Common use of Payment Upon Termination of Employment Clause in Contracts

Payment Upon Termination of Employment. If the Executive's employment is terminated for any reason, then, without limiting any other rights or remedies available to the Company at law or in equity, the Company shall pay or provide to the Executive, his legal representatives, heirs, eligible dependents, if any, or permitted assigns, as applicable, (i) within ten (10) days after the Termination Date, all Base Compensation earned but unpaid as of the Termination Date; and (ii) all benefits to which such persons may be entitled under any of the Benefit Plans which provide for benefits after termination of employment, in accordance with the terms thereof.

Payment Upon Termination of Employment. If the Executive's employment is terminated for any reason, then, without limiting any other rights or remedies available to the Company at law or in equity, the Company shall pay or provide to the Executive, his her legal representatives, heirs, eligible dependents, if any, or permitted assigns, as applicable, (i) within ten (10) days after the Termination Date, all Base Compensation earned but unpaid as of the Termination Date; and (ii) all benefits to which such persons may be entitled under any of the Benefit Plans which provide for benefits after termination of employment, in accordance with the terms thereof.