Common use of Non-Renewal of Employment; General Provisions Clause in Contracts

Non-Renewal of Employment; General Provisions. Either the Company or Employee may elect not to renew Employee's employment hereunder at the end of the Initial Period, or at the end of any Additional Period thereafter, by delivery of sixty (60) days prior written notice by the electing party to the other party. At the expiration of the employment term (in addition to any other amounts provided in Section 10(f) below in the case of a non-renewal by the Company), the Company shall pay to Employee an amount equal to the sum of (i) Employee's earned but unpaid Annual Base Salary through the date of termination of employment at the rate then in effect, (ii) vacation pay earned but not taken to the date of such termination, and (iii) all other amounts previously deferred by Employee or earned but not paid as of such date under all Company incentive or deferred compensation plans or programs. In the event of a non-renewal by the Employee, the amounts due the Employee shall be limited to the amounts specified in clause (i), (ii) and (iii) of the preceding sentence.

Non-Renewal of Employment; General Provisions. Either the Company or Employee may elect not to renew Employee's ’s employment hereunder at the end of the Initial Period, or at the end of any Additional Period thereafter, by delivery of sixty ninety (6090) days prior written notice by the electing party to the other party. At the expiration of the employment term (in addition to any other amounts provided in Section 10(f) below in the case of a non-renewal by the Company), the Company shall pay to Employee an amount equal to the sum of (i) Employee's ’s earned but unpaid Annual Base Salary through the date of termination of employment at the rate then in effect, (ii) vacation pay earned but not taken to the date of such termination, and (iii) all other amounts previously deferred by Employee or earned but not paid as of such date under all Company incentive or deferred compensation plans or programs. In the event of a non-renewal by the Employee, the amounts due the Employee shall be limited to the amounts specified in clause (i), (ii) and (iii) of the preceding sentence.

Non-Renewal of Employment; General Provisions. Either the Company or Employee may elect not to renew Employee's employment hereunder at the end of the Initial Period, or at the end of any Additional Period thereafter, by delivery of sixty (60) days prior written notice by the electing party to the other party. At the expiration of the employment term (in addition to any other amounts provided in Section 10(f9(c) below above in the case of a non-renewal by the Company), the Company shall pay to Employee an amount equal to the sum of (i) Employee's earned but unpaid Annual Base Salary through the date of termination of employment at the rate then in effect, (ii) vacation pay earned but not taken to the date of such termination, and (iii) all other amounts previously deferred by Employee or earned but not paid as of such date under all Company incentive or deferred compensation plans or programs. In the event of a non-renewal by the Employee, the amounts due the Employee shall be limited to the amounts specified in clause (i), (ii) and (iii) of the preceding sentence.

Non-Renewal of Employment; General Provisions. Either the Company or Employee may elect not to renew Employee's employment hereunder at the end of the Initial Period, or at the end of any Additional Period thereafter, by delivery of sixty (60) days prior written notice by the electing party to the other party. At the expiration of the employment term (in addition to any other amounts provided in Section 10(f10(c) below above in the case of a non-renewal by the Company), the Company shall pay to Employee an amount equal to the sum of (i) Employee's earned but unpaid Annual Base Salary through the date of termination of employment at the rate then in effect, (ii) vacation pay earned but not taken to the date of such termination, and (iii) all other amounts previously deferred by Employee or earned but not paid as of such date under all Company incentive or deferred compensation plans or programs. In the event of a non-renewal by the Employee, the amounts due the Employee shall be limited to the amounts specified in clause (i), (ii) and (iii) of the preceding sentence.

Non-Renewal of Employment; General Provisions. Either the Company or Employee may elect not to renew Employee's employment hereunder at the end of the Initial Period, or at the end of any Additional Period thereafter, by delivery of sixty ninety (6090) days prior written notice by the electing party to the other party. At the expiration of the employment term (in addition to any other amounts provided in Section 10(f) below in the case of a non-renewal by the Company), the Company shall pay to Employee an amount equal to the sum of (i) Employee's earned but unpaid Annual Base Salary through the date of termination of employment at the rate then in effect, (ii) vacation pay earned but not taken to the date of such termination, and (iii) all other amounts previously deferred by Employee or earned but not paid as of such date under all Company incentive or deferred compensation plans or programs. In the event of a non-renewal by the Employee, the amounts due the Employee shall be limited to the amounts specified in clause (i), (ii) and (iii) of the preceding sentence.