Common use of Termination Events Resulting in Severance Payments Clause in Contracts

Termination Events Resulting in Severance Payments. In the event of the termination of the Executive's employment prior to the expiration of the term of this Agreement: (i) by the Company without "Cause," or (ii) under Section 3.3 , then the Company shall pay Executive, as a severance payment, an amount equal to Executive's annual base salary, such payment to be made in twelve (12) equal monthly payments during the period commencing on the date such termination occurs (the "Termination Date") and ending one (1) year thereafter (the "Severance Period").

Termination Events Resulting in Severance Payments. In the event of the termination of the Executive's employment prior to the expiration of the term of this Agreementemployment: (i) by the Company company without "Cause," or or (ii) under Section 3.3 or 3.4, then the Company shall pay Executive, as a severance payment, an amount equal to Executive's annual base salary, salary as set forth in section 2.1 and such payment to shall be made in twelve (12) equal monthly payments during the period commencing on the date such termination occurs (the "Termination Date") and ending one (1) year thereafter (the "Severance Period"),.

Termination Events Resulting in Severance Payments. In the event of the termination of the Executive's employment prior to the expiration of the term of this Agreementemployment: (i) by the Company company without "Cause," or ", or (ii) under Section 3.3 3.3, then the Company shall pay Executive, as a severance payment, an amount equal to ExecutiveExecutive 's annual base salary, salary as set forth in Section 2.1 and such payment to shall be made in twelve (12) equal monthly payments during the period commencing on the date such termination occurs (the "Termination Date") and ending one (1) year thereafter (the "Severance PeriodPeriod "), together with any earned quarterly bonus.

Termination Events Resulting in Severance Payments. In the event of the termination of the Executive's employment prior to the expiration of the term of this Agreement: (i) by the Company without "Cause," or or (ii) under Section 3.3 3.3, then the Company shall pay Executive, as a severance payment, an amount equal to Executive's annual base salary, such payment to be made in twelve (12) equal monthly payments during the period commencing on the date such termination occurs (the "Termination Date") and ending one (1) year thereafter (the "Severance Period").

Termination Events Resulting in Severance Payments. In the event of the termination of the Executive's employment prior to the expiration of the term of this Agreementemployment: (i) by the Company without "Cause," or or (ii) under Section 3.3 3.3, then the Company shall pay Executive, as a severance payment, an amount equal to all of Executive's annual base salary, such salary remaining to be paid under this employment agreement. Such payment to shall be made in twelve (12) equal monthly payments installments during the period commencing on the date such termination occurs (the "Termination Date") and ending one (1) year thereafter (two years from the "Severance Period")Commencement Date.

Termination Events Resulting in Severance Payments. In the event of the termination of the Executive's employment prior to the expiration of the term of this Agreementemployment: (i) by the Company company without "Cause," ", or (ii) under Section 3.3 or 3.4, then the Company shall pay Executive, as a severance payment, an amount equal to Executive's annual base salary, salary as set forth in Section 2.1 and such payment to shall be made in twelve (12) equal monthly payments during the period commencing on the date such termination occurs (the "Termination Date") and ending one (1) year thereafter (the "Severance Period").

Termination Events Resulting in Severance Payments. In the event of the termination of the Executive's employment prior to the expiration of the term of this Agreementemployment: (i) by the Company without "Cause," or or (ii) under Section 3.3 3.3, then the Company shall pay Executive, as a severance payment, an amount equal to all of Executive's annual base salary, such salary remaining to be paid under this employment agreement. Such payment to shall be made in twelve (12) equal monthly payments installments during the period commencing on the date such termination occurs (the "Termination Date") and ending one (effective May 1) year thereafter (the "Severance Period"), 2003.