Common use of TERMINATION COMPENSATION FOR PAXSON TERMINATION FOR CAUSE OR EMPLOYEE'S VOLUNTARY Resigxxxxxx Clause in Contracts

TERMINATION COMPENSATION FOR PAXSON TERMINATION FOR CAUSE OR EMPLOYEE'S VOLUNTARY Resigxxxxxx. If Employee's employment is terminated as a result of a Paxson Termination for Cause or Employee's Voluntary Resigxxxxxx, under Subsections 3.1(d), or (e), respectively, within thirty (30) days of termination, Employee will be paid the following: (1) A lump sum equal to unpaid portion of any previously awarded bonus; and (2) Employee's bonus for the fiscal year in which the termination occurs, pro-rated, if necessary, according to the formula set forth in Schedule I, which bonus shall be payable in full if and when bonus awards for such fiscal year commence to be made to other members of senior manager; and (3) An amount in cash equivalent to the accrued but unused personal time of Employee through the termination date; and (4) Without duplication of any of the foregoing, all Base Salary, expenses and other payments or cash benefits due to Employee through Employee's termination date. In addition, Employee shall also be entitled to any benefits for which Employee qualifies under any employee benefit plan available to Employee. Employee shall also be entitled to all rights to continuation or conversion of benefits required by law to be offered to a departing employee.

TERMINATION COMPENSATION FOR PAXSON TERMINATION FOR CAUSE OR EMPLOYEE'S VOLUNTARY Resigxxxxxx. If Employee's employment is terminated as a result of a Paxson Termination for Cause or Employee's Voluntary Resigxxxxxx, under Subsections 3.1(d), or (e), respectively, within thirty (30) days of termination, Employee will be paid the following: (1) A lump sum equal to unpaid portion of any previously awarded bonus; and (2) Employee's bonus for the fiscal year in which the termination occurs, pro-rated, if necessary, according to the formula set forth in Schedule I, which bonus shall be payable in full if and when bonus awards for such fiscal year commence to be made to other members of senior managermanagement; and (3) An amount in cash equivalent to the accrued but unused vacation and personal time of Employee through the termination date; and (4) Without duplication of any of the foregoing, all Base Salary, expenses and other payments or cash benefits due to Employee through Employee's termination date. In addition, Employee shall also be entitled to any benefits for which Employee qualifies under any employee benefit plan available to Employee. Employee shall also be entitled to all rights to continuation or conversion of benefits required by law to be offered to a departing employee.

TERMINATION COMPENSATION FOR PAXSON TERMINATION FOR CAUSE OR EMPLOYEE'S VOLUNTARY Resigxxxxxx. If Employee's employment is terminated as a result of a Paxson Termination for Cause or Employee's Voluntary Resigxxxxxx, under Subsections 3.1(d), or (e), respectively, within thirty (30) days of termination, Employee will be paid the following: (1i) A lump sum equal to unpaid portion of any previously awarded bonus; and (2ii) Employee's bonus for the fiscal year in which the termination occurs, pro-rated, if necessary, according to the formula set forth in Schedule I, which bonus shall be payable in full if and when bonus awards for such fiscal year commence to be made to other members of senior manager; and (3iii) An amount in cash equivalent to the accrued but unused personal time of Employee through the termination date; and (4iv) Without duplication of any of the foregoing, all Base Salary, expenses and other payments or cash benefits due to Employee through Employee's termination date. In addition, Employee shall also be entitled to any benefits for which Employee qualifies under any employee benefit plan available to Employee. Employee shall also be entitled to all rights to continuation or conversion of benefits required by law to be offered to a departing employee.