Common use of Expiration of Term of Agreement Clause in Contracts

Expiration of Term of Agreement. In the event Executive’s employment is terminated by the Company at the end of the Term, Executive shall receive an amount equal to Executive’s base salary, payable in accordance with the Company’s normal payroll practices over a period of twelve (12) months after such termination in accordance with Section 4(g).

Appears in 2 contracts

Samples: Employment Agreement (SciPlay Corp), Employment Agreement (Scientific Games Corp)

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Expiration of Term of Agreement. In the event Executive’s employment is terminated by the Company at the end of the Term, Executive shall receive an amount equal to Executive’s base salary, payable in accordance with the Company’s normal payroll practices over a period of twelve (12) months after such termination in accordance with Section 4(g4(h), plus accelerated vesting of unvested equity as would have been provided pursuant to Section 4(e)(v) in the event of termination by the Company without Cause or by Executive for Good Reason.

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

Expiration of Term of Agreement. In the event Executive’s employment is terminated by the Company at the end of the Term, Executive shall receive an amount equal to Executive’s base salary, payable in accordance with the Company’s normal payroll practices over a period of twelve (12) months after such termination in accordance with Section 4(g4(h), plus accelerated vesting of unvested equity as would have been provided pursuant to Section 4(e)(v) in the event of termination by the Company without cause or by Executive for Good Reason.

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

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Expiration of Term of Agreement. In the event Executive’s employment is terminated by the Company at the end of the Term, Executive shall receive an amount equal to Executive’s base salary, payable in accordance with the Company’s normal payroll practices over a period of twelve (12) months after such termination in accordance with Section 4(g).

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

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