Common use of Salary and Benefits Upon Termination Clause in Contracts

Salary and Benefits Upon Termination. All salary and other benefits shall terminate as of the effective date of termination if Employee resigns. If involuntarily terminated for cause, the salary will continue for the initial five year term of this Agreement. Unless precluded by law, any medical and dental insurance coverage and life insurance coverage and benefits shall continue for thirty (30) days after termination or until Employee is reemployed, whichever shall first occur.

Salary and Benefits Upon Termination. All salary and other benefits shall terminate as of the effective date of termination if Employee resigns. If involuntarily terminated for cause, the salary will continue for the initial five year term of this Agreement. and shall be paid in accordance with Employer's normal pay period disbursements (Unless precluded by law, law any medical and dental insurance coverage and life insurance coverage and benefits shall continue for tor thirty (30) days after termination or until Employee Employees is reemployed, reemployed whichever shall first occur. 7.