Common use of Other Than for Cause, Death or Disability Clause in Contracts

Other Than for Cause, Death or Disability. If, at any time prior to the Effective Date, the Company shall terminate the Executive's employment other than for Cause (defined below), death or Disability, the Company shall pay to the Executive (1) the Executive's Annual Base Salary multiplied by 1.5 payable over 18 months at the same time that the Company pays other peer executives of the Company generally, and (2) any compensation or bonus previously deferred (together with any accrued interest or earnings thereon) and any accrued vacation pay, in each case to the extent not theretofore paid (the sum of the amounts described in clauses (1) and (2) of this Section 7(a)(i) shall be hereinafter referred to as the "Severance Amount");

Other Than for Cause, Death or Disability. If, at any time prior to the Effective Date, the Company shall terminate the Executive's employment other than for Cause (defined below), death or Disability, the Company shall pay to the Executive (1) the Executive's Annual Base Salary multiplied by 1.5 payable over 18 12 months at the same time that the Company pays other peer executives of the Company generally, and (2) any compensation or bonus previously deferred (together with any accrued interest or earnings thereon) and any accrued vacation pay, in each case to the extent not theretofore paid (the sum of the amounts described in clauses (1) and (2) of this Section 7(a)(i) shall be hereinafter referred to as the "Severance Amount");