Common use of Expiration Payments Clause in Contracts

Expiration Payments. In the event the Executive’s employment is not continued with Employer beyond the Expiration Date on mutually agreeable terms and conditions, the Employer shall continue to pay Executive a salary at the rate in effect at the Expiration Date for a period of six months on the same periodic dates as salary payments would have been made to Executive had his employment continued. The provisions set forth in Section 6(e)(ii) also apply to the six-month post-expiration period.

Expiration Payments. In the event the Executive’s employment is not continued with Employer beyond the Expiration Date on mutually agreeable terms and conditions, the Employer shall continue to pay Executive a salary at the rate in effect at the Expiration Date for a period of six months on the same periodic dates as salary payments would have been made to Executive had his employment continued. The provisions set forth in Section 6(e)(ii6(e) (ii) also apply to the six-month post-expiration period.

Expiration Payments. In the event the Executive’s 's employment is ------------------- not continued with Employer beyond the Expiration Date on mutually agreeable terms and conditions, the Employer shall continue to pay Executive a salary at the rate in effect at the Expiration Date for a period of six months on the same periodic dates as salary payments would have been made to Executive had his employment continued. The provisions set forth in Section 6(e)(ii) also apply to the six-month post-expiration period.