Common use of Result of Termination Clause in Contracts

Result of Termination. Upon termination of Executive’s employment pursuant to this Section 6.1, Employer shall pay to Executive’s estate, on the Termination Date, a lump sum payment of an amount equal to (i) all accrued and unused vacation and sick pay payable to Executive by Employer with respect to serviced rendered by Executive to Employer through the Termination Date; and, (ii) an amount equal to twelve (12) months salary based upon the then existing salary of Executive, payable in the same manner as salary would have been paid to Executive had he continued to work for Employer hereunder. In addition to the foregoing, and notwithstanding the provisions of any other agreement to the contrary, Employer shall continue to provide for the benefit of Executive’s family the medical benefits referred to in Section 5.1 hereof for twelve (12) months following the Termination Date.

Result of Termination. Upon termination of Executive’s 's employment pursuant to this Section 6.1, Employer shall pay to Executive’s 's estate, on the Termination Date, a lump sum payment of an amount equal to (i) all accrued and unused vacation and sick pay payable to Executive by Employer with respect to serviced rendered by Executive to Employer through the Termination Date; and, and (ii) an the amount equal to twelve (12) months salary based upon the then existing salary of Executive, payable in the same manner as salary Executive would have been paid to Executive had he continued to work for Employer hereunderearned as Base Salary during the five (5) years following the Termination Date. In addition to the foregoing, and notwithstanding the provisions of any other agreement to the contrary, Employer shall continue to provide for the benefit of Executive’s 's family the medical benefits referred to in Section 5.1 hereof for twelve sixty (1260) months following the Termination Date.