. Employee will receive such other compensation or benefits from the Company as may be required by law (for example, “COBRA” coverage under Section 4980B of the Internal Revenue Code of 1986, as amended (the “Code”)).

Appears in 5 contracts

Samples: Severance Agreement (Catalyst Semiconductor Inc), Severance Agreement (Catalyst Semiconductor Inc), Severance Agreement (Catalyst Semiconductor Inc)

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Payments or Benefits Required by Law. Employee will receive such other compensation or benefits from the Company as may be required by law and will not be entitled to any other benefits from the Company except to the extent required by law (for example, “COBRA” coverage under Section 4980B of the Internal Revenue Code of 1986, as amended (the “Code”)).

Appears in 5 contracts

Samples: Severance Agreement (Giga Tronics Inc), Severance Agreement (Giga Tronics Inc), Severance Agreement (Giga Tronics Inc)

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