Post Termination Payment Obligations. A. If this Agreement terminates for any of the reasons stated in sub-sections A, B or C of Section 8 of this Agreement or is terminated by Executive pursuant to subsection D of Section 8 of this Agreement, then the Executive shall be entitled to receive his Base Salary at the then current rate and any accrued bonus through the effective date of the termination, payable within fifteen (15) days of the effective termination date, and thereafter the Company shall have no further obligations under this Agreement, but Executive shall continue to be bound by Sections 12, 13, and 14 and all other post-termination obligations contained in this Agreement and provisions of this Agreement that specifically survive termination of this Agreement.
Post Termination Payment Obligations. Subject to Section 4, Franklin's obligation to pay Executive the compensation and to make the other arrangements provided herein to be paid and made after termination of Executive's employment with Franklin shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right that Franklin may have against him or anyone else. All amounts so payable by Franklin shall be paid without notice or demand. Each and every such payment made by Franklin shall be final and Franklin will not seek to recover all or any part of such payment from Executive or from whomsoever may be entitled thereto, for any reason whatsoever.
Post Termination Payment Obligations. A. If this Agreement terminates for any of the reasons set forth in sub-sections 4A, 4B, 4C (except under the circumstances described in Section 5D below), 4D or 4E of this Agreement, then You shall be entitled to receive Your Base Salary through the termination date and any Bonus amounts you would be entitled to under Section 2B and thereafter the Company shall have no further obligations under this Agreement, but You shall continue to be bound by Sections 7A, 7B and 7C, and all other post-termination obligations contained in this Agreement.
Post Termination Payment Obligations. If the Company terminates Your employment Without Cause (as defined in sub-section 2F above), then the Company will:
Post Termination Payment Obligations. (a) If the Company terminates Your employment Without Cause, as defined above, then the Company shall: (i) Pay You all accrued but unpaid wages through the termination date, based on Your then current base salary, and (ii) after Your separation from service (as defined by Section 409A of the Internal Revenue Code (the "Code") and applicable regulations): (1) pay You a lump sum payment equal to (a) twelve (12) months of Your then current base salary, plus (b) one and one half (1.5) times Your then current annual target incentive bonus under the Company's Officers Incentive Program (subclauses (a) and (b) together the "Separation Payment"). The Separation Payment shall be paid within sixty (60) days of the date of Your termination, provided You have complied with all conditions set forth in subsection (b) below; (2) for a period of twelve (12) months, reimburse Your COBRA premium under the Company's major medical group health plan on a monthly basis, up to a maximum equal to the amount the Company contributed for You on a monthly basis prior to the termination date (the "COBRA Reimbursement"), and (3) make payments to You of One Thousand Three Hundred Dollars ($1,300.00) on the first business day of each month for a period of twelve (12) months, beginning on the first such date that is at least eight (8) days after You sign the Separation & Release Agreement as set forth in subsection (b) below (the "Additional Payments"). The Separation Payment, COBRA Reimbursement, and Additional Payments (collectively, the "Separation Benefits") shall be subject to all applicable withholdings, and shall constitute full satisfaction of the Company's obligations under this Agreement. Except as set forth in this Section 3, the Company shall have no other obligations to You, including under any provision of this Agreement, Company policy, or otherwise.
Post Termination Payment Obligations. (a) If Your employment terminates for any of the reasons set forth in sub-section 4(c) below, then the Company shall pay You all accrued but unpaid wages, based on Your then current Base Salary, through the termination date. The Company shall have no other obligations to You, including under any provision of this Agreement, Company policy, or otherwise; provided, however, You shall continue to be bound by (a) the restrictive covenants set forth in Section 5 below, and (b) all other post-termination obligations to which You are subject.
Post Termination Payment Obligations. (a) If this Agreement terminates for the reason set forth in subsection 4(a) of this Agreement, then You shall be entitled to receive Your Base Salary as of the date of death through the date of Your death and thereafter the Company shall have no further obligations under this Agreement or otherwise.
Post Termination Payment Obligations. Subject to Section 4, Xxxxxxxx'x obligation to pay Executive the compensation and to make the other arrangements provided herein to be paid and made after termination of Executive's employment with Xxxxxxxx shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right that Xxxxxxxx may have against him or anyone else. All amounts so payable by Xxxxxxxx shall be paid without notice or demand. Each and every such payment made by Xxxxxxxx shall be final and Xxxxxxxx will not seek to recover all or any part of such payment from Executive or from whomsoever may be entitled thereto, for any reason whatsoever.
Post Termination Payment Obligations. The termination or expiration of this Agreement will not relieve the relevant Parties’ obligation to pay any royalties, refund or other payments owed to the other Parties at the time of such termination or expiration. Each Party must pay any and all royalties, refunds or other payments owed at the time such payments would have been due had this Agreement not terminated or expired and each Party is entitled to offset its payment obligations for any amounts owed to such Party. For clarity, in the event of any termination set forth in Section 6.1.3, Burning Rock shall not be obligated to settle any outstanding royalties payable at the time of termination unless either (i) OncoCyte has fully refunded the refundable amount of the Escrow Funds pursuant to Section 4.2, or (ii) the amount of outstanding royalties payable by Burning Rock at the time of termination exceeds the refundable amount of the Escrow Funds payable to Burning Rock.
Post Termination Payment Obligations. If the Company terminates Your employment Without Cause, or You resign for Good Reason, then the Company shall: Employee’s Initials 9777098(GA)
