Continuing Payments. In the event any of the events described in this Section 6 should occur during the term of this Agreement, and result in payments to the Executive which would in their normal course continue beyond the term of this Agreement, such payments shall be made at such times and in such amounts as if the term of this Agreement had not expired.
Continuing Payments. Tenant shall pay Landlord the sum of $3,216,816.40 in accordance with the schedule attached hereto as Exhibit “A.”
Continuing Payments. (i) If this Agreement is terminated for any reason and Customers introduced to FIMAT by lB remain Customers of FIMAT thereafter, FIMAT shall continue to make Continuing Payments (as defined below) to IB as long as such Customers remain Customers of FIMAT or any affiliate thereof.
(ii) If, during the term of this Agreement, any Customer of IB introduced to FIMAT by IB chooses to terminate its relationship with IB and enter into a direct relationship with FIMAT, FIMAT shall continue to make Continuing Payments to IB for as long as such Customer remains a Customer of FIMAT or any affiliate thereof.
Continuing Payments. An amount equal to Executive’s Base Salary payments times 2.9 years. All such payments to be made within 90 days of termination; plus
Continuing Payments. BIOCHEM and SP shall share Profit with [***] going to BIOCHEM and [***] going to SP; provided, however, after the second anniversary of the First Commercial Sale on a country-by-country basis, the share of Profit payable to SP shall never be less than [***] of Gross Profit.
Continuing Payments. Assignee shall on each of the first through the seventh annual anniversary of the Assignment Date, pay Assignor the sum of $4,800.
Continuing Payments. If Executive's employment is terminated pursuant to paragraph 5.01.1, 5.01.2, 5.01.3, 5.01.4, 5.01.5, 5.01.6 or 5.01.7, then upon such termination or nonrenewal Northwest shall have no further obligation or liability to Executive whatsoever, except for accrued benefits and any compensation earned through Executive's last day of employment. If Executive's employment is terminated pursuant to paragraph 5.01.8 or nonrenewed by Northwest pursuant to paragraph 2.01, then Northwest's only liability or obligation to Executive shall be:
(1) for accrued benefits and (2) the greater of (i) Executive's base salary as defined in paragraph 2.03.1, at regular intervals, for the unexpired initial term of employment or, if the Agreement has been renewed, for the unexpired portion of such one-year renewal term, or (ii) the one-year period described in paragraph 4.01 above, so long as Executive abides by the restrictions contained in 4.01 during such one-year period.
Continuing Payments. Subject to the provisions of this Section 1(a) and Section 15, the Company agrees to pay Employee a total of four hundred and ninety thousand dollars ($490,000.00), less applicable withholdings, until February 28, 2019 (the “Severance Period”), starting from the first regular payroll date following the Effective Date, in accordance with the Company’s regular payroll practices. Any payments that Employee would have received from the Employment Termination Date through the Effective Date will be included in the first payment made to the Employee following the Effective Date and pursuant to this Section. Without limiting the Company’s rights or remedies in any way, Employee’s right to receive the severance payments under this Section 1(a) is conditioned on Employee complying with the terms and conditions of this Agreement and the Confidentiality Agreement.
Continuing Payments. After the end of the payment period specified in the Allotment Notice and any amendments thereto, it is acknowledged that WCSSA#1’s obligation to pay CUWCD for the Project Water Development Costs shall end. The parties will renegotiate the rates to be charged by CUWCD to WCSSA#1 to reflect the end of those costs. The parties also acknowledge that at the end of the payment period, many project components will have reached the end of their working life and will need to be replaced in order to supply the water that WCSSA#1 has the right to utilize while this Contract is in effect. The renegotiated rates will need to provide for the funding required for the continued OM&R of the Project Works.
Continuing Payments. In consideration of the foregoing, and the other agreements and undertakings of Employee contained herein, and in full accord, satisfaction and discharge of any and all obligations, agreements (including the Employment Agreement), commitments and understandings, the Company shall for the period commencing on the Effective Date and ending on March 31, 1996 (the "Payment Period"):
a. Pay Employee the sum of $215,193, payable at the intervals at which executive officers of the Company receive salary payments, less any taxes and other deductions required to be withheld by law.
b. Provide Employee and his family with the full health, life and accident and disability insurance benefits presently made available by the Company to the Employee in accordance with the Employment Agreement. c Permit Employee continued use of the Company-owned car presently driven by Employee, and pay all insurance, maintenance and repair and all other costs and expenses (including the cost of gasoline) of such automobile resulting from Employee's use of it.
