Proration. Any payments or benefits payable to Executive hereunder in respect of any calendar year during which Executive is employed by the Company for less than the entire year, unless otherwise provided in the applicable plan or arrangement, shall be prorated in accordance with the number of days in such calendar year during which he is so employed.
Appears in 46 contracts
Samples: Executive Employment Agreement (Vaalco Energy Inc /De/), Employment Agreement (Vantage Drilling Labuan I Ltd.), Employment Agreement (Vantage Holdings Malaysia I Co.)
Proration. Any payments or benefits payable to Executive hereunder in respect of any calendar year during which Executive is employed by the Company for less than the entire year, unless otherwise provided in the applicable plan or arrangement, shall be prorated in accordance with the number of days in such calendar year during which he she is so employed.
Appears in 3 contracts
Samples: Employment Agreement (Vantage Drilling International), Employment Agreement (Vantage Drilling International), Employment Agreement (Vantage Drilling CO)
Proration. Any payments or benefits payable to Executive hereunder in respect of any calendar year during which Executive is employed by the Company for less than the entire year, unless otherwise provided in the applicable plan or arrangement, shall be prorated in accordance with the number of days in such calendar year during which he is so employed. RIGHTS AND PAYMENTS UPON TERMINATION .
Appears in 3 contracts
Samples: Executive Employment Agreement (Vaalco Energy Inc /De/), Executive Employment Agreement (Vaalco Energy Inc /De/), Executive Employment Agreement (Vaalco Energy Inc /De/)
Proration. Any payments or benefits payable to the Executive hereunder in respect of any calendar year during which the Executive is employed by the Company for less than the entire year, unless otherwise provided in the applicable plan or arrangement, shall be prorated in accordance with the number of days in such calendar year during which he is so employed.
Appears in 2 contracts
Samples: Mutual Confidentiality and Non Disclosure Agreement, Employment Agreement (Staffing 360 Solutions, Inc.)
Proration. Any Except as otherwise set forth in this Agreement, any payments or benefits payable to Executive hereunder in respect of any calendar year during which Executive is employed by the Company for less than the entire year, unless otherwise provided in the applicable plan or arrangement, shall be prorated in accordance with the number of days in such calendar year during which he is so employed.
Appears in 2 contracts
Samples: Executive Employment Agreement (Vaalco Energy Inc /De/), Executive Employment Agreement (Vaalco Energy Inc /De/)
Proration. Any payments or benefits payable to the Executive hereunder in respect of any calendar year or any fiscal year during which the Executive is employed by the Company for less than the entire year, unless otherwise provided in the applicable plan or arrangement, shall be prorated in accordance with the number of days in such calendar year or fiscal year during which he is so employed.
Appears in 2 contracts
Samples: Employment Agreement (Apogee Technology Inc), Employment Agreement (Apogee Technology Inc)
Proration. Any payments or benefits payable to Executive --------- hereunder in respect of any calendar year during which Executive is employed by the Company for less than the entire year, unless otherwise provided in the applicable plan or arrangement, shall be prorated in accordance with the number of days in such calendar year during which he is so employed.
Appears in 2 contracts
Samples: Employment Agreement (Concentra Operating Corp), Employment Agreement (Concentra Operating Corp)
Proration. Any payments or benefits payable to Executive hereunder in respect of any calendar year during which Executive is employed by the Company for less than the entire year, unless otherwise provided in the applicable plan or arrangement, shall be prorated in accordance with the number of days in such calendar year during which he is so employed.
Appears in 1 contract
Samples: Executive Employment Agreement (Vaalco Energy Inc /De/)
Proration. Any payments or benefits payable to the Executive --------- hereunder in respect of any calendar year or any fiscal year during which the Executive is employed by the Company for less than the entire year, unless otherwise provided in the applicable plan or arrangement, shall be prorated in accordance with the number of days in such calendar year or fiscal year during which he is so employed.
Appears in 1 contract
Proration. Any payments or benefits payable to Executive hereunder in respect of any calendar fiscal year during which Executive is employed by the Company for less than the entire year, unless otherwise provided in the applicable plan or arrangementarrangement (or is not payable upon termination under the relevant provision of Section β4), shall be prorated in accordance with the number of days in such calendar fiscal year during which he she is so employed.
Appears in 1 contract
Samples: Employment Agreement (Staffing 360 Solutions, Inc.)
Proration. Any payments or benefits payable to Executive hereunder in respect of any calendar fiscal year during which Executive is employed by the Company for less than the entire year, unless otherwise provided in the applicable plan or arrangementarrangement (or is not payable upon termination under the relevant provision of Section 4), shall be prorated in accordance with the number of days in such calendar fiscal year during which he she is so employed.
Appears in 1 contract
Samples: Employment Agreement (Staffing 360 Solutions, Inc.)
Proration. Any payments or benefits payable to Executive hereunder in respect of any calendar year during which Executive is employed by the Company for less than the entire year, unless otherwise provided in the applicable plan or arrangement, shall be prorated in m accordance with the number of days in such calendar year during which he is so employed.
Appears in 1 contract
Samples: Executive Employment Agreement (Vaalco Energy Inc /De/)
