Common use of Time and Form of Payment Clause in Contracts

Time and Form of Payment. Except as otherwise provided by Section 12, the Company shall pay the severance amount referenced in Section 11(b)(i) in a lump sum on the date that is sixty (60) days after the date of Executive’s termination.

Appears in 6 contracts

Samples: Executive Employment Agreement (Paltalk, Inc.), Executive Employment Agreement (Snap Interactive, Inc), Executive Employment Agreement (PeerStream, Inc.)

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Time and Form of Payment. Except as otherwise provided by Section 12, the Company shall pay the severance amount referenced in Section 11(b)(i) in a lump sum on the date that is sixty (60) days after the date of Executive’s 's termination.

Appears in 3 contracts

Samples: Executive Employment Agreement (Snap Interactive, Inc), Executive Employment Agreement (Snap Interactive, Inc), Executive Employment Agreement (Snap Interactive, Inc)

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