Fixed Annual Compensation and Additional Benefits Sample Clauses

Fixed Annual Compensation and Additional Benefits. Should the Term be terminated in accordance with the provisions of Sections 3.3.1 or 3.3.2 by reason of Employee's Death or Disability, Employee or his estate (as the case may be) shall have no right to any further Fixed Annual Compensation, any Additional Benefits or any other sums or benefits accruing to Employee hereunder; provided, however, that the sums identified in Section 3.3.2 hereof shall be paid to Employee on the terms set forth therein.
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Fixed Annual Compensation and Additional Benefits. Should the Term be terminated in accordance with the provisions of Paragraphs 3.3.1 or 3.3.2 by reason of Executive's death or Disability, Executive or her estate (as the case may be) shall be entitled to receive Fixed Annual Compensation, Supplemental Compensation and Incentive Compensation accrued through the date of her death or termination of Executive's employment as a result of disability, Incentive Compensation shall be calculated on a pro rata basis during the fiscal year of such Death or Disability as provided in Section 3.1.3B, Executive or her estate (as the case may be) shall not accrue any Additional Benefits accruing to Executive after the date of termination.
Fixed Annual Compensation and Additional Benefits. Should the Term be terminated in accordance with the provisions of Paragraphs 3.3.1 or 3.3.2 by reason of Executive's death or Disability, Executive or his estate (as the case may be) shall be entitled to receive Fixed Annual Compensation that would have accrued prior to termination of Executive's employment as a result of his death or disability, and Executive or his estate (as the case may be) shall not accrue any Additional Benefits accruing to Executive after the date of termination.

Related to Fixed Annual Compensation and Additional Benefits

  • Annual Compensation The Executive’s “Annual Compensation” for purposes of determining severance payable under this Agreement shall be deemed to mean the sum of (i) the annual rate of Base Salary as of the Date of Termination, and (ii) the cash bonus, if any, earned by the Executive for the calendar year immediately preceding the year in which the Date of Termination occurs.

  • Other Compensation and Fringe Benefits In addition to any executive bonus, pension, deferred compensation and long-term incentive plans which Company or an affiliate of Company may from time to time make available to Employee, Employee shall be entitled to the following during the Employment Term:

  • ADDITIONAL COMPENSATION AND BENEFITS The Executive shall receive the following additional compensation and welfare and fringe benefits:

  • Additional Benefits During the term of this Agreement, the Employee shall be entitled to the following fringe benefits:

  • Additional Compensation During the Term, in addition to the foregoing, the Executive shall be eligible to receive such other compensation as may from time to time be awarded him by either the Board or the Compensation Committee in its sole discretion.

  • Severance Compensation upon Termination Subject to the provisions of Section 10 hereof, in the event of the Employee’s Termination upon a Change of Control, the Company shall pay to the Employee, within fifteen (15) days after the Termination Date (or as soon as possible thereafter in the event that the procedures set forth in paragraph (b) of Section 11 hereof cannot be completed within fifteen (15) days) an amount in cash equal to three (3) times the sum of the Employee’s Base Salary in effect either immediately prior to the Separation from Service or immediately prior to the Change of Control, whichever is higher.

  • Compensation and General Benefits As compensation for his services under this Agreement, the Executive shall be compensated as follows:

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Other Compensation or Benefits You acknowledge that, except as expressly provided in this Agreement, you will not receive any additional compensation, severance or benefits after the Separation Date.

  • Average Annual Compensation The Executive's "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination, including Base Salary and benefits and bonuses under any employee benefit plans of the Employers.

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