Common use of Compensation Upon Termination by the Company Other Than for Cause Clause in Contracts

Compensation Upon Termination by the Company Other Than for Cause. If the Company terminates the Executive’s employment hereunder without “Cause,” the Company shall pay the Executive a severance payment equal to twelve (12) months of his Base Salary then in effect (paid as salary continuation for the twelve months following the notice of termination), plus the pro-rata portion of the target bonus determined pursuant to Section 5.2(c)(iii).

Compensation Upon Termination by the Company Other Than for Cause. If the Company terminates the Executive’s employment hereunder without “Cause,” the Company shall pay the Executive a severance payment equal to twelve twenty-four (1224) months of his Base Salary then in effect (paid as salary continuation for the twelve twenty-four months following the notice of termination), plus the pro-rata portion of the target bonus determined pursuant to Section 5.2(c)(iii).