Common use of Obligations of Company on Termination Clause in Contracts

Obligations of Company on Termination. Notwithstanding anything in this Agreement to the contrary, the Company's obligations on termination of the Executive's employment shall be as described in this Section 7. In the vent that prior to the expiration of the Employment Term, the Company terminates the Executive's employment, pursuant to Section 6(a), (b), (c) or (e), or the Executive resigns, pursuant to Section 6 (d) or 6(f), within thirty (30) days following the Termination Date, the Company shall pay the Executive a single lump sum cash payment (the "Severance Payment") equal to the sum of the following: (a) the equivalent of three (3) month’s Base Salary; and (b) any Base Salary, cash bonuses, vacation and un-reimbursed expenses accrued but unpaid as of the Termination Date.

Obligations of Company on Termination. Notwithstanding anything in this Agreement to the contrary, the Company's obligations on termination of the Executive's employment shall be as described in this Section 7. In the vent event that prior to the expiration of the Employment Term, the Company terminates the Executive's employment, pursuant to Section 6(a), (b), (c) or (e), or the Executive resigns, pursuant to Section 6 (d) or 6(f), within thirty (30) days following the Termination Date, the Company shall pay the Executive a single lump sum cash payment (the "Severance Payment") equal to the sum of the following: (aA) the equivalent of three (3) month’s Base Salary; and (bB) any Base Salary, cash bonuses, vacation and un-reimbursed expenses accrued but unpaid as of the Termination Date.

Obligations of Company on Termination. Notwithstanding anything in this Agreement to the contrary, the Company's ’s obligations on termination of the Executive's ’s employment shall be as described in this Section 7. In the vent event that prior to the expiration of the Employment Term, the Company terminates the Executive's ’s employment, pursuant to Section 6(a), (b), (c) or (e), or the Executive resigns, pursuant to Section 6 (d) or 6(f), within thirty (30) days following the Termination Date, the Company shall pay the Executive a single lump sum cash payment (the "“Severance Payment"”) equal to the sum of the following: (aA) the equivalent of three one (31) month’s Base Salary; and (bB) any Base Salary, cash bonuses, vacation and un-reimbursed unreimbursed expenses accrued but unpaid as of the Termination Date.

Obligations of Company on Termination. Notwithstanding anything in this Agreement to the contrary, the Company's obligations on termination of the Executive's employment shall be as described in this Section 7. In the vent event that prior to the expiration of the Employment Term, the Company terminates the Executive's employment, pursuant to Section 6(a), (b), (c) or (e), or the Executive resigns, pursuant to Section 6 (d) or 6(f), within thirty (30) days following the Termination Date, the Company shall pay the Executive a single lump sum cash payment (the "Severance Payment") equal to the sum of the following: (aA) the equivalent of three (3) month’s 's Base Salary; and (bB) any Base Salary, cash bonuses, vacation and un-reimbursed expenses accrued but unpaid as of the Termination Date.

Obligations of Company on Termination. Notwithstanding anything in this Agreement to the contrary, the Company's ’s obligations on termination of the Executive's ’s employment shall be as described in this Section 7. In the vent event that prior to the expiration of the Employment Term, the Company terminates the Executive's ’s employment, pursuant to Section 6(a), (b), (c) or (e), or the Executive resigns, pursuant to Section 6 (d) or 6(f), within thirty (30) days following the Termination Date, the Company shall pay the Executive a single lump sum cash payment (the "“Severance Payment"”) equal to the sum of the following: (aA) the equivalent of three (3) month’s Base Salary; and (bB) any Base Salary, cash bonuses, vacation and un-reimbursed expenses accrued but unpaid as of the Termination Date.

Obligations of Company on Termination. Notwithstanding anything in this Agreement to the contrary, the Company's ’s obligations on termination of the Executive's ’s employment shall be as described in this Section 7. In the vent event that prior to the expiration of the Employment Term, the Company terminates the Executive's ’s employment, pursuant to Section 6(a), (b), (c) or (e), or the Executive resigns, pursuant to Section 6 (d) or 6(f), within thirty (30) days following the Termination Date, the Company shall pay the Executive a single lump sum cash payment (the "“Severance Payment"”) equal to the sum of the following: (a) the equivalent of three (3) month’s Base Salary; and (b) any Base Salary, cash bonuses, vacation and un-reimbursed expenses accrued but unpaid as of the Termination Date.