Benefits upon Termination After a Change of Control. If after a Change of Control the Employee’s employment terminates as a result of Involuntary Termination prior to June 15, 2007 and the Employee signs and does not revoke a Release of Claims, then the Company shall pay the Employee’s Base Compensation on a salary continuation basis in accordance with the Company’s normal payroll practices to the Employee for six (6) months from the Termination Date. The Employee shall not be entitled to receive any payments if the Employee voluntarily terminates employment other than as a result of an Involuntary Termination.
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Samples: Employment Severance Agreement (Cost Plus Inc/Ca/), Employment Severance Agreement (Cost Plus Inc/Ca/)
Benefits upon Termination After a Change of Control. If after a Change of Control the Employee’s employment terminates as a result of Involuntary Termination prior to June 15, 2007 2005 and the Employee signs and does not revoke a Release of Claims, then the Company shall pay the Employee’s Base Compensation on a salary continuation basis in accordance with the Company’s normal payroll practices to the Employee for six nine (69) months from the Termination DateDate with each monthly installment payable on the last day of such month. The Employee shall not be entitled to receive any payments if the Employee voluntarily terminates employment other than as a result of an Involuntary Termination.
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Benefits upon Termination After a Change of Control. If after a Change of Control the Employee’s employment terminates as a result of Involuntary Termination prior to June 15, 2007 2008 and the Employee signs and does not revoke a Release of Claims, then the Company shall pay the Employee’s Base Compensation on a salary continuation basis in accordance with the Company’s normal payroll practices to the Employee for six eighteen (618) months from the Termination Date. The Employee shall not be entitled to receive any payments if the Employee voluntarily terminates employment other than as a result of an Involuntary Termination.
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Benefits upon Termination After a Change of Control. If after a Change of Control the Employee’s employment terminates as a result of Involuntary Termination prior to June 15, 2007 2008 and the Employee signs and does not revoke a Release of Claims, then the Company shall pay the Employee’s Base Compensation on a salary continuation basis in accordance with the Company’s normal payroll practices to the Employee for six (6) months from the Termination Date. The Employee shall not be entitled to receive any payments if the Employee voluntarily terminates employment other than as a result of an Involuntary Termination.
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