Common use of Provisions Applicable to All Terminations Clause in Contracts

Provisions Applicable to All Terminations. In the event Employee’s employment is terminated for any reason, (a) not later than 30 days after the effective date of the termination, all cash compensation described in this Agreement that was due through the effective date of the termination (or in the case of a termination under Section 6.6, within 30 days of the date the Company’s Insurance Carrier makes a disability determination), but unpaid, shall be computed and paid to Employee by the Company; and (b) Employee, or his heirs, or estate, as the case may be, shall receive all compensation and employee benefits accrued through the effective date of the termination, and all benefits provided through the Company's insurance plans pursuant to the terms and conditions of such insurance plans or that the Company is required to provide by governing law.

Appears in 3 contracts

Samples: Altair Executive Employment Agreement (Altair Nanotechnologies Inc), Altair Executive Employment Agreement (Altair Nanotechnologies Inc), Altair Executive Employment Agreement (Altair Nanotechnologies Inc)

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Provisions Applicable to All Terminations. In the event Employee’s 's employment is terminated for any reason, (a) not later than 30 days after the effective date of the termination, all cash compensation described in this Agreement that was due through the effective date of the termination (or in the case of a termination under Section 6.6, within 30 days of the date the Company’s 's Insurance Carrier makes a disability determination), but unpaid, shall be computed and paid to Employee by the Company; and (b) Employee, or his heirs, or estate, as the case may be, shall receive all compensation and employee benefits accrued through the effective date of the termination, and all benefits provided through the Company's insurance plans pursuant to the terms and conditions of such insurance plans or that the Company is required to provide by governing law.

Appears in 2 contracts

Samples: Executive Employment Agreement (Smoky Market Foods Inc), Altair Executive Employment Agreement (Altair Nanotechnologies Inc)

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Provisions Applicable to All Terminations. In the event the Employee’s 's employment is terminated for any reason, (a) not later than 30 days after the effective date of the termination, all cash compensation described in this Agreement that was due through the effective date of the termination (or in the case of a termination under Section 6.6, within 30 days of the date the Company’s 's Insurance Carrier makes a disability determination), but unpaid, shall be computed and paid to Employee by the Company; and (b) Employee, or his heirs, or estate, as the case may be, shall receive all compensation and employee benefits accrued through the effective date of the termination, and all benefits provided through the Company's insurance plans pursuant to the terms and conditions of such insurance plans or that the Company is required to provide by governing lawplans.

Appears in 2 contracts

Samples: Altair Executive Employment Agreement (Altair Nanotechnologies Inc), Altair Executive Employment Agreement (Altair Nanotechnologies Inc)

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