Common use of Separation Benefit Clause in Contracts

Separation Benefit. Subject to the provisions of this Agreement, the Company will pay Employee the separation benefits set forth in Article V, Section 5.2(c) of Employee's Employment Agreement with the Company, less required withholding, within twenty-one (21) days after his signing of this Agreement. The Separation Benefit does not constitute nor is it intended to be any form of compensation to Employee for any services to the Company.

Appears in 5 contracts

Samples: Employment Agreement (Cardinal Minerals Inc), Employment Agreement (Cardinal Minerals Inc), Employment Agreement (Cardinal Minerals Inc)

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