Common use of Salary Equivalent Clause in Contracts

Salary Equivalent. Fairfax, C&F or the Companies shall pay Executive an amount equal to Executive’s Base Salary as of the Termination Date, for a period of thirty-six (36) months from the Termination Date. Payments pursuant to this Subsection 5.2(i) shall be at such times and in accordance with such procedure as apply to payments governed by Subsection 3.1.

Appears in 6 contracts

Samples: Employment Agreement (Crum & Forster Holdings Corp), Employment Agreement (Crum & Forster Holdings Corp), Employment Agreement (Crum & Forster Holdings Corp)

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Salary Equivalent. Fairfax, C&F or the Companies shall pay Executive an amount equal to Executive’s 's Base Salary as of the Termination Date, for a period of thirty-six (36) months from the Termination Date. Payments pursuant to this Subsection 5.2(i) shall be at such times and in accordance with such procedure as apply to payments governed by Subsection 3.1.

Appears in 2 contracts

Samples: Employment Agreement (Crum & Forster Holdings Corp), Employment Agreement (Crum & Forster Holdings Corp)

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