Failure to Relocate. If the Executive's employment hereunder is Terminated for Failure to Relocate, (i) the Executive's Base Salary and other benefits specified in Section 3 hereof (other than any bonus) shall be paid or provided through the Date of Termination, (ii) the Company shall pay the Executive, within ten days following the Date of Termination, (x) a cash amount equal to 100% of his then Base Salary and, (y) the Earned Bonus, if any, provided that (1) a Prior Year has been completed and the Executive has already earned the Earned Bonus and (2) the Executive's employment is terminated by the Executive for Failure to Relocate in the year after the Prior Year but before the Earned Bonus has been paid to the Executive.
Appears in 7 contracts
Samples: Employment Agreement (Mining Services International Corp/), Employment Agreement (Mining Services International Corp/), Employment Agreement (Mining Services International Corp/)
