Common use of Severance Obligations Clause in Contracts

Severance Obligations. If (1) the Company terminates the Executive's --------------------- employment (other than pursuant to Paragraph 7(a), 7(d) or 7(e), or (2) the Executive terminates his employment pursuant to Paragraph 7(b), the Executive shall be entitled to the continuation of his Annual Salary for the greater of (i) one year from the date of such termination or (ii) the remainder of the Term, payable in equal installments in accordance with the Company's payroll policy from time to time in effect.

Appears in 4 contracts

Samples: Employment Agreement (Opinion Research Corp), Employment Agreement (Opinion Research Corp), Employment Agreement (Opinion Research Corp)

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