Common use of Termination by the Company with Notice Clause in Contracts

Termination by the Company with Notice. The Company may terminate this Agreement for a reason not set forth in Section 5.a., 5.c., or 5.d. at any time upon 60 days written notice to the Executive and, in addition, the Company shall pay to the Executive a termination allowance (the "Termination Allowance") equal to ten (10) months' salary, based upon his then-prevailing annual salary rate. The Termination Allowance may, at the option of the Company, be paid in periodic installments over the first 10 months following termination in accordance with the Company's regular payroll periods or over such lesser period as the Company may determine.

Termination by the Company with Notice. The Company may -------------------------------------- terminate this Agreement for a reason not set forth in Section 5.a., 5.c., or 5.d. at any time upon 60 days written notice to the Executive andExecutive, in addition, which event the Company shall pay to the Executive a termination allowance (the "Termination Allowance") equal to ten (10) months' salary, based upon his then-prevailing annual salary rate. The Termination Allowance maymay be paid, at the sole option of the Company, be paid in periodic installments over the first 10 months following termination in accordance with the Company's regular payroll periods or over such lesser period as the Company may determine.

Termination by the Company with Notice. The Company may terminate this -------------------------------------- Agreement for a reason not set forth in Section 5.aS.a., 5.cS.c., or 5.dS.d. at any time upon 60 days written notice to the Executive andExecutive, in addition, which event the Company shall pay to the Executive a termination allowance (the "Termination Allowance") equal to ten (10) months' salary, based upon his then-prevailing annual salary rate. The Termination Allowance maymay be paid, at the sole option of the Company, be paid in periodic installments over the first 10 months following termination in accordance with the Company's ' s regular payroll periods or over such lesser period as the Company may determine.

Termination by the Company with Notice. The Company may terminate this -------------------------------------- Agreement for a reason not set forth in Section 5.a., 5.c., or 5.d. at any time upon 60 days written notice to the Executive andExecutive, and in addition, the Company shall pay to the Executive a termination allowance (the "Termination Allowance") equal to ten (10) months' salary, based upon his then-prevailing annual salary rate. The Termination Allowance may, at the option of the Company, be paid in periodic installments over the first 10 months following termination in accordance with the Company's regular payroll periods or over such lesser period as the Company may determine.