Common use of Termination Pay Clause in Contracts

Termination Pay. Effective upon the termination of this Agreement, the Employer will be obligated to pay the Executive (or, in the event of his death, his designated beneficiary as defined below) the compensation provided in this Section 6.2:

Appears in 11 contracts

Samples: Employment Agreement (CannLabs, Inc.), Employment Agreement (Radiant Logistics, Inc), Employment Agreement (DDS Technologies Usa Inc)

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Termination Pay. Effective upon the termination of this Agreement, the Employer will be obligated to pay the Executive (or, in the event of his death, his designated beneficiary as defined below) the compensation provided in this Section 6.26.4:

Appears in 5 contracts

Samples: Employment Agreement (Net Value Holdings Inc), Employment Agreement (Net Value Holdings Inc), Employment Agreement (Net Value Holdings Inc)

Termination Pay. Effective upon the termination of this Agreement, the Employer will be obligated to pay the Executive (or, in the event of his her death, his her designated beneficiary as defined below) the compensation provided in this Section 6.2:

Appears in 5 contracts

Samples: Employment Agreement (CannLabs, Inc.), Employment Agreement (CannLabs, Inc.), Employment Agreement (DDS Technologies Usa Inc)

Termination Pay. Effective upon the termination of this Agreement, the Employer will be obligated to pay the Executive (or, in the event of his death, his designated beneficiary as defined below) the compensation provided in this Section 6.25.2:

Appears in 3 contracts

Samples: Employment Agreement (Armada Water Assets Inc), Employment Agreement (Armada Water Assets Inc), Employment Agreement (Armada Water Assets Inc)

Termination Pay. Effective upon the termination of this Agreement, the Employer will be obligated to pay the Executive (or, in the event of his death, his designated beneficiary as defined below) the only such compensation as is provided in this Section 6.2:6.5, and in lieu of all other amounts and in settlement and complete release of all claims the Executive may have against the Employer. For purposes of this Section 6.5, the Executive's designated beneficiary will be such individual beneficiary or trust, located at such address, as

Appears in 1 contract

Samples: Employment Agreement (Gunther International LTD)

Termination Pay. Effective upon the termination of Executive’s employment under this Agreement, which termination constitutes a separation from service as defined in Treasury Regulations § 1.409A-1(h), as promulgated under Section 409A of the Code, the Employer will be obligated to pay the Executive (or, in the event of his death, his designated beneficiary as defined below) the compensation provided in this Section 6.2:

Appears in 1 contract

Samples: Radiant Logistics, Inc

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Termination Pay. Effective upon the termination of this AgreementExecutive's employment, the Employer will be obligated to pay the Executive (or, in the event of his death, his designated beneficiary as defined below) the compensation provided in this Section 6.2:

Appears in 1 contract

Samples: Employment Agreement (Stonepath Group Inc)

Termination Pay. Effective upon the termination of this Agreement, the Employer will be obligated to shall pay the Executive (or, in the event of his death, his designated beneficiary beneficiary) such compensation as defined below) the compensation is provided in this Section 6.2:8.5.

Appears in 1 contract

Samples: Employment Agreement (Media Arts Group Inc)

Termination Pay. Effective upon the termination of this Agreement, the Employer will be obligated to pay Basic Compensation to the Executive (or, in the event of his death, his designated beneficiary beneficiary) only as defined below) the compensation provided in this Section 6.2follows:

Appears in 1 contract

Samples: Employment Agreement (Shaw Industries Inc)

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