Common use of Termination of Compensation Clause in Contracts

Termination of Compensation. Except as provided in Articles 4, 7, 8 and 9 of this Agreement, the Company's obligation to pay compensation to Executive under this Article 2 shall terminate at the close of business on the date on which Executive's employment is terminated; provided, however, that:

Appears in 3 contracts

Samples: Employment Agreement (Corvu Corp), Employment Agreement (Corvu Corp), Employment Agreement (Corvu Corp)

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Termination of Compensation. Except as provided in Articles 4, 7, 8 and 9 of this Agreement, the Company's obligation to pay compensation to Executive under this Article 2 shall terminate at the close of business on the date on which Executive's employment is terminated; provided, however, that:that the Company shall remain liable to pay Executive any amounts due Executive for services rendered prior to such termination date pursuant to Paragraph 2.1(a).

Appears in 1 contract

Samples: Employment Agreement (Corvu Corp)

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