Common use of Termination of Compensation Clause in Contracts

Termination of Compensation. Except as otherwise expressly provided herein, all of Executive’s rights to salary, bonuses, employee benefits and other compensation hereunder which would have accrued or become payable after the termination or expiration of the Period of Employment shall cease upon such termination or expiration, other than those expressly required under applicable law (such as COBRA).

Appears in 12 contracts

Samples: Employment Agreement (SeaBright Holdings, Inc.), Employment Agreement (NightHawk Radiology Holdings Inc), Employment Agreement (NightHawk Radiology Holdings Inc)

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Termination of Compensation. Except as otherwise expressly provided herein, all of Executive’s 's rights to salary, bonuses, employee benefits and other compensation hereunder which would have accrued or become payable after the termination or expiration of the Period of Employment shall cease upon such termination or expiration, other than those expressly required under applicable law (such as COBRA).

Appears in 6 contracts

Samples: Employment Agreement (Seabright Insurance Holdings Inc), Employment Agreement (Seabright Insurance Holdings Inc), Employment Agreement (Seabright Insurance Holdings Inc)

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Termination of Compensation. Except as otherwise expressly provided herein, all of Executive’s rights to salary, bonuses, employee benefits and other compensation hereunder which would have accrued or become payable after the termination or expiration of the Period of Employment shall cease upon such termination or expiration, other than those expressly required under applicable law (such as COBRA) or which have vested either completely or in part (such as Executive’s stock options).

Appears in 1 contract

Samples: Employment Agreement (NightHawk Radiology Holdings Inc)

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