Common use of Xxxxxxxxx Payment Clause in Contracts

Xxxxxxxxx Payment. In the even the Company terminates the Executive’s employment without cause, it will be obligated to pay the Executive severance pay equal to two years compensation for years one and two, three years for year three, four years for year four, and five years for year five of employment served by the Executive.

Appears in 3 contracts

Samples: Employment Agreement (Cb Scientific, Inc.), Employment Agreement (Cb Scientific, Inc.), Employment Agreement (Cb Scientific, Inc.)

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Xxxxxxxxx Payment. In the even the Company terminates the Executive’s 's employment without cause, it will be obligated to pay the Executive severance pay equal to two years compensation for years one and two, three years for year three, four years for year four, and five years for year five of employment served by the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Apotheca Biosciences, Inc.), Employment Agreement (Apotheca Biosciences, Inc.)

Xxxxxxxxx Payment. In the even the Company terminates the Executive’s 's employment without cause, it will be obligated to pay the Executive severance pay equal to two years month's compensation for years one and two, three years months for year three, four years months for year four, and five years months for year five of employment served by the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Futureland, Corp.), Employment Agreement (Futureland, Corp.)

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Xxxxxxxxx Payment. In the even the Company terminates the Executive’s employment without cause, it will be obligated to pay the Executive severance pay equal to two years month’s compensation for years one and two, three years months for year three, four years months for year four, and five years months for year five of employment served by the Executive.

Appears in 1 contract

Samples: Employment Agreement (Futureland Corp.)

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