Companys Obligations Upon Termination. The sole obligations of the Company upon the termination of Executive's employment are as set forth in this Section 7. Any and all amounts to be paid to Executive in connection with Executive's termination shall be paid, at Executive's election, either: (a) in a lump sum promptly after the Termination Date, and not more than 30 days thereafter, or (b) as salary continuation for a period identified by the number of years' salary to be paid as severance.
Appears in 3 contracts
Samples: Employment Agreement (Latitude Solutions, Inc.), Employment Agreement (Latitude Solutions, Inc.), Employment Agreement (Latitude Solutions, Inc.)
Companys Obligations Upon Termination. The sole obligations of the Company upon the termination of Executive's ’s employment are as set forth in this Section 7. Any and all amounts to be paid to Executive in connection with Executive's ’s termination shall be paid, at Executive's ’s election, either: (a) in a lump sum promptly after the Termination Date, and not more than 30 days thereafter, or (b) as salary continuation for a period identified by the number of years' salary to be paid as severance.
Appears in 1 contract
Samples: Employment Agreement (Ssgi, Inc.)
