Common use of Severance Provisions Clause in Contracts

Severance Provisions. If the Executive is terminated subsequent to the Effective Date by the Company for anything other than cause, then the Executive shall receive a severance (“Severance”) as follows: (i) An amount equal to 12 months’ Base Salary, PROVIDED THAT

Appears in 4 contracts

Sources: Employment Agreement (OxySure Systems Inc), Employment Agreement (OxySure Systems Inc), Employment Agreement (OxySure Systems Inc)

Severance Provisions. If the Executive is terminated subsequent to the Effective Date by the Company for anything other than cause, then the Executive shall receive a severance ("Severance") as follows: (i) An amount equal to 12 months' Base Salary, PROVIDED THAT

Appears in 2 contracts

Sources: Employment Agreement (OxySure Systems Inc), Employment Agreement (OxySure Systems Inc)

Severance Provisions. If the Executive is terminated subsequent to the Effective Date by the Company for anything other than cause, then the Executive shall receive a severance (“Severance”) as follows: (i) An in an amount equal to 12 months’ Base Salary, PROVIDED THAT.

Appears in 1 contract

Sources: Employment Agreement (OxySure Systems Inc)