Common use of Expiration of Employment Period Clause in Contracts

Expiration of Employment Period. If Executive's employment is terminated pursuant to Subsection 5(a)(i) upon expiration of the Employment Period, Executive shall be entitled to no further payment of Base Salary and shall no longer be entitled to participate in the Benefit Plans, except as required by applicable law or as governed by the Benefit Plans in which Executive participates immediately prior to such termination, but Executive shall be entitled to receive any Incentive Compensation payable but not yet paid under the terms of Section 4(b) for the period from June 1, 2002 through the Termination Date.

Appears in 4 contracts

Samples: Employment Agreement (RPM Inc/Oh/), Employment Agreement (RPM Inc/Oh/), Employment Agreement (RPM Inc/Oh/)

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