Common use of one-half Clause in Contracts

one-half. of the Executive's salary at the rate determined pursuant to Clause 4 (inclusive of any sickness benefit, statutory sick pay or allowance or other injury or disablement benefit to which the Executive may be entitled whether or not claimed) during a continuous period or an aggregate of over three months but less than six months in any period of 12 months;

Appears in 4 contracts

Sources: Chairman Service Agreement (Reynard Motorsport Inc), Service Agreement (Reynard Motorsport Inc), Employment Agreement (Reynard Motorsport Inc)