Payment of the Severance Benefit. The Company shall pay the Severance Benefit to the Executive in a single lump sum in immediately available funds, in United States Dollars, within five business days after the Change of Control Date or the Termination Date, as applicable.
Appears in 5 contracts
Samples: Employment Agreement (Sunset Financial Resources Inc), Employment Agreement (Sunset Financial Resources Inc), Employment Agreement (Sunset Financial Resources Inc)
Payment of the Severance Benefit. The Company shall pay the Severance Benefit to the Executive (i) in a single lump sum in immediately available funds, in United States Dollars, within five business days after the Change of Control Date Date; or (ii) in all other circumstances, in 12 equal monthly installments following the Termination Date, as applicable.
Appears in 2 contracts
Samples: Employment Agreement (Sunset Financial Resources Inc), Employment Agreement (Sunset Financial Resources Inc)
Payment of the Severance Benefit. The Company shall pay the Severance Benefit to the Executive in a single lump sum in immediately available funds, in United States Dollars, within five business days after the Change of Control Date or the Termination Date, as applicable.. (e)
Appears in 2 contracts
Samples: Employment Agreement (Camden Property Trust), Employment Agreement (Camden Property Trust)