Common use of Obligations of Company Upon Termination Clause in Contracts

Obligations of Company Upon Termination. In the event of the termination of Executive's employment pursuant to Section 7 (a), (b), or (c), Executive will be entitled only to the compensation earned by him hereunder as of the date of such termination (plus life insurance or disability benefits if applicable and provided for pursuant to Section 4(c)).

Obligations of Company Upon Termination. (a) In the event of the termination of Executive's ’s employment pursuant to Section 7 (a), (b), (c) or (ce), Executive will be entitled only to the compensation earned by him hereunder as of the date of such termination. (b) In the event of the termination (plus life insurance or disability benefits if applicable and provided for of Executive’s employment pursuant to Section 4(c7 (d) or (f)), Executive will be entitled to receive in one lump sum payment the full remaining amount under the Term of this Agreement to which he would have been entitled had this Agreement not been terminated.

Obligations of Company Upon Termination. (a) In the event of the termination of Executive's employment pursuant to Section 7 (a), (b), (c) or (ce), Executive will be entitled only to the compensation earned by him hereunder as of the date of such termination (plus life insurance or disability benefits if applicable and provided for pursuant to Section 4(c)). (b) In the event of the termination of Executive’s employment pursuant to Section 7 (d) or (f), Executive will be entitled to receive one lump sum payment of $15,000.

Obligations of Company Upon Termination. (a) In the event of the termination of Executive's employment pursuant to Section 7 11 (a), (b), ) or (c), Executive will be entitled only to the compensation earned by him hereunder as of the date of such termination (plus life insurance or disability benefits if applicable and provided for benefits). (b) In the event of the termination of Executive's employment pursuant to Section 4(c11 (d) or (e)), Executive will be entitled to receive as severance pay, an amount equal to $150,000 in addition to all payments of salary earned through the date of termination in one lump sum.

Obligations of Company Upon Termination. (a) In the event of the termination of Executive's employment pursuant to Section 7 11 (a), (b), ) or (c), Executive will be entitled only to the compensation earned by him his hereunder as of the date of such termination (plus life insurance or disability benefits if applicable and provided for benefits). (b) In the event of the termination of Executive's employment pursuant to Section 4(c11 (d) or (e)), Executive will be entitled to receive as severance pay, an amount equal to $50,000 in addition to all payments of salary earned through the date of termination in one lump sum.