Common use of Payment; No Other Termination Compensation Clause in Contracts

Payment; No Other Termination Compensation. Any payment pursuant to this Section 6 shall be made in a lump sum within ten (10) business days following the date of such termination. Executive shall not, except as set forth in this Section 6, be entitled to any compensation following termination of the Employment Period.

Appears in 4 contracts

Samples: Employment Agreement (Ameritrans Capital Corp), Employment Agreement (Ameritrans Capital Corp), Employment Agreement (Ameritrans Capital Corp)

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Payment; No Other Termination Compensation. Any payment pursuant to this Section 6 shall be made in a lump sum within ten (10) business days following the date of such termination. Executive Employee shall not, except as set forth in this Section 6, be entitled to any compensation following termination of the Employment Period.

Appears in 2 contracts

Samples: Employment Agreement (Ameritrans Capital Corp), Employment Agreement (Ameritrans Capital Corp)

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