Common use of Continuation Period Clause in Contracts

Continuation Period. In the event that, during the term of this Agreement, the Company terminates the Employee's employment for any reason other than Cause or Disability and Section 6 does not apply, then the Employee shall be entitled to receive all of the payments and benefit coverage described in this Section 7. Such payments and benefit coverage shall continue for the period (the "Continuation Period") commencing on the date when the employment termination is effective and ending on the earlier of:

Appears in 1 contract

Samples: Executive Compensation Agreement (Paradigm Technology Inc /De/)

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Continuation Period. In the event thatIf, during the term of this Agreement, the Company terminates the Employee's employment for any reason other than Cause or Disability and if Section 6 does not apply, then the Employee shall be entitled to receive all of the payments and benefit coverage described in this Section 7. Such payments and benefit coverage shall continue for the period (the "Continuation Period") commencing on the date when the employment termination is effective and ending on the earlier of:of (i) the day 12 months after such date or (ii) the date of the Employee's death (the "Continuation Period").

Appears in 1 contract

Samples: Employment Agreement (Foundation Health Systems Inc)

Continuation Period. In the event thatIf, during the term of this Agreement, the Company terminates the Employee's employment for any reason other than Cause Cause, Retirement or Disability and if Section 6 does not apply, then the Employee shall be entitled to receive all of the payments and benefit coverage described in this Section 7. Such payments and benefit coverage shall continue for the period (the "Continuation Period") commencing on the date when the employment termination is effective and ending on the earlier of:of (i) the day 12 months after such date of (ii) the date of the Employee's death (the "Continuation Period").

Appears in 1 contract

Samples: Employment Agreement (Foundation Health Systems Inc)

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Continuation Period. In Except as otherwise specifically provided for this Agreement, in the event that, that during the term of this Agreement, the Company terminates the Employee's employment for any reason other than Cause or Disability and Section 6 does Employee voluntarily terminates under circumstances where an involuntary termination for Cause is not applyotherwise warranted, then the Employee shall be entitled to receive all of the payments and benefit coverage described in this Section 7. Such payments and benefit coverage shall continue for the period (the "Continuation Period") commencing on the date when the employment termination is effective and ending on the earlier of:date twelve months after such date.

Appears in 1 contract

Samples: Executive Compensation Agreement (Genta Incorporated /De/)

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