Termination by Employer with Notice. If the employment relationship is terminated by Employer other than for cause or the permanent disability of Employee, then Employee shall be entitled to receive as a severance payment and as compensation for all services performed hereunder pursuant to Section 8(d) hereof an amount equal to the salary that Employee would have received for the remainder of the term of this Agreement or one (1) year, whichever is less, in accordance with the regular payroll periods of Employer during the applicable period.
Appears in 7 contracts
Samples: Employment Agreement (Inspire Insurance Solutions Inc), Employment Agreement (Inspire Insurance Solutions Inc), Executive Employment Agreement (Inspire Insurance Solutions Inc)
Termination by Employer with Notice. If the employment relationship is terminated by Employer other than for cause or the permanent disability of Employeecause, then Employee shall be entitled to receive as a severance payment and as compensation for all services performed hereunder pursuant to Section 8(d) hereof an amount equal to the salary that Employee would have received for the remainder of the term of this Agreement or one (1) year, whichever is less, in accordance with the regular payroll periods of Employer during the applicable period.
Appears in 2 contracts
Samples: Employment Agreement (Inspire Insurance Solutions Inc), Employment Agreement (Inspire Insurance Solutions Inc)
Termination by Employer with Notice. If the employment relationship is terminated by Employer other than for cause or the permanent disability of Employee, then Employee shall be entitled to receive as a severance payment and as compensation for all services performed hereunder pursuant to Section 8(d) hereof an amount equal to the salary that Employee would have received for the remainder of the term of this Agreement or one six (16) yearmonths, whichever is less, in accordance with the regular payroll periods of Employer during the applicable period.
Appears in 1 contract
Samples: Employment Agreement (Inspire Insurance Solutions Inc)