Common use of Second Installment Clause in Contracts

Second Installment. In the event that the Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 35% of the Executive's weighted average base salary during the 12 month period ending on such second annual anniversary.

Appears in 2 contracts

Samples: Retention Bonus Agreement (Protocol Systems Inc/New), Retention Bonus Agreement (Protocol Systems Inc/New)

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Second Installment. In the event that the Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 3547% of the Executive's weighted average base salary during the 12 18 month period ending on such second annual anniversary.

Appears in 2 contracts

Samples: Retention Bonus Agreement (Protocol Systems Inc/New), Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive shall ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 35% of the Executive's weighted average base salary during the 12 month period ending on such second annual anniversary.

Appears in 1 contract

Samples: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 3525% of the Executive's weighted average base salary during the 12 month period ending on such second annual anniversary.

Appears in 1 contract

Samples: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive shall ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 3560% of the Executive's weighted average base salary during the 12 18 month period ending on such second annual anniversary.

Appears in 1 contract

Samples: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the ------------------ Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 3560% of the Executive's weighted average base salary during the 12 month period ending on such second annual anniversary.

Appears in 1 contract

Samples: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive shall ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 3547% of the Executive's weighted average base salary during the 12 18 month period ending on such second annual anniversary.

Appears in 1 contract

Samples: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the ------------------ Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 3580% of the Executive's weighted average base salary during the 12 18 month period ending on such second annual anniversary.

Appears in 1 contract

Samples: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 3560% of the Executive's weighted average base salary during the 12 18 month period ending on such second annual anniversary.

Appears in 1 contract

Samples: Retention Bonus Agreement (Protocol Systems Inc/New)

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Second Installment. In the event that the Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 3533% of the Executive's weighted average base salary during the 12 18 month period ending on such second annual anniversary.

Appears in 1 contract

Samples: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 3540% of the Executive's weighted average base salary during the 12 18 month period ending on such second annual anniversary.

Appears in 1 contract

Samples: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive shall ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 3545% of the Executive's weighted average base salary during the 12 month period ending on such second annual anniversary.

Appears in 1 contract

Samples: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 3545% of the Executive's weighted average base salary during the 12 month period ending on such second annual anniversary.

Appears in 1 contract

Samples: Retention Bonus Agreement (Protocol Systems Inc/New)

Second Installment. In the event that the Executive ------------------ shall have been employed continuously by the Company during the period from the date of this Agreement through the second annual anniversary of the Effective Date, then the Company shall pay the Executive on the second annual anniversary of the Effective Date an amount equal to 3530% of the Executive's weighted average base salary during the 12 month period ending on such second annual anniversary.

Appears in 1 contract

Samples: Retention Bonus Agreement (Protocol Systems Inc/New)

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