Common use of Base Salary Payment Clause in Contracts

Base Salary Payment. If the Executive dies, or becomes Disabled, or if the Company terminates the Executive’s employment Without Cause prior to the occurrence of a Change in Control, or if the Executive resigns because of a Breach by the Company of this Agreement, then in each case the Executive (or his heirs or executors) shall be entitled to receive the Executive’s Base Salary for a period of twelve (12) months.

Appears in 1 contract

Samples: Employment Agreement (Cavco Industries Inc)

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Base Salary Payment. If the Executive dies, or becomes Disabled, or if the Company terminates the Executive’s 's employment Without Cause prior to the occurrence of a Change in Control, or if the Executive resigns because of a Breach by the Company of this Agreement, then in each case the Executive (or his heirs or executors) shall be entitled continue to receive the Executive’s his Base Salary for a period each fiscal year under the remaining Term of twelve (12) monthsthis Agreement and the Average Bonus for such year(s), plus an additional year of Base Salary, an Average Bonus and health insurance for such additional year.

Appears in 1 contract

Samples: Employment Agreement (Cavco Industries Inc)

Base Salary Payment. If the Executive dies, or becomes Disabled, or if the Company terminates the Executive’s employment Without Cause prior to the occurrence of a Change in Control, or if the Executive resigns because of a Breach by the Company of this Agreement, then in each case the Executive (or his heirs or executors) shall be entitled continue to receive the Executive’s his Base Salary for a period each fiscal year under the remaining Term of twelve (12) monthsthis Agreement and the Average Bonus for such year(s), plus an additional year of Base Salary, an Average Bonus and health insurance for such additional year.

Appears in 1 contract

Samples: Employment Agreement (Cavco Industries Inc)

Base Salary Payment. If the Executive dies, or becomes Disabled, or if the Company terminates the Executive’s 's employment Without Cause prior to the occurrence of a Change in Control, or if the Executive resigns because of a Breach by the Company of this Agreement, then in each case the Executive (or his heirs or executors) shall be entitled to receive the Executive’s 's Base Salary for a period of twelve (12) months.

Appears in 1 contract

Samples: Employment Agreement (Cavco Industries Inc)

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Base Salary Payment. If the Executive dies, or becomes Disabled, or if the Company terminates the Executive’s employment Without Cause prior to the occurrence of a Change in Control, or if the Executive resigns because of a Breach by the Company of this Agreement, then in each case the Executive (or his heirs or executors) shall be entitled to receive the Executive’s Base Salary for a period of twelve six (126) months.

Appears in 1 contract

Samples: Employment Agreement (Cavco Industries Inc)

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