Effect of Termination of Employment Period; Post-Termination Benefits. Upon the termination of the Employment Period in accordance with Section 4.01 of this Agreement, the Executive's obligation to render to the Employer the services described in Section 1.03 of this Agreement shall cease and the Employer shall pay the Executive or, in the event of his death while amounts remain payable hereunder, his Designated Beneficiary (as defined in this Section 4.05), if at all, as follows:
Appears in 3 contracts
Samples: Executive Employment Agreement (Marshall Brian), Executive Employment Agreement (Home Solutions of America Inc), Executive Employment Agreement (Home Solutions of America Inc)
Effect of Termination of Employment Period; Post-Termination Benefits. Upon the termination of the Employment Period in accordance with Section 4.01 of this Agreement, the Executive's obligation to render to the Employer the services described in Section 1.03 of this Agreement shall cease (although the Term shall not terminate), and the Employer shall pay the Executive or, in the event of his death while amounts remain payable hereunder, his Designated Beneficiary (as defined in this Section 4.05), if at all, as follows:
Appears in 2 contracts
Samples: Executive Employment Agreement (Home Solutions of America Inc), Executive Employment Agreement (Home Solutions of America Inc)
Effect of Termination of Employment Period; Post-Termination Benefits. Upon the termination of the Employment Period in accordance with Section 4.01 of this Agreement, the ExecutiveEmployee's obligation to render to the Employer the services described in Section 1.03 of this Agreement shall cease cease, and the Employer shall pay the Executive Employee or, in the event of his death while amounts remain payable hereunder, his Designated Beneficiary (as defined in this Section 4.054.04), if at all, as follows:
Appears in 1 contract
Effect of Termination of Employment Period; Post-Termination Benefits. Upon the termination of the Employment Period employment period in accordance with this Section 4.01 of this the Agreement, the Executive's Employee’s obligation to render to the Employer the services described in Section 1.03 2 of this Agreement shall cease and the Employer shall pay the Executive Employee or, in the event of his death while amounts remain payable hereunder, his Designated Beneficiary (as defined in this Section 4.05), if at all“designated beneficiary”, as follows:
Appears in 1 contract
