Interest on Severance or Change of Control Payments. Payment of Severance or Change of Control under this agreement will accrue interest to Executive at a rate of 8% beginning 10 days after the date of Severance or the Change of Control Event Date, unless otherwise specified in this agreement. No Severance of Change of Control payments to Executive will be delayed beyond 6 months from the date of Severance or Change of Control Event Date without the expressed written permission of Executive.
Appears in 4 contracts
Samples: Senior Executive Employment Agreement (Collexis Holdings, Inc.), Senior Executive Employment Agreement (Collexis Holdings, Inc.), Senior Executive Employment Agreement (Collexis Holdings, Inc.)
