PREVIOUS YEAR'S BONUS. In the event that at the time of his termination, the Employee is due, but has not yet received, payment of an annual bonus in respect of the preceding fiscal year of the Company, such bonus shall be paid to the Employee at the time it is paid to the other employees of the Company, except that, notwithstanding the foregoing, if the Employee shall have been terminated for cause as provided in subparagraph (b) of this Paragraph 7, the Employee shall forfeit and shall not be entitled to receive payment of any such annual bonus in respect of the preceding fiscal year which the Employee shall not have received on or before the date of such termination for cause.
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Samples: Employment Agreement (C P Clare Corp), Employment Agreement (C P Clare Corp), Employment Agreement (C P Clare Corp)
PREVIOUS YEAR'S BONUS. In the event that at the time of his termination, the Employee is due, but has not yet received, payment of an annual bonus in respect of the preceding fiscal year of the Company, such bonus shall be paid to the Employee at the time it is paid to the other employees of the Company, except that, notwithstanding the foregoing, if the Employee shall have been terminated for cause as provided in subparagraph (b) of this Paragraph 7, the Employee shall forfeit and shall not be entitled to receive payment of any such annual bonus in respect of the preceding fiscal year which the Employee shall not have received on or before the date of such termination for cause.. INVENTIONS AND PATENTS
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