Common use of Interim Advances Clause in Contracts

Interim Advances. a. In the event that, during the 90-day period following any termination of the Executive's employment after a Change in Control there is a bona fide dispute between the Company and the Executive with respect to the Executive's entitlement to any payments under this Agreement as a result of such termination and such dispute has not been resolved within 90 days after the date of the Termination Event, then, subject to Section 9(c), the Company shall pay to the Executive, as an advance against any amounts that are claimed to be due to the Executive under this Agreement, on 91st day after the Termination Event and on the same date of each succeeding month until such dispute is resolved, an amount equal to the Executive's monthly base salary as in effect immediately prior to the Change in Control.

Interim Advances. a. (a) In the event that, during the 90-day period following any termination of the Executive's employment after a Change in Control there is a bona fide dispute between the Company and the Executive with respect to the Executive's entitlement to any payments under this Agreement as a result of such termination and such dispute has not been resolved within 90 days after the date of the Termination Event, then, subject to Section 9(c), the Company shall pay to the Executive, as an advance against any amounts that are claimed to be due to the Executive under this Agreement, on 91st day after the Termination Event and on the same date of each succeeding month until such dispute is resolved, an amount equal to the Executive's monthly base salary as in effect immediately prior to the Change in Control.