Common use of hereinabove Clause in Contracts

hereinabove. Any payments or benefits payable to the Executive hereunder in respect of any calendar year during which the Executive is employed by the Company for less than the entire such year shall, unless otherwise provided in the applicable plan or arrangement, be prorated in accordance with the number of days in such calendar year during which he is so employed.

Appears in 7 contracts

Samples: Agreement (Ocean Power Corp), Employment Agreement (Ocean Power Corp), Agreement (Ocean Power Corp)

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