Common use of Effect of Termination on Compensation Clause in Contracts

Effect of Termination on Compensation. In the event of termination of employment, Employee shall be entitled to the compensation accrued and earned prior to the date of termination as provided for in this Article 3, computed pro-rata up to and including the date of termination. Employee shall be entitled to no further compensation and all benefits received by Employee from Employer, if any, shall cease.

Appears in 1 contract

Samples: Employment Agreement (Satellite Security Corp)

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Effect of Termination on Compensation. In the event of termination of employment, Employee shall be entitled to the compensation accrued and earned earned, and the reimbursement of expenses discussed in Section 3.01, prior to the date of termination as provided for in this Article 3, computed pro-rata rata, up to to, and including including, the date of termination. Other than as may be provided herein to the contrary, Employee shall be entitled to no further compensation and all benefits received by Employee from Employer, if any, shall ceasefollowing such date of termination.

Appears in 1 contract

Samples: Employment Agreement (China Redstone Group, Inc.)

Effect of Termination on Compensation. In the event of termination of employment, Employee shall be entitled to the compensation accrued and earned prior to the date of termination as provided for in this Article 3, computed pro-rata rata, up to to, and including including, the date of termination. Other than as may be provided herein to the contrary, Employee shall be entitled to no further compensation and all benefits received by Employee from Employer, if any, shall ceasefollowing such date of termination.

Appears in 1 contract

Samples: Employment Agreement (Deyu Agriculture Corp.)

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Effect of Termination on Compensation. In the event of termination of the employment, the Employee shall be entitled to the compensation accrued and earned prior to the date of termination as provided for in this Article 3, computed pro-rata up to and including the date of termination. Other than as may be provided herein to the contrary, Employee shall be entitled to no further compensation and all benefits received by Employee from Employer, if any, shall ceasefollowing such date of termination.

Appears in 1 contract

Samples: Employment Agreement (Deyu Agriculture Corp.)

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