The Termination Payment. (c) Termination by the Employer of the Employment Period for Cause (as defined below), in which event the Employment Period shall terminate as of his last day of employment. In the event of the termination of the Employment Period pursuant to this Section 3(c), the Employer shall promptly pay to the Employee a lump sum in cash equal to the Accrued Obligations. For purposes of this Agreement, "
Appears in 4 contracts
Samples: Agreement (Mikasa Inc), Employment Agreement (Mikasa Inc), Employment Agreement (Mikasa Inc)