Pay in Lieu of Notice. If either the Company or Executive terminates Executive’s employment, the Company, in its discretion, may treat Executive’s termination as effective at any earlier date during the notice period if the Company continues to pay Executive’s then-current base salary for the unexpired portion of a notice period required in Section 11.
Appears in 3 contracts
Samples: Employment Agreement (Delcath Systems, Inc.), Employment Agreement (Delcath Systems, Inc.), Employment Agreement (Delcath Systems, Inc.)
Pay in Lieu of Notice. If either the Company or Executive terminates Executive’s employment, the Company, in its discretion, may treat Executive’s termination as effective at any earlier date during the any required notice period if the Company continues to pay Executive’s then-current base salary for the unexpired portion of a the applicable notice period required in Section 11period.
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