Post-Termination Payments. Executive agrees to promptly repay to the Company all payments made pursuant to any of Section 5.2, Section 5.3, Section 5.4 or Section 5.5 if there has been a final and non-appealable judgment entered by a court of competent jurisdiction that found willful misconduct by Executive in the performance of his duties prior to the termination of his employment hereunder.
Post-Termination Payments. (a) If Employee is terminated by Company pursuant to Paragraph 10 hereof, Company shall pay to Employee a monthly severance payment in an amount equal to Employee’s monthly salary at the time of termination, less taxes and other deductions required by law, for either (i) twelve (12) months if Employee has less than five (5) years of uninterrupted service with Company as of the effective date of employment termination or (ii) fifteen (15) months if Employee has between five (5) and ten (10) years of uninterrupted service with Company as of the effective date of employment termination or (ii) eighteen (18) months if employee has ten (10) years or more of uninterrupted service with Company as of the effective date of employment termination (the applicable period hereinafter called the “Severance Period”), beginning on the first payroll date after the expiration of the thirty (30)-day period following the date of Employee’s termination of employment and each payroll date thereafter until fully paid, in accordance with Company’s regular payroll practices; provided that Employee signs and does not revoke at the time of termination of employment a General Release satisfactory to Company of any and all claims which Employee may have arising out of or relating to Employee’s employment with and/or termination of employment with Company. In addition, if Employee is terminated (i) for any reason other than for Cause under Paragraph 9 hereof or (ii) for an Inability under Paragraph 7 hereof which does not qualify Employee for coverage under Company’s applicable long-term disability policy, Company shall maintain Employee in its group health plan on the same basis as if Employee had remained employed by Company during the Severance Period, for the duration of the Severance Period or until Employee becomes covered under another group health plan, whichever occurs first; provided, that in order to receive such continued coverage, Employee shall be required to pay to Company at the same time that premium payments are due for the month an amount equal to the full monthly premium payments required for such coverage and Company shall reimburse to Employee the amount of such monthly premium, less the amount that Employee was required to pay for such coverage immediately prior to Employee’s date of termination of employment, (the “Health Payment”) no later than the next payroll date of Company that occurs after the date the premium for the month is paid by Employee. In addition...
Post-Termination Payments. Notwithstanding any provision herein to the contrary, all payment obligations hereof shall survive the happening of any termination of this Agreement until all amounts due hereunder have been paid.
Post-Termination Payments. (a) In the event of termination of Executive’s employment for any or no reason or with or without Cause, by either Company or Executive, or if Executive’s employment ends due to the death or disability of Executive, Executive shall be paid unpaid wages, and unused vacation earned through the termination date.
Post-Termination Payments. (a) If Employee is terminated by Company pursuant to Paragraph 10 hereof, Company shall pay to Employee a monthly severance payment in an amount equal to Employee's monthly salary at the time of termination for six (6) months.
Post-Termination Payments. In the event the County fails to deliver possession of the Corporation Facilities or any part thereof at the time required under Section 2.4 hereof, the County shall be liable for the payment of Acquisition Payments, including Additional Payments, for successive six month periods commencing on the Payment Date following the last due date of Base Payments hereunder until the County delivers possession of the Corporation Facilities to the Corporation.
Post-Termination Payments. Upon termination pursuant to Sections 7, 8 and 9 of this Agreement, the Corporation will pay Employee or his estate any base salary earned and unpaid to the date of termination, and any outstanding funds advanced by the Corporation to or on behalf of Employee will become immediately due and payable. In the event that any funds are due from Employee to the Corporation, the Corporation will, upon termination of Employee's employment, have a right to reduce any payment due to Employee by the sums owed to the Corporation. In addition, if termination is pursuant to Sections 8 or 9 of this Agreement, then within ninety (90) days after the end of the Corporation's fiscal year during which Employee's death or commencement of disability occurred, the Corporation will pay Employee or his estate a portion of the annual incentive compensation, if any has been earned, as prorated by the Corporation's Board of Directors, which proration will be final and conclusive.
Post-Termination Payments. In the event of the termination of this Agreement and Employee’s employment by the Company without cause, the Employee will be entitled to the following additional payments and benefits, provided that (A) the Employee continues to perform Employee’s duties in good faith during the Notice Period, or during that portion of the Notice Period that the Company elects to have Employee work, and (B) the Employee agrees to and executes a comprehensive General Release and Settlement of All Claims, in form satisfactory to the Company, releasing the Company and all of its related entities, subsidiaries and affiliates, as well as the current and former directors, officers, agents, employees, successors and assigns of each, to the fullest extent permitted by law, from any and all statutory, common law or other claims of whatever nature, arising out of Employee’s employment or the termination thereof:
Post-Termination Payments. If the Company terminates the Agent's engagement hereunder prior to the end of the one hundred and twenty (120) day term of Section 1(g)(i) above, the Company agrees to pay to the Agent the full Commission defined above as measured against any public or private sales of securities by the Company which sales occur within one hundred and twenty (120) days after such termination to any investors who were introduced to the Company by the Agent during such engagement, or contacted by the Agent during such engagement and disclosed to the Company in writing. All payment obligations of the Company to the Agent set forth in this Section 1 shall survive the delivery of and payment for the Securities sold hereunder and any termination of the Agent's engagement, this Agreement or the escrow agreement described above.
Post-Termination Payments. (a) Termination by the Company For Cause Death or Disability. Upon termination of the Executive's employment by the Company for Cause, death, or Disability, the Company shall, through the Date of Termination (hereinafter defined), pay Executive the Accrued Benefits. Thereafter, the Company shall have no further obligations to Executive except as otherwise expressly provided under this Agreement or as required by law.
