Common use of Basic Termination Entitlements Clause in Contracts

Basic Termination Entitlements. (a) Upon termination of the Executive’s employment for any reason, the Executive or the Executive’s estate shall be entitled to receive the following (“Basic Termination Entitlements”): (i) any accrued but unpaid Base Salary, and any amounts required by the British Columbia Employment Standards Act that accrued but were unpaid prior to termination, which shall be paid on the pay date immediately following the termination date in accordance with the Company’s customary payroll procedures; (ii) any earned but unpaid bonus, which shall be paid on the otherwise applicable payment date; provided that, if the Executive’s employment is terminated by the Company for Just Cause, then any such accrued but unpaid bonus shall be forfeited; and (iii) reimbursement for unreimbursed business expenses properly incurred by the Executive, which shall be subject to and paid in accordance with the Company’s expense reimbursement policy and the terms of Section 2.8 hereof. (b) Upon termination of the Executive’s employment for any reason the Executive’s entitlements under the Plan will be determined by the terms of that plan.

Basic Termination Entitlements. (a) Upon termination of the Executive’s employment for any reason, the Executive or the Executive’s estate shall be entitled to receive the following (“Basic Termination Entitlements”): (i) any accrued but unpaid Base Salary, and any amounts required by the British Columbia Employment Standards Act that accrued but were unpaid prior to termination, which shall be paid on the pay date immediately following the termination date in accordance with the Company’s customary payroll procedures; (ii) any earned but unpaid bonus, which shall be paid on the otherwise applicable payment date; provided that, if the Executive’s employment is terminated by the Company for Just Cause, then any such accrued but unpaid bonus shall be forfeited; and (iii) reimbursement for unreimbursed business expenses properly incurred by the Executive, which shall be subject to and paid in accordance with the Company’s expense reimbursement policy and the terms of Section 2.8 hereof. (b) Upon termination of the Executive’s employment for any reason the Executive’s entitlements under the Plan will be determined by the terms of that plan.