Common use of Emergence Payments Clause in Contracts

Emergence Payments. If the Executive participated in the key employee retention program, the Executive shall receive the amounts, if any, approved and not yet paid under the Order entered in the U.S. Bankruptcy Court on May 6, 2004, immediately upon the Company's emergence from bankruptcy pursuant to its Plan of Reorganization.

Emergence Payments. If the Executive participated in the key employee retention program, the Executive shall receive the amounts, if any, approved and not yet paid under the Order entered in the U.S. Bankruptcy Court on May 6, 2004, immediately upon the Company's ’s emergence from bankruptcy pursuant to its Plan of Reorganization.