TERMINATION BY EMPLOYER DURING THE EMPLOYMENT TERM. In the event of termination by the Employer other than at the end of the Initial Employment Term or Extended Employment Term, other than for cause under Subsection 12.A, Employee shall be entitled to two (2) year's base salary (at Employee's then current base) payable upon such termination.
Appears in 2 contracts
Samples: Employment Agreement (Avteam Inc), Executive Employment Agreement (Avteam Inc)
TERMINATION BY EMPLOYER DURING THE EMPLOYMENT TERM. In the event of termination by the Employer other than at the end of the Initial Employment Term or Extended Employment Term, other than for cause Cause under Subsection 12.A12.A and except as otherwise contemplated under Subsection 12.G.(i), Employee shall be entitled to two (2) year's base salary (at Employee's then current base) payable in a lump sum in cash upon such termination.
Appears in 1 contract
Samples: Employment Agreement (Avteam Inc)
TERMINATION BY EMPLOYER DURING THE EMPLOYMENT TERM. In the event of termination by the Employer other than at the end of the Initial Employment Term or Extended Employment Term, other than for cause under Subsection 12.A12.A and except as otherwise contemplated under Subsection 12.G.(i),, Employee shall be entitled to two (2) year's base salary (at Employee's then current base) payable in a lump sum in cash upon such termination.
Appears in 1 contract
Samples: Employment Agreement (Avteam Inc)