Common use of BENEFITS UPON EXPIRATION OF PERIOD OF EMPLOYMENT Clause in Contracts

BENEFITS UPON EXPIRATION OF PERIOD OF EMPLOYMENT. If the Company elects not to extend the Period of Employment pursuant to Section 2, unless the Executive's employment is earlier terminated pursuant to Sections 6 or 7, termination of the Executive's employment hereunder shall be deemed to occur at the close of business on the day immediately preceding the next anniversary of the Effective Date which occurs at least six (6) months after delivery of the non-extension notice in accordance with Section 2. If the Company elects not to extend the Period of Employment, upon the Executive's termination in accordance with the preceding sentence he will be entitled to receive:

BENEFITS UPON EXPIRATION OF PERIOD OF EMPLOYMENT. If the Company elects not to extend the Period of Employment pursuant to Section 2, unless the Executive's employment is earlier terminated pursuant to Sections 6 Section 5 or 76, termination of the Executive's employment hereunder shall be deemed to occur at the close of business on the day immediately preceding the next anniversary of the Effective Date which occurs at least six (6) months after delivery of the non-extension notice in accordance with Section 2. If the Company elects not to extend the Period of Employment, upon the Executive's termination in accordance with the preceding sentence he will be entitled to receive:only those benefits set forth in Section 7.2.1.

BENEFITS UPON EXPIRATION OF PERIOD OF EMPLOYMENT. If the Company elects not to extend the Period of Employment pursuant to Section 2, unless the Executive's employment is earlier terminated pursuant to Sections 6 or 7, termination of the Executive's employment hereunder shall be deemed to occur at the close of business on the day immediately preceding the next third anniversary of the Effective Date which occurs at least six (6) months after delivery of the non-extension notice in accordance with Section 2. If the Company elects not to extend the Period of Employment, upon the Executive's termination in accordance with the preceding sentence he will be entitled to receive: