Common use of Obligations of Company Upon Termination Clause in Contracts

Obligations of Company Upon Termination. (a) In the event of the termination of the Executive’s employment pursuant to Section 11 (a), (b), or (c), Executive will be entitled only to the compensation earned by his hereunder as of the date of such termination (plus life insurance or disability benefits).

Appears in 2 contracts

Samples: Executive Employment Agreement (CMG Holdings, Inc.), Executive Employment Agreement (CMG Holdings, Inc.)

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Obligations of Company Upon Termination. (a) In the event of the termination of the Executive’s 's employment pursuant to Section 11 (a), (b), 8.a. or (c)b., Executive will be entitled only to the compensation earned by his him hereunder as of the date of such termination (plus any life insurance or disability benefits). In the event of the termination of Executive's employment for any reason other than Section 8.a. or b. as described immediately above, all compensation of every nature described in this Agreement shall immediately vest and become due and owing to Executive.

Appears in 2 contracts

Samples: Employment Agreement (Bluegate Corp), Employment Agreement (Sperco Stephen J)

Obligations of Company Upon Termination. (a) In the event of the termination of the Executive’s 's employment pursuant to Section 11 7 (a), (b), (c) or (ce), Executive will be entitled only to the compensation earned by his her hereunder as of the date of such termination (plus life insurance or disability benefits)termination.

Appears in 2 contracts

Samples: Employment Agreement (One World Holdings, Inc.), Employment Agreement (One World Holdings, Inc.)

Obligations of Company Upon Termination. (a) In the event of the termination of the Executive’s 's employment pursuant to Section 11 7 (a), (b), c) or (ce), Executive will be entitled only to the compensation earned by his him hereunder as of the date of such termination (plus life insurance or disability benefits), plus the rights to those Options that have vested as of the termination date.

Appears in 1 contract

Samples: Employment Agreement (Ricks Cabaret International Inc)

Obligations of Company Upon Termination. (a) In the event of the termination of the Executive’s employment pursuant to Section 11 8 (a), (b), or (c), Executive will be entitled only to the compensation earned by his hereunder as of the date of such termination (plus life insurance or disability benefits)termination.

Appears in 1 contract

Samples: Officer Employment Agreement (Medical Care Technologies Inc.)

Obligations of Company Upon Termination. (a) In the event of the termination of the Executive’s employment pursuant to Section 11 (a), (b), ) or (c), Executive will be entitled only to the compensation earned by his him hereunder as of the date of such termination (plus life insurance or disability benefits)termination.

Appears in 1 contract

Samples: Executive Employment Agreement (APC Group, Inc)

Obligations of Company Upon Termination. (a) In the event of the termination of the Executive’s employment pursuant to Section 11 7 (a), (b), (c) or (ce), Executive will be entitled only to the compensation earned by his him hereunder as of the date of such termination (plus life insurance or disability benefits)termination.

Appears in 1 contract

Samples: Employment Agreement (Spine Pain Management, Inc)

Obligations of Company Upon Termination. (a) In the event of the termination of the Executive’s 's employment pursuant to Section 11 (a), (b), ) or (c), Executive will be entitled only to the compensation earned by his her hereunder as of the date of such termination (plus life insurance or disability benefits).

Appears in 1 contract

Samples: Executive Employment Agreement (Xa, Inc.)

Obligations of Company Upon Termination. (a) In the event of the termination of the Executive’s 's employment pursuant to Section 11 8 (a), (b), ) or (c), Executive will be entitled only to the compensation earned by his him hereunder as of the date of such termination (plus any life insurance or disability benefits).

Appears in 1 contract

Samples: Employment Agreement (Bluegate Corp)

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Obligations of Company Upon Termination. (a) In the event of the termination of the Executive’s 's employment pursuant to Section 11 (a), (b), ) or (c), Executive will be entitled only to the compensation earned by his hereunder as of the date of such termination (plus life insurance or disability benefits).

Appears in 1 contract

Samples: Executive Employment Agreement (Xa, Inc.)

Obligations of Company Upon Termination. (a) In the event of the termination of the Executive’s 's employment pursuant to Section 11 8 (a), (b), or (c), Executive will be entitled only to the compensation earned by his hereunder as of the date of such termination (plus life insurance or disability benefits)termination.

Appears in 1 contract

Samples: Executive Officer Employment Agreement (Medical Care Technologies Inc.)

Obligations of Company Upon Termination. (a) In the event of the termination of the Executive’s employment pursuant to Section 11 (a11(a), (b), (c) , or (ce), Executive will be entitled only to the compensation earned by his him hereunder as of the date of such termination (plus life insurance or disability benefits)termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Petron Energy II, Inc.)

Obligations of Company Upon Termination. (a) In the event of the termination of the Executive’s 's employment pursuant to Section 11 (a), (b), (c) or (cd), Executive will be entitled only to the compensation earned by his him hereunder as of the date of such termination (plus life insurance or disability benefits).

Appears in 1 contract

Samples: Executive Employment Agreement (Data Call Technologies)

Obligations of Company Upon Termination. (a) In the event of the termination of the Executive’s employment pursuant to Section 11 (a), (b), ) or (c), Executive will be entitled only to the compensation earned by his him hereunder as of the date of such termination (plus life insurance or disability benefits).

Appears in 1 contract

Samples: Executive Employment Agreement (Cobra Oil & Gas CO)

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