Common use of Paragraph 5 Clause in Contracts

Paragraph 5. 1.2(a). Xxxxx terminates this Contract pursuant to ------------------ paragraph 5.1.2(a), VIVRA shall pay Xxxxx (i) one and one-half (1(OMEGA)) times the sum of the Salary plus the Discretionary Bonus given to him for Fiscal Year 1996 (1.5 x ($300,000 + $200,000)) which totals $750,000, and (ii) the Contingent Bonus ($300,000) (if the Contingent Bonus has been earned but not yet paid), all of which would total $1,050,000.

Appears in 1 contract

Samples: Employment Contract (Vivra Inc)

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Paragraph 5. 1.2(a). Xxxxx terminates this Contract pursuant to ------------------ paragraph 5.1.2(a), VIVRA shall pay Xxxxx (i) one and one-half (1(OMEGAl(OMEGA)) times the sum of the Salary plus the Discretionary Bonus given to him for Fiscal Year 1996 (1.5 x ($300,000 + $200,000)) which totals $750,000, and (ii) the Contingent Bonus ($300,000) (if the Contingent Bonus has been earned but not yet paid), all of which would total $1,050,000.

Appears in 1 contract

Samples: Employment Contract (Vivra Inc)

Paragraph 5. 1.2(a1.2(b). Xxxxx terminates this Contract pursuant to ------------------ paragraph 5.1.2(a5.1.2(b), VIVRA or the successor entity shall pay Xxxxx (i) one and one-half (1(OMEGA)) 2.99 times the sum of the Salary plus the Discretionary Bonus given to him for Fiscal Year 1996 (1.5 2.99 x ($300,000 + $200,000)) which totals $750,0001,495,000, and (ii) the Contingent Bonus ($300,000) (if the Contingent Bonus has been earned but not yet paid), all of which would total $1,050,0001,795,000.

Appears in 1 contract

Samples: Employment Contract (Vivra Inc)

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Paragraph 5. 1.2(a1.2(b). Xxxxx terminates this Contract pursuant to ------------------ paragraph 5.1.2(a5.1.2(b), VIVRA or the successor entity shall pay Xxxxx (i) one and one-half (1(OMEGA)) 2.99 times the sum of the Salary plus the Discretionary Bonus given to him for Fiscal Year 1996 (1.5 2.99 x ($300,000 + $200,000)) which totals $750,0001,495,000, and (ii) the Contingent Bonus ($300,000) (if the Contingent Bonus has been earned but not yet paid), all of which would total $1,050,0001,795,000.

Appears in 1 contract

Samples: Employment Contract (Vivra Inc)

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