Common use of Compensation Payable Clause in Contracts

Compensation Payable. Should your employment with Universal -------------------- terminate, you will be entitled to the amounts and benefits shown on the following table, subject to Paragraph 4(b) through 4(e). In the event of such termination, and except for payments noted in this Paragraph 4, Universal will have no further obligations to you under this Agreement. -------------------------------------------------------------------------------- Termination Involuntary Disability Death For Cause Termination -------------------------------------------------------------------------------- Payment of Same as for Your Base Salary Payment of (1) any (1) any termination will continue accrued but unpaid accrued but for Cause until the Base Salary due unpaid except that earliest of (1) you through your Base Salary your Base the 180th day date of death, and due you Salary and following the (2) other unpaid through benefits start of your amounts then due termination, (other than disability you under Company and (2) other benefits absence, or (2) benefit plans or unpaid provided your death and programs, except amounts then under (1) any will be reduced that those due you under plan by other payments will be Company qualified Company-provided made to your benefit plans under Section disability estate or legal or programs. 401(a) of the benefits representative, Internal available to and your death Revenue Code, you. Payment of benefits payable (2) any (1) any accrued due to your death nonqualified but unpaid Base under Company pension plan Salary due you employee benefit and (3) any through plans or programs stock or termination, and will also be paid. incentive (2) other unpaid based plan) amounts then due will also you under continue Company benefit through the plans or expiration of programs. the Term, provided you meet the requirements in Paragraph 5 and subject to the terms and conditions of each benefit plan. --------------------------------------------------------------------------------

Compensation Payable. Should your employment with Universal -------------------- terminate, you will be entitled to the amounts and benefits shown on the following table, subject to Paragraph Paragraphs 4(b) through 4(e4(f). In the event of such termination, and except for payments noted in this Paragraph 44 in general and 4(f) in particular if applicable, Universal will have no further obligations to you under this Agreement. -------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------- Termination For Cause Involuntary Disability Death For Cause Termination -------------------------------------------------------------------------------- Payment of ---------------------------------------------------------------------------------------------------- (1) any Same as for Your Base Salary Same as for termination Payment of (1) any (1) any termination will continue accrued accrued but unpaid accrued but termination for for Cause until the except that but unpaid Base Salary due unpaid Base Salary due you Cause except that your Base Salary will you through your date of through termination, your Base Salary continue until the death, and (2) a pro-rata and (2) other unpaid and benefits earliest of (1) the portion of your bonus for amounts then due you through your Base Salary your Base the (other than 180th day date of death, and due you Salary and following the (2) other unpaid through the year of your under Company benefit benefits provided start of your amounts then due termination, (other than disability you under Company termination and (23) other benefits plans or programs. under (1) any plan absence, or (2) your unpaid amounts then due qualified under death and will be you under Company benefit Section 401(a) of reduced by other plans or unpaid provided your death and programs, except amounts then under (1) any will be reduced that those due you under plan by other payments will be Company qualified the Internal Company-provided that those payments will Revenue Code, (2) disability benefits be made to your benefit plans under Section disability estate or any nonqualified available to you. legal or programs. 401(a) of the benefits representative, Internal available to and pension plan and Payment of a pro-rata your death Revenue Code, you. Payment of benefits payable (23) any (1) any accrued stock or portion of your bonus payable due to your death nonqualified but unpaid Base incentive based for the year of your under Company pension plan Salary due you employee plan) will also termination. benefit and (3) any through plans or programs stock or termination, and continue through will also be paid. incentive (2) other unpaid based plan) amounts then due will also you under continue Company benefit through the plans or expiration of programs. the Term, provided you meet the requirements in Paragraph 5 and subject to the terms and conditions of each benefit plan. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Compensation Payable. Should your employment with Universal -------------------- terminate, you will be entitled to the amounts and benefits shown on the following table, subject to Paragraph Paragraphs 4(b) through 4(e). In the event of such termination, and except for payments noted in this Paragraph 4, Universal will have no further obligations to you under this Agreement. -------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------- Termination Involuntary Disability Death For Cause Termination -------------------------------------------------------------------------------- Payment of Disability Death ---------------------------------------------------------------------------------------------------- (1) any Same as for Your Base Salary will Payment of (1) any (1) any termination will continue accrued accrued but unpaid accrued but termination for Cause continue until the but unpaid Base Salary due unpaid Base Salary due you Cause except that earliest of (1) the you through your date of through termination, your Base Salary your Base the 180th day date of following the death, and due you Salary (2) other and following the (2) other unpaid through and benefits start of your disability unpaid amounts then due termination, amounts then due you (other than disability you under Company and (2) other benefits absence, or (2) your you under Company benefit under Company benefit benefits provided death and will be plans or unpaid provided your death and programs, except amounts then plans or programs. under (1) any will be plan reduced by other that those due you under plan by other payments will be Company qualified under Company-provided be made to your benefit plans under Section disability estate or legal or programs. Section 401(a) of the disability benefits legal representative, and the Internal available to and you. your death benefits Revenue Code, you. Payment of benefits payable (2) any Payment of (1) any accrued payable due to your death any nonqualified accrued but unpaid Base under Company employee pension plan and Salary due you employee through benefit and plans or programs (3) any through plans or programs stock or termination, and (2) will also be paid. incentive (2) based other unpaid based amounts plan) amounts will also then due will also you under continue through Company benefit through the plans or the expiration of programs. the Term, provided you meet the requirements in Paragraph 5 and subject to the terms and conditions of each benefit plan. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Compensation Payable. Should your employment with Universal -------------------- terminate, you will be entitled to the amounts and benefits shown on the following table, subject to Paragraph Paragraphs 4(b) through 4(e). In the event of such termination, and except for payments noted in this Paragraph 4, Universal will have no further obligations to you under this Agreement. -------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------- Termination For Cause Involuntary Disability Death For Cause Termination -------------------------------------------------------------------------------- Payment of ---------------------------------------------------------------------------------------------------- (1) any Same as for Your Base Salary Same as for termination Payment of (1) any (1) any termination will continue accrued accrued but unpaid accrued but termination for for Cause until the except that but unpaid Base Salary due unpaid Base Salary due you Cause except that your Base Salary will you through your date of through termination, your Base Salary continue until the death, and (2) other and (2) other unpaid and benefits earliest of (1) the unpaid amounts then due amounts then due you through your Base Salary your Base the (other than 180th day date of death, and due you Salary and following the (2) other unpaid through you under Company benefit under Company benefit benefits provided start of your amounts then due terminationdisability plans or programs, except plans or programs. under (other than disability you under Company and (21) other benefits any absence, or (2) benefit plans or unpaid provided your that those payments will plan qualified death and programs, except amounts then under (1) any will be reduced that those due you under plan by other payments will be Company qualified Company-provided made to your benefit plans estate or under Section disability estate or reduced by other legal or programs. representative, and 401(a) of the benefits representative, Internal available to and Company-provided your death benefits Internal Revenue disability benefits payable due to your death Code, you. Payment of benefits payable (2) any (1) any accrued due available to your death nonqualified but unpaid Base you. under Company pension plan Salary due you employee nonqualified benefit and (3) any through plans or programs stock or termination, pension plan and will also be paid. . (3) any stock or incentive (2) other unpaid based plan) amounts then due will also you under continue Company benefit through the plans or expiration of programs. the Term, provided you meet the requirements in Paragraph 5 and subject to the terms and conditions of each benefit plan. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------