Common use of Certain Other Terminations Clause in Contracts

Certain Other Terminations. If the Employment Period is terminated by Employer pursuant to the provisions of Sections 5.2 or 5.4, Employer shall pay to Executive, within thirty (30) days of the effective date of termination, Executive’s Base Salary through the date of termination. If the date of termination occurs after a Milestone has been achieved, Employer shall also pay to Executive, when due pursuant to provisions of Section 4.2 hereof, the Bonus for such Employment Year. Employer shall have no obligation to continue any other benefits provided for in Section 4 past the date of termination.

Appears in 4 contracts

Samples: Employment Agreement (Smart Move, Inc.), Employment Agreement (Smart Move, Inc.), Employment Agreement (Smart Move, Inc.)

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Certain Other Terminations. If the Employment Period is terminated by Employer pursuant to the provisions of Sections 5.2 or 5.4, Employer shall pay to Executive, within thirty (30) days of the effective date of termination, Executive’s 's Base Salary through the date of termination. If the date of termination occurs after a Milestone has been achieved, Employer shall also pay to Executive, when due pursuant to provisions of Section 4.2 hereof, the Bonus for such Employment Year. Employer shall have no obligation to continue any other benefits provided for in Section 4 past the date of termination.

Appears in 1 contract

Samples: Employment Agreement (National Auto Credit Inc /De)

Certain Other Terminations. If the Employment Period is terminated by Employer pursuant to the provisions of Sections Section 5.2 or 5.45.4 hereof, Employer shall pay to Executiveshall, within thirty (30) days of following the effective date of termination, Executive’s Base Salary pay to Executive (to the extent the same has not already been paid) his base salary through the effective date of termination. If the date of termination occurs after a Milestone has been achieved, Employer shall also pay to Executive, when due pursuant to provisions of Section 4.2 hereof, the Bonus for such Employment Year. Employer shall have no obligation to continue any other benefits provided for in Section 4 hereof or otherwise past the effective date of termination.

Appears in 1 contract

Samples: Employment Agreement (National Auto Credit Inc /De)

Certain Other Terminations. If the Employment Period is terminated by Employer pursuant to the provisions of Sections 5.2 or 5.4, Employer shall pay to Executive, within thirty (30) days of the effective date of termination, Executive’s 's Base Salary through the effective date of termination. If the effective date of termination occurs after a Milestone has been achieved, Employer shall also pay to Executive, when due pursuant due, subject to the provisions of Section Sections 4.2 and 4.3 hereof, the Bonus for such Employment Year. Employer shall have no obligation to continue any other benefits provided for in Section 4 past the effective date of termination, except as otherwise expressly provided in Section 6.1 above.

Appears in 1 contract

Samples: Employment Agreement (iDNA, Inc.)

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Certain Other Terminations. If the Employment Period is terminated by Employer pursuant to the provisions of Sections 5.2 or 5.4, Employer shall pay to Executive, within thirty (30) days of the effective date of termination, Executive’s Base Salary through the date of termination. If the date of termination occurs after a Milestone has been achieved, Employer shall also pay to Executive, when due pursuant to provisions of Section 4.2 hereof, the Bonus for such Employment Year. Employer shall have no obligation to continue any other benefits provided for in Section 4 past the date of termination.

Appears in 1 contract

Samples: Employment Agreement (Andatee China Marine Fuel Services Corp)

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