Common use of COMPENSATION AND PAYMENTS UPON TERMINATION Clause in Contracts

COMPENSATION AND PAYMENTS UPON TERMINATION. 5.01 The Executive shall be entitled to the following compensation from the Company (in lieu of all other sums payable to the Executive hereunder) upon the termination of Executive’s employment for reasons other than a change of control.

Appears in 11 contracts

Samples: Executive Employment Agreement (TransCoastal Corp), Executive Employment Agreement (TransCoastal Corp), Executive Employment Agreement (TransCoastal Corp)

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COMPENSATION AND PAYMENTS UPON TERMINATION. 5.01 The Executive shall be entitled to the following compensation from the Company (in lieu of all other sums payable to the Executive hereunder) upon the termination of Executive’s employment for reasons other than a change of controlemployment.

Appears in 8 contracts

Samples: Executive Employment Agreement (Frontier Oilfield Services Inc), Executive Employment Agreement (Frontier Oilfield Services Inc), Executive Employment Agreement (Frontier Oilfield Services Inc)

COMPENSATION AND PAYMENTS UPON TERMINATION. 5.01 The Executive shall be entitled to the following compensation from the Company Employer (in lieu of all other sums payable to the Executive hereunder) upon the termination of Executive’s employment for reasons other than a change of control's employment.

Appears in 2 contracts

Samples: Executive Employment Agreement (HSW International, Inc.), Executive Employment Agreement (Intac International Inc)

COMPENSATION AND PAYMENTS UPON TERMINATION. 5.01 The Executive shall be entitled to the following compensation from the Company (in lieu of all other sums payable to the Executive hereunder) upon the termination of Executive’s employment for reasons other than a change of control's employment.

Appears in 2 contracts

Samples: Executive Employment Agreement (Fieldpoint Petroleum Corp), Executive Employment Agreement (Fieldpoint Petroleum Corp)

COMPENSATION AND PAYMENTS UPON TERMINATION. 5.01 The Executive shall be entitled to the following compensation from the Company Employer (in lieu of all other sums payable to the Executive hereunder) upon the termination of the Executive’s employment for reasons other than a change of control's employment.

Appears in 1 contract

Samples: Executive Employment Agreement (Commodore Minerals Inc)

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COMPENSATION AND PAYMENTS UPON TERMINATION. 5.01 The Executive shall be entitled to the following compensation from the Company (in lieu of all other sums payable to the Executive hereunder) upon the termination of Executive’s employment for reasons other than a change of controlChange in Control (as defined below).

Appears in 1 contract

Samples: Executive Employment Agreement (Baltia Air Lines Inc)

COMPENSATION AND PAYMENTS UPON TERMINATION. 5.01 The Executive shall be entitled to the following compensation from the Company (in lieu of all other sums payable to the Executive hereunder) upon the date of termination of Executive’s 's employment for reasons other than a change of control.(the "Termination Date"). -----------------

Appears in 1 contract

Samples: Executive Employment Agreement (Entech Solar, Inc.)

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