Common use of Plan Contributions Clause in Contracts

Plan Contributions. If during the Termination Period the employment of Executive shall terminate pursuant to a Qualifying Termination, all unvested 401(k) contributions in the Executive's 401(k) account shall immediately vest or the Company shall pay to Executive within fifteen (15) days following the Date of Termination an amount equal to any such unvested amounts that are forfeited by reason of said Qualifying Termination. In addition, the Company shall pay to Executive within fifteen (15) days following the Date of Termination a lump sum amount, in cash, equal to the value of any Company contributions that the Executive would have received under the Company's 401(k) for the two-year period following Executive's Qualifying Termination. If such amount cannot be determined at the time of Executive's termination, the amount of such payment shall be three times the average annual Company contribution made in the three years preceding the Change in Control.

Plan Contributions. If during the Termination Period the employment of Executive shall terminate pursuant to a Qualifying Termination, all unvested 401(k) contributions in the Executive's 401(k) account shall immediately vest or the Company shall pay to Executive within fifteen (15) days following the Date of Termination an amount equal to any such unvested amounts that are forfeited by reason of said Qualifying Termination. In addition, the Company shall pay to Executive within fifteen (15) days following the Date of Termination a lump sum amount, in cash, equal to the value of any Company contributions that the Executive would have received under the Company's 401(k) for the twothree-year period following Executive's Qualifying Termination. If such amount cannot be determined at the time of Executive's termination, the amount of such payment shall be three times the average annual Company contribution made in the three years preceding the Change in Control.