PAYMENTS UPON TERMINATION DUE TO CHANGE OF CONTROL. Upon your Termination Due to Change of Control under the Policy, the Purchaser agrees to cause the Company to pay you and the Company agrees to pay you for a period of two (2) years in monthly payments: (i) your base salary immediately before your termination date; (ii) the average monthly amount of the incentive bonuses awarded to you during the two (2) years preceding termination; and (iii) all Current Benefits.
Appears in 10 contracts
Samples: Merger Agreement (Defiance Inc), Merger Agreement (General Chemical Group Inc), Merger Agreement (Defiance Inc)