Common use of Salary Continuation Clause in Contracts

Salary Continuation. The Company will continue to pay your base salary for a period beginning on the day after your Separation and ending on the date twelve months after your Separation. Your base salary will be paid at the rate in effect at the time of your Separation and in accordance with the Company’s standard payroll procedures. Subject to the Company’s having first received an effective Release pursuant to Section 5(a) above, the salary continuation payments will commence within sixty (60) days after your Separation and, once they commence, will include any unpaid amounts accrued from the date of your Separation. However, if the sixty (60)-day period described in the preceding sentence spans two calendar years, then the payments will in any event begin in the second calendar year.

Appears in 5 contracts

Samples: Employment Agreement (Boingo Wireless Inc), Employment Agreement (Boingo Wireless Inc), Employment Agreement (Boingo Wireless Inc)

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Salary Continuation. The Company will continue to pay your base salary for a period beginning on the day after your Separation and ending on the date twelve (12) months after your Separation. Your base salary will be paid at the rate in effect at the time of your Separation and in accordance with the Company’s standard payroll procedures. Subject to the Company’s having first received an effective Release pursuant to Section 5(a) above, the salary continuation payments will commence within sixty (60) days after your Separation and, once they commence, will include any unpaid amounts accrued from the date of your Separation. However, if the sixty (60)-day period described in the preceding sentence spans two calendar years, then the payments will in any event begin in the second calendar year.

Appears in 4 contracts

Samples: Employment Agreement (Boingo Wireless Inc), Employment Agreement (Boingo Wireless Inc), Employment Agreement (Boingo Wireless Inc)

Salary Continuation. The Company will continue to pay your base salary for a period beginning on the day after your Separation and ending on the date twelve nine (9) months after your Separation. Your base salary will be paid at the rate in effect at the time of your Separation and in accordance with the Company’s standard payroll procedures. Subject to the Company’s having first received an effective Release pursuant to Section 5(a) above, the salary continuation payments will commence within sixty (60) days after your Separation and, once they commence, will include any unpaid amounts accrued from the date of your Separation. However, if the sixty (60)-day period described in the preceding sentence spans two calendar years, then the payments will in any event begin in the second calendar year.

Appears in 3 contracts

Samples: Employment Agreement (Boingo Wireless Inc), Employment Agreement (Boingo Wireless Inc), Employment Agreement (Boingo Wireless Inc)

Salary Continuation. The Company will continue to pay your base salary for a period beginning on the day after your Separation and ending on the date twelve (12) months after your Separation. Your base salary will be paid at the rate in effect at the time of your Separation and in accordance with the Company’s standard payroll procedures. Subject to the Company’s having first received an effective Release release pursuant to Section 5(a) above, the salary continuation payments will commence within sixty (60) days after your Separation and, once they commence, will include any unpaid amounts accrued from the date of your Separation. However, if the sixty (60)-day period described in the preceding sentence spans two calendar years, then the payments will in any event begin in the second calendar year.

Appears in 1 contract

Samples: Employment Agreement (Boingo Wireless, Inc.)

Salary Continuation. The Company will continue to pay your base salary for a period beginning on the day after your Separation and ending on the date twelve months after first anniversary of your SeparationSeparation (such period, the “Continuation Period”). Your base salary will be paid at the rate in effect at the time of your Separation and in accordance with the Company’s standard payroll procedures. Subject to the Company’s having first received an effective Release pursuant to Section 5(a) above, the salary continuation Xxx X. Xxxxxxxxx April 26, 2012 payments will commence within sixty (60) 60 days after your Separation and, once they commence, will include any unpaid amounts accrued from the date of your Separation. However, if the sixty (60)-day 60-day period described in the preceding sentence spans two calendar years, then the payments will in any event begin in the second calendar year.

Appears in 1 contract

Samples: Employment Agreement (Peregrine Semiconductor Corp)

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Salary Continuation. The Company will continue to pay your base salary for a period beginning on the day after your Separation and ending on the date twelve months after second anniversary of your SeparationSeparation (such period, the “Continuation Period”). Your base salary will be paid at the rate in effect at the time of your Separation and in accordance with the Company’s standard payroll procedures. Subject to the Company’s having first received an effective Release pursuant to Section 5(a) above, the salary continuation payments will commence within sixty (60) 60 days after your Separation and, once they commence, will include any unpaid amounts accrued from the date of your Separation. However, if the sixty (60)-day 60-day period described in the preceding sentence spans two calendar years, then the payments will in any event begin in the second calendar year.

Appears in 1 contract

Samples: Employment Agreement (Peregrine Semiconductor Corp)

Salary Continuation. The Company will continue to pay your base salary for a period beginning on the day after your Separation and ending on the date twelve nine (9) months after your Separation. Your base salary will be paid at the rate in effect at the time of your Separation and in accordance with the Company’s standard payroll procedures. Subject to the Company’s having first received an effective Release release pursuant to Section 5(a) above, the salary continuation payments will commence within sixty (60) days after your Separation and, once they commence, will include any unpaid amounts accrued from the date of your Separation. However, if the sixty (60)-day period described in the preceding sentence spans two calendar years, then the payments will in any event begin in the second calendar year.

Appears in 1 contract

Samples: Employment Agreement (Boingo Wireless, Inc.)

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