Common use of Elective Termination Clause in Contracts

Elective Termination. i. If Employee's employment is terminated by the Company pursuant to Section 4.d., the Company shall pay to Employee the salary and benefits (but not incentive compensation) otherwise payable to him under Section 3 for a period of six months from the last day of his actual employment by the Company.

Elective Termination. i. If Employee's employment is terminated by the Company pursuant to Section 4.d., the Company shall pay to Employee the salary and benefits (but not incentive compensation) otherwise payable to him under Section 3 for a period of six months from the last day of his actual employment by the Company.