Rights and Remedies on Termination Sample Clauses

Rights and Remedies on Termination. The Executive will be entitled to receive the payments and benefits specified below if there is an Early Termination.
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Rights and Remedies on Termination. (i) If the Employee’s employment hereunder is terminated pursuant to Section 6(a), Section 6(b), Section 6(c) or by Employee pursuant to Section 6(d), then the Employee (or his estate, as applicable) shall be entitled to receive his Base Salary through the date of termination or expiration.
Rights and Remedies on Termination. (i) If the Employee's employment hereunder is terminated pursuant to ss.6(a) or by the Employer pursuant to ss.6(c), then the Employee (or his estate, as applicable) shall be entitled to receive payment, in accordance with the Employer's then current payroll practices, of the Employee's Base Salary in effect at the time of such termination for one year following such termination; provided, however, that in the case of a termination by the Employer pursuant to ss.6(c), the Employee shall be required to mitigate his damages by accepting other suitable employment during such period and the Employer shall be entitled to reduce the amount payable by the Employer under this ss.6(d)(i) by an amount equal to the income received by the Employee pursuant to such new employment.
Rights and Remedies on Termination. Upon the termination of Employee’s employment in accordance with §6, the Company shall be required to pay only for (A) any unpaid Base Salary due for the period prior and through the date of termination, and (B) following submission of proper expense reports by the Employee, reimbursement for all expenses properly incurred in accordance with §5 of this Agreement, prior to the date of termination (the items set forth in the foregoing clauses (A), (B) and (C), collectively, the “Accrued Benefits”), and all obligations of the Company to pay salary and other payments to the Employee hereunder shall terminate effective as of the date of such termination.
Rights and Remedies on Termination. (i) If the Employer shall terminate the Employee's employment hereunder pursuant to ss.6(c) hereof, then (A) the Employee shall be entitled to receive, as severance pay, payment, in accordance with the Employer's then current payroll practices, of his Base Salary in effect at the time of his termination for a period of one (1) month, if termination occurs during the first six months of the initial term of this Agreement, and the lesser of (x) Base Salary payable for the balance of the term of this Agreement or (y) two months Base Salary, if termination occurs during the second six months during the initial term of this Agreement. For any termination pursuant to Section 6(c) hereof by the Employer occurring after the first full year of employment hereunder, the Employee shall receive as severance pay the lesser of (x) Base Salary payable for the balance of the then existing term of this Agreement or (y) two months' Base Salary, plus one week's Base Salary for each full or part year worked after the first year of employment hereunder. Employee shall also be paid his allocable share, as a shareholder of the Employer, of any positive balance of the Accumulated Adjustments Account ("AAA" account for S Corporation purposes) - i.e., his allocable share of any amounts taxable to S Corporation shareholders, but not fully distributed to such shareholders -- within 60 days after the end of the fiscal year in which the Employee's employment was terminated.
Rights and Remedies on Termination. If this Agreement terminates on account of the breach of either party, any additional obligations of the non-breaching party shall cease, and such non-breaching party shall have the right to exercise all rights and remedies available both at law and in equity. Upon termination for any other reason, neither party shall have any further rights or obligations hereunder, other than pursuant to any provision hereof that expressly survives the termination of this Agreement (including, but not limited to, those related to confidentiality of information with respect to the Business and the Property). Neither party shall be liable to the other party for any special, indirect, consequential or incidental damages, including, but not limited to, lost profits.
Rights and Remedies on Termination. (i) If the Employer shall terminate the Employee's employment hereunder pursuant to ss.6(c) hereof, then (A) the Employee shall be entitled to receive, as severance pay, payment, in accordance with the Employer's then current payroll practices, of his Base Salary in effect at the time of his termination for (1) the remainder of the Initial Term or (2) if such termination occurs subsequent to the Initial Term, the remainder of the then current one-year extension thereof; provided, however that the Employee shall be required to mitigate his damages during such period by using his best efforts to search for alternative employment of similar status with an employer of comparable or better financial resources to the Employer and to accept such employment if offered and the Employer shall be entitled to reduce the amount payable by the Employer under this ss.6(d)(i) by an amount equal to the income received by the Employee pursuant to such new employment, and (B) the Employee shall be entitled to receive, within 30 days following the completion of the Employer's audited financial statements for the fiscal year during which such termination occurs, a prorated portion of the Minimum Bonus and the Incentive Bonus (if any) for the fiscal year in which his termination occurs determined by multiplying (1) the full amount of the Minimum Bonus and the Incentive Bonus (if any) that would have been payable to the Employee pursuant to ss.4(c) hereof if his employment hereunder had not been terminated by (2) a fraction, the numerator of which is the number of days elapsed during such fiscal year prior to the Employee's termination and the denominator of which is 365.
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Rights and Remedies on Termination. Upon termination, Xxxxxxx ------ --- -------- -- ----------- shall be entitled to the following payments:
Rights and Remedies on Termination. (i) If the Employee's employment is terminated pursuant to Section 6(a) on account of death, Section 6(b) on account of Disability or Section 6(c) for Cause, by the Employee pursuant to Section 6(e) without Cause or pursuant to Section 3 in connection with the expiration of the Initial Term or any subsequent term hereunder, then the Employee (or his estate, as applicable) shall be entitled to receive (i) any unpaid Base Salary through the date of termination or expiration and any accrued but unused vacation; (ii) any of the bonuses set forth in Section 4(b), Section 4(c) or Section 4(d), if earned on or before the date of such termination; (iii) reimbursement for any unreimbursed expenses in accordance with Section 5 incurred through the date of termination; and (iv) all other payments, benefits or fringe benefits to which the Employee may be entitled under the terms of any applicable compensation arrangement or benefit, equity or fringe benefit plan or program or grant or this Agreement through the date of such termination (collectively, "Accrued Benefits").
Rights and Remedies on Termination. (i) If the Employee's employment hereunder is terminated pursuant to Section 6(a), Section 6(b) or Section 6(c), by the Employee pursuant to Section 6(d) or pursuant to Section 3 in connection with the expiration of the Initial Term or any subsequent term hereunder then the Employee (or his estate, as applicable) shall be entitled to receive his Base Salary through the date of termination or expiration, the amount of any unpaid Incentive Bonus earned for prior fiscal years and any other sums to which the Employee is entitled pursuant to applicable law.
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