INTEREST ON UNPAID TERMINATION PAYMENT. In the event that the Company does not pay the Termination Payment by the due dates specified in this Agreement, then any unpaid amount shall bear interest at the rate of 18 percent per annum, compounded monthly, until it is paid.
Appears in 10 contracts
Samples: Executive Employment Agreement (Geo Group Inc), Executive Employment Agreement (Geo Group Inc), Senior Officer Employment Agreement (Geo Group Inc)
INTEREST ON UNPAID TERMINATION PAYMENT. In the event that the Company does not pay the Termination Payment by the due dates specified in this Agreement, then any unpaid amount shall bear interest at the rate of 18 eighteen percent (18%) per annum, compounded monthly, until it is paid.
Appears in 1 contract
