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:

Appears in 4 contracts

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

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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:

Appears in 3 contracts

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

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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:in an amount equal to 12 months’ Base Salary.

Appears in 1 contract

Samples: Employment Agreement (OxySure Systems Inc)

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