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Common use of CONTRACT BENEFITS Clause in Contracts

CONTRACT BENEFITS. Executive or his Beneficiary shall be ----------------- entitled to receive payment of ninety days' Salary, less applicable withholding, in a lump sum within sixty (60) days after the termination date of Executive's employment under this Section 5.

Appears in 2 contracts

Samples: Employment Contract (Transitional Hospitals Corp), Employment Contract (Transitional Hospitals Corp)

CONTRACT BENEFITS. Executive or his her Beneficiary shall be ----------------- entitled to receive payment of ninety days' Salary, less applicable withholding, in a lump sum within sixty (60) days after the termination date of Executive's employment under this Section 5.

Appears in 2 contracts

Samples: Employment Agreement (Transitional Hospitals Corp), Employment Contract (Transitional Hospitals Corp)