Compensation and Benefits Upon Termination. (a) If Executive’s employment is terminated as a result of his death or Disability, the Company will pay or provide to Executive any (i) Accrued Benefits (as hereinafter defined) and (ii) a sum equal to a prorated portion of the annual bonus to which Executive would have been entitled if his employment had continued until the end of the employment year in which his death or disability occurred (the “Pro Rated Bonus Amount”). For the purposes of this Agreement, “
Appears in 3 contracts
Samples: Employment Agreement (Atrinsic, Inc.), Employment Agreement (New Motion, Inc.), Employment Agreement (New Motion, Inc.)
Compensation and Benefits Upon Termination. (a) a. If Executive’s 's employment is terminated as a result by reason of his death or Disability, the Company will shall pay or provide to Executive any (i) Accrued Benefits (as hereinafter defined) and (ii) a sum equal to a prorated portion Executive's Base Salary, in accordance with the payroll policies of the annual bonus to which Executive would have been entitled if his employment had continued until Company, through the end date of the employment year in which his Executive's death or disability occurred Disability (in the “Pro Rated Bonus Amount”event of Executive's death, the payments will be made to Executive's beneficiaries or legal representatives). For the purposes of this Agreement, “.
Appears in 3 contracts
Samples: Executive Employment Agreement (GameStop Corp.), Executive Employment Agreement (Gamestop Corp), Executive Employment Agreement (Gamestop Corp)
Compensation and Benefits Upon Termination. (a) a. If Executive’s employment is terminated as a result by reason of his death or Disability, the Company will shall pay or provide to Executive any (i) Accrued Benefits (as hereinafter defined) and (ii) a sum equal to a prorated portion Executive’s Base Salary, in accordance with the payroll policies of the annual bonus to which Executive would have been entitled if his employment had continued until Company, through the end date of the employment year in which his Executive’s death or disability occurred Disability (in the “Pro Rated Bonus Amount”event of Executive’s death, the payments will be made to Executive’s beneficiaries or legal representatives). For the purposes of this Agreement, “.
Appears in 2 contracts
Samples: Executive Employment Agreement (GameStop Corp.), Executive Employment Agreement (GameStop Corp.)
Compensation and Benefits Upon Termination. (a) If Executive’s employment is terminated as a result of his death or Disability, the Company will pay or provide to Executive any (i) Accrued Benefits (as hereinafter defined) and (ii) a sum equal to a prorated portion of the annual bonus to which Executive would have been entitled if his employment had continued until the end of the employment year in which his death or disability occurred (the “Pro Rated Bonus Amount”). For the purposes of this Agreement, “
Appears in 2 contracts
Samples: Employment Agreement (Atrinsic, Inc.), Employment Agreement (New Motion, Inc.)
Compensation and Benefits Upon Termination. (a) a. If Executive’s employment is terminated as a result by reason of his death or Disability, the Company will shall pay or provide to Executive any (i) Accrued Benefits (as hereinafter defined) and (ii) a sum equal to a prorated portion Executive’s Base Salary, in accordance with the payroll policies of the annual bonus to which Executive would have been entitled if his employment had continued until Company, through the end date of the employment year in which his Executive’s death or disability occurred (Disability. In the “Pro Rated Bonus Amount”). For event of Executive’s death, the purposes of this Agreement, “payments will be made to Executive’s beneficiaries or legal representatives.
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