Common use of Payments Upon Termination; Effects on Equity Clause in Contracts

Payments Upon Termination; Effects on Equity. (a) Upon any termination pursuant to Section 6, Employee shall be entitled to receive a lump sum payment equal to any base salary, bonus and other compensation earned and due but not yet paid through the effective date of termination (collectively "Accrued Compensation"), which payment will be paid to Employee as soon as administratively practicable, but in no event more than thirty (30) days following the effective date of Employee’s termination.

Payments Upon Termination; Effects on Equity. (a) Upon any termination pursuant to Section 6, Employee shall be entitled to receive a lump sum payment equal to any base salary, bonus and other compensation earned and due but not yet paid through the effective date of termination (collectively "“Accrued Compensation"”), which payment will be paid to Employee as soon as administratively practicable, but in no event more than thirty (30) days following the effective date of Employee’s termination.provided

Payments Upon Termination; Effects on Equity. (a) Upon any termination pursuant to Section 6, Employee shall be entitled to receive a lump sum payment equal to any base salary, bonus and other compensation earned and due but not yet paid through the effective date of termination (collectively "''Accrued Compensation"''), which payment will be paid to Employee as soon as administratively practicable, but in no event more more. than thirty (30) days following the effective date of Employee’s 's termination.