Common use of Compensation During the Employment Period Clause in Contracts

Compensation During the Employment Period. During the Employment Period, the Executive shall be compensated as follows: (a) he shall receive a monthly base salary which is not less than the monthly base salary which was received in the month immediately prior to the commencement of the Employment Period; (b) for the fiscal year in which the Change in Control occurs, he shall be entitled to a bonus which will be calculated in a manner consistent with the Company’s practice with respect to the Executive prior to the Change in Control; (c) for fiscal years following the fiscal year in which the Change in Control occurs, he shall be entitled to a bonus which will be calculated in a manner that is comparable to the manner that is used for calculating the bonus for other similarly situated employees of the Company; and (d) he shall be entitled to receive employee benefits (including, but not limited to, tax-qualified pension and savings plan benefits, medical insurance, disability income protection, life insurance coverage and death benefits) and perquisites which are not materially less favorable to the Executive than the employee benefits and perquisites provided to other similarly situated employees of the Company from time to time after the Change in Control.

Compensation During the Employment Period. During the Employment Period, the Executive shall be compensated as follows: (a) he shall receive a monthly base salary which is not less than the monthly base salary which was received in the month immediately prior to the commencement of the Employment Period; (b) for the fiscal year in which the Change in Control occurs, he shall be entitled to a bonus which will be calculated in a manner consistent with the Company’s 's practice with respect to the Executive prior to the Change in Control; (c) for fiscal years following the fiscal year in which the Change in Control occurs, he shall be entitled to a bonus which will be calculated in a manner that is comparable to the manner that is used for calculating the bonus for other similarly situated employees of the Company; and (d) he shall be entitled to receive employee benefits (including, but not limited to, tax-qualified pension and savings plan benefits, medical insurance, disability income protection, life insurance coverage and death benefits) and perquisites which are not materially less favorable to the Executive than the employee benefits and perquisites provided to other similarly situated employees of the Company from time to time after the Change in Control.