Common use of PAYMENT CONTINUATION Clause in Contracts

PAYMENT CONTINUATION. If the Consultant's engagement by the Company is terminated by the Company pursuant to clause (iii) or (iv) of Section 8(a) or by Consultant for Good Reason pursuant to clause (vi) of Section 8(a), the Company shall continue to pay to the Consultant Consultant's base payment (less any payments received by the Consultant from any disability income insurance policy provided to Consultant by the Company) and shall continue to provide health insurance benefits for the Consultant through the earlier of (a) the date that the Consultant has obtained other full-time engagement, or (b) three (3) months from the date of termination of engagement. If this Agreement is terminated pursuant to clauses (i), (ii) or (v) of Section 8(a), the Consultant's right to base payment and benefits shall immediately terminate, except as may otherwise be required by applicable law.

PAYMENT CONTINUATION. If the Consultant's engagement by the Company is terminated by the Company pursuant to clause (iii) or (iv) of Section 8(a) or by Consultant for Good Reason pursuant to clause (viv) of Section 8(a), the Company shall continue to pay to the Consultant Consultant's base payment (less any payments received by the Consultant from any disability income insurance policy provided to Consultant by the Company) and shall continue to provide health insurance benefits for the Consultant through the earlier of (a) the date that the Consultant has obtained other full-time engagement, or (b) three (3) months from the date of termination of engagement. If this Agreement is terminated pursuant to clauses (i), (ii) or (viv) of Section 8(a), the Consultant's right to base payment and benefits shall immediately terminate, except as may otherwise be required by applicable law.

PAYMENT CONTINUATION. If the ConsultantContractor's engagement by the Company is terminated by the Company pursuant to clause (iii) or (iv) of Section 8(a) or by Consultant Contractor for Good Reason pursuant to clause (viv) of Section 8(a), the Company shall continue to pay to the Consultant ConsultantContractor Contractor's base payment (less any payments received by the Consultant Contractor from any disability income insurance policy provided to Consultant Contractor by the Company) and shall continue to provide health insurance benefits for the Consultant Contractor through the earlier of (a) the date that the Consultant Contractor has obtained other full-time engagement, or (b) three (3) months from the date of termination of engagement. If this Agreement is terminated pursuant to clauses (i), (ii) or (viv) of Section 8(a), the ConsultantContractor's right to base payment and benefits shall immediately terminate, except as may otherwise be required by applicable law.