Common use of Base Salary and Payment Schedule Clause in Contracts

Base Salary and Payment Schedule. The Company shall pay Executive an amount equal to the greater of: (A) Executive’s Base Salary, at the rate then in effect, otherwise payable through the term of this Agreement; or (B) Executive’s Base Salary, at the rate then in effect, for one year. Such payment shall be made to Executive in a lump sum within 30 days following the date of Executive’s termination of employment.

Appears in 6 contracts

Samples: Executive Employment Agreement (GameStop Corp.), Executive Employment Agreement (GameStop Corp.), Executive Employment Agreement (GameStop Corp.)

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Base Salary and Payment Schedule. The Company shall pay Executive an amount equal to the greater of: (A) Executive’s 's Base Salary, at the rate then in effect, Salary otherwise payable through the term of this Agreement; or (B) Executive’s 's Base Salary, at the rate then in effect, Salary for one year. Such payment shall be made to Executive in a lump sum within 30 days following the date of Executive’s 's termination of employment.

Appears in 3 contracts

Samples: Executive Employment Agreement (GameStop Corp.), Executive Employment Agreement (Gamestop Corp), Executive Employment Agreement (Gamestop Corp)

Base Salary and Payment Schedule. The Company shall pay Executive an amount equal to the greater of: (A) Executive’s Base Salary, at the rate then in effect, Salary otherwise payable through the term Remaining Term of this Agreement; or (B) Executive’s Base Salary, at the rate then in effect, for one year. Such payment shall be made to Executive in a lump sum within 30 days on the first day of the seventh (7th) month following the date of Executive’s termination of employment.

Appears in 2 contracts

Samples: Executive Employment Agreement (FelCor Lodging Trust Inc), Executive Employment Agreement (FelCor Lodging Trust Inc)

Base Salary and Payment Schedule. The Company shall pay Executive an amount equal to the greater of: (A) Executive’s Base Salary, at the rate then in effect, Salary otherwise payable through the term of this Agreement; or (B) Executive’s Base Salary, at the rate then in effect, Salary for one year. Such payment shall be made to Executive in a lump sum within 30 days following the date of Executive’s termination of employment.

Appears in 2 contracts

Samples: Executive Employment Agreement (GameStop Corp.), Executive Employment Agreement (GameStop Corp.)

Base Salary and Payment Schedule. The Company shall pay Executive an amount equal to the greater of: of (A) Executive’s Base Salary, at the rate then in effect, otherwise payable through the term of this Agreement; , or (B) Executive’s Base Salary, at the rate then in effect, for one year. Such payment shall be made to Executive in a lump sum of cash within 30 days following the date of Executive’s termination of employment.

Appears in 1 contract

Samples: Executive Employment Agreement (GameStop Corp.)

Base Salary and Payment Schedule. The Company shall pay Executive an amount equal to the greater of: (A) Executive’s Base Salary, at the rate then in effect, otherwise payable through the term third anniversary of this Agreement; or the Effective Date (Bthe foregoing shall not decrease the two and one-half (2½) Executive’s Base Salary, at the rate then multiplier set forth in effect, for one year11(d)). Such payment shall be made to Executive in a lump sum within 30 days following the date of Executive’s termination of employment.

Appears in 1 contract

Samples: Executive Employment Agreement (GameStop Corp.)

Base Salary and Payment Schedule. The Company shall pay Executive an amount equal to the greater of: (A) Executive’s Base Salary, at the rate then in effect, otherwise payable through the term of this Agreement; or (B) Executive’s Base Salary, at the rate then in effect, for one yeartwo (2) years. Such payment shall be made to Executive in a lump sum within 30 days following the date of Executive’s termination of employment.

Appears in 1 contract

Samples: Executive Employment Agreement (GameStop Corp.)

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Base Salary and Payment Schedule. The Company shall pay Executive an amount equal to the greater of: of (A) Executive’s Base Salary, at the rate then in effect, otherwise payable through the term end of this Agreement; the Initial Term or the then current Renewal Term, as the case may be, or (B) Executive’s Base Salary, at the rate then in effect, for one year. Such payment shall be made to Executive in a lump sum of cash within 30 days following the date of Executive’s termination of employment.

Appears in 1 contract

Samples: Executive Employment Agreement (GameStop Corp.)

Base Salary and Payment Schedule. The Company Employer shall pay the Executive an amount equal to eighteen (18) months of the greater of: (A) Executive’s Annual Base Salary, at the rate then Salary in effect, otherwise payable through the term of this Agreement; or (B) Executive’s Base Salary, at the rate then in effect, for one year. Such payment shall be made effect immediately prior to Executive in a lump sum within 30 days following the date of Executive’s termination of employment. Such amount shall be paid as a lump-sum payment no later than sixty (60) days following the date of the Executive’s termination of employment.

Appears in 1 contract

Samples: Executive Severance Agreement (US Foods Holding Corp.)

Base Salary and Payment Schedule. The Company shall pay Executive an amount equal to 2.5 times the greater of: sum of (Ai) Executive’s then-current Base Salary, at the rate then in effect, otherwise payable through the term of this Agreement; or Salary and (Bii) Executive’s Base Salary, at the rate then in effect, for one yearthen-current target annual bonus. Such payment shall be made to Executive in a lump sum within 30 on a date not more than forty-five days following the date Date of Executive’s termination of employmentTermination.

Appears in 1 contract

Samples: Executive Employment Agreement (FelCor Lodging Trust Inc)

Base Salary and Payment Schedule. The Company shall pay Executive an amount equal to the greater of: of (A) Executive’s Base Salary, at the rate then in effect, Salary otherwise payable through the term of this Agreement; , or (B) Executive’s Base Salary, at the rate then in effect, Salary for one year. Such payment shall be made to Executive in a lump sum of cash within 30 days following the date of Executive’s termination of employment.

Appears in 1 contract

Samples: Executive Employment Agreement (GameStop Corp.)

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