Common use of Benefits Upon Termination of Employment Clause in Contracts

Benefits Upon Termination of Employment. on or after a Change in Control. In the event that your employment with the Company terminates under the circumstances described in Section 4, you shall be entitled to the benefits described below: (a) Leap shall pay to you your full base salary, when due, through the Date of Termination at the rate in effect at the time Notice of Termination is given, at the time specified in Section 5(g), plus all other amounts to which you are entitled under any compensation or benefit plan of the Company at the time such payments or benefits are due. (b) In lieu of any further salary or other payments to you for periods subsequent to the Date of Termination, Leap shall pay to you, at the time specified in Section

Appears in 7 contracts

Samples: Change in Control Agreement (Leap Wireless International Inc), Change in Control Agreement (Leap Wireless International Inc), Change in Control Agreement (Leap Wireless International Inc)

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