Common use of Second Installment Clause in Contracts

Second Installment. In the event that the Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 47% of the Executive's weighted average base salary during the 18 month period ending on such second annual anniversary.

Appears in 2 contracts

Sources: Retention Bonus Agreement (Protocol Systems Inc/New), Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 4735% of the Executive's weighted average base salary during the 18 12 month period ending on such second annual anniversary.

Appears in 2 contracts

Sources: Retention Bonus Agreement (Protocol Systems Inc/New), Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 4725% of the Executive's weighted average base salary during the 18 12 month period ending on such second annual anniversary.

Appears in 1 contract

Sources: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 4730% of the Executive's weighted average base salary during the 18 12 month period ending on such second annual anniversary.

Appears in 1 contract

Sources: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 4733% of the Executive's weighted average base salary during the 18 month period ending on such second annual anniversary.

Appears in 1 contract

Sources: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive shall ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 47% of the Executive's weighted average base salary during the 18 month period ending on such second annual anniversary.

Appears in 1 contract

Sources: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the ------------------ Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 4760% of the Executive's weighted average base salary during the 18 12 month period ending on such second annual anniversary.

Appears in 1 contract

Sources: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the ------------------ Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 4780% of the Executive's weighted average base salary during the 18 month period ending on such second annual anniversary.

Appears in 1 contract

Sources: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 4740% of the Executive's weighted average base salary during the 18 month period ending on such second annual anniversary.

Appears in 1 contract

Sources: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive shall ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 4745% of the Executive's weighted average base salary during the 18 12 month period ending on such second annual anniversary.

Appears in 1 contract

Sources: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive shall ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 4760% of the Executive's weighted average base salary during the 18 month period ending on such second annual anniversary.

Appears in 1 contract

Sources: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 4760% of the Executive's weighted average base salary during the 18 month period ending on such second annual anniversary.

Appears in 1 contract

Sources: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive shall ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 4735% of the Executive's weighted average base salary during the 18 12 month period ending on such second annual anniversary.

Appears in 1 contract

Sources: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 4745% of the Executive's weighted average base salary during the 18 12 month period ending on such second annual anniversary.

Appears in 1 contract

Sources: Retention Bonus Agreement (Protocol Systems Inc/New)