Common use of Non-Compete Payment Clause in Contracts

Non-Compete Payment. a. If Executive’s employment is terminated by the Company without Cause (other than by reason of death or Disability) or if Executive resigns with Good Reason, the Company agrees to make continued payments to Executive of fifty percent (50%) of the Base Salary (the “Non-Compete Payments”) in accordance with the Company’s normal payroll practices, as in effect on the date of termination of Executive’s employment, until the earlier to occur of (x) twelve months after the date of such termination or (y) Executive’s failure to comply with the provisions of Section 9(b) or 9(c).

Non-Compete Payment. a. If Executive’s employment is terminated by the Company without Cause (other than by reason of death or Disability) or if Executive resigns with Good Reason, the Company agrees to make continued payments to Executive of fifty percent (50%) of the Base Salary (the “Non-Compete Payments”) in accordance with the Company’s normal payroll practices, as in effect on the date of termination of Executive’s employment, until the earlier to occur of (x) twelve eighteen months after the date of such termination or (y) Executive’s failure to comply with the provisions of Section 9(b) or 9(c).

Non-Compete Payment. a. If Executive’s employment is terminated by the Company without Cause (other than by reason of death or Disability) or if Executive resigns with Good Reason, the Company agrees to make continued payments pay to Executive an aggregate of fifty percent (50%) of the Base Salary $1,050,000 (the “Non-Compete Payments”) ), payable in equal installments, in accordance with the Company’s normal payroll practices, as in effect on the date of termination of Executive’s employment, until the earlier to occur of (x) twelve twenty-four months after the date of such termination or (y) Executive’s failure to comply with the provisions of Section 9(b) or 9(c).