Common use of Xxxxxxxxx Benefit Clause in Contracts

Xxxxxxxxx Benefit. As payment in full of its obligations under the Employment Agreement to pay severance benefits upon an Involuntary Termination, the Company will pay to Xx. Xxxxxx, an aggregate amount equal to $305,000 in monthly installments over a twelve (12) month period following the Termination Date and will continue for a period of 12 months after the Termination Date , all health benefits to which Xx. Xxxxxx is currently entitled, pursuant to his Employment Agreement.

Xxxxxxxxx Benefit. As payment in full of its obligations under the Employment Agreement to pay severance benefits upon an Involuntary Termination, the Company will pay to Xx. XxxxxxXxxxx, an aggregate cash amount equal to $305,000 969,500 in monthly installments over a twelve lump sum within thirty (1230) month period following days of the Termination Date and Date. The Company will continue for a period of 12 months after the Termination Date , all health welfare benefits (other than disability and severance plan benefits) to which Xx. Xxxxxx Xxxxx is currently entitled, entitled pursuant to his Employment Agreement.

Xxxxxxxxx Benefit. As payment in full of its obligations under the Employment Agreement to pay severance benefits upon an Involuntary Termination, the Company will pay to Xx. XxxxxxXxxxxxxx, an aggregate cash amount equal to $305,000 227,923 in monthly installments over a twelve (12) -month period following after the Termination Date and Date. The Company will continue for a period of 12 months after the Termination Date Date, all health benefits to which Xx. Xxxxxx Xxxxxxxx is currently entitled, entitled pursuant to his Employment Agreement.

Xxxxxxxxx Benefit. As payment in full of its obligations under the Employment Agreement to pay severance benefits upon an Involuntary Termination, the Company will pay to Xx. XxxxxxXxxxx $315,000, an aggregate amount equal to $305,000 in monthly installments cash, paid in accordance with the Company’s payroll schedule over a the twelve (12) month period following the Termination Date and will continue for a period of 12 months after the Termination Date , all health benefits to which Xx. Xxxxxx is currently entitled, pursuant to his Employment AgreementDate.

Xxxxxxxxx Benefit. As payment in full of its obligations under the Employment Agreement to pay severance benefits upon an Involuntary Termination, the Company will pay to Xx. XxxxxxXxxxxxx $288,750, an aggregate amount equal to $305,000 in monthly installments cash, paid in accordance with the Company’s payroll schedule over a the twelve (12) month period following the Termination Date and will continue for a period of 12 months after the Termination Date , all health benefits to which Xx. Xxxxxx is currently entitled, pursuant to his Employment AgreementDate.