Common use of Expiration of the Employment Period Clause in Contracts

Expiration of the Employment Period. If Executive’s employment shall be terminated by reason of the expiration of the Employment Period as result of the Company’s non-extension, then the Company will provide Executive with the Accrued Obligations , the Prorated Bonus and continued payment of Base Salary for a period of six months in accordance with the Company’s payroll practices (the “Salary Continuation”). If Executive’s employment shall be terminated by reason of the expiration of the Employment Period as result of the Executive’s non-extension, then the Company will provide Executive with the Accrued Obligations. Thereafter, in either event, the Company shall have no further obligation to Executive or his legal representatives.

Expiration of the Employment Period. If Executive’s employment shall be terminated by reason of the expiration of the Employment Period as result of the Company’s non-extension, then the Company will provide Executive with the Accrued Obligations Obligations, the Prorated Bonus and the greater of (i) continued payment of Base Salary for a period of six months in accordance with the Company’s payroll practices (the “Salary Continuation”)) and (ii) amounts due under applicable law. If Executive’s employment shall be terminated by reason of the expiration of the Employment Period as result of the Executive’s non-extension, then the Company will provide Executive with the Accrued Obligations. Thereafter, in either event, the Company shall have no further obligation to Executive or his legal representatives.

Expiration of the Employment Period. If Executive’s employment shall be terminated by reason of the expiration of the Employment Period as result of the Company’s non-extension, then the Company will provide Executive with the Accrued Obligations Obligations, the Prorated Bonus and the greater of (i) continued payment of Base Salary for a period of six months in accordance with the Company’s payroll practices (the “Salary Continuation”)) and (ii) amounts due under applicable laws. If Executive’s employment shall be terminated by reason of the expiration of the Employment Period as result of the Executive’s non-extension, then the Company will provide Executive with the Accrued Obligations. Thereafter, in either event, the Company shall have no further obligation to Executive or his legal representatives.