Common use of Termination Pay Clause in Contracts

Termination Pay. Effective upon the termination of the Employment Period, the Employer will be obligated to pay the Employee (or, in the event of his death, his designated beneficiary) only such compensation as is provided in this Section 6.2 or as otherwise required by law. For purposes of this Section 6.2, the Employee's designated beneficiary will be such individual beneficiary or trust, located at such address, as the Employee may designate by notice to the Employer from time to time or, if the Employee fails to give notice to the Employer of such a beneficiary, the Employee's estate.

Termination Pay. Effective upon the termination Upon cessation of the Employment PeriodEmployee’s employment with Employer, the Employer will be obligated to pay the Employee (or, in the event of his death, his designated beneficiary) only such compensation compensation, if any, as is provided in this Section 6.2 or as otherwise required by law6.2. For purposes of this Section 6.2, the Employee's designated beneficiary will be such individual beneficiary or trust, located at such address, as the Employee may designate by notice to the Employer from time to time or, if the Employee fails to give notice to the Employer of such a beneficiary, the Employee's estate.

Termination Pay. Effective upon the termination Upon cessation of the Employment PeriodEmployee’s employment with Employer, the Employer will be obligated to pay the Employee (or, in the event of his the Employee’s death, his the Employee’s designated beneficiary) only such compensation compensation, if any, as is provided in this Section 6.2 or as otherwise required by law6.2. For purposes of this Section 6.2, the Employee's ’s designated beneficiary will be such individual beneficiary or trust, located at such address, as the Employee may designate by notice to the Employer from time to time or, if the Employee fails to give notice to the Employer of such a beneficiary, the Employee's ’s estate.

Termination Pay. Effective upon the termination of the Employment Period, the Employer will be obligated to pay the Employee (or, in the event of his death, his designated beneficiary) only such compensation as is provided in this Section 6.2 or as otherwise required by law. For purposes of this Section 6.2, the Employee's designated beneficiary will be such individual beneficiary or trust, trust located at such address, as the Employee may designate by notice to the Employer from time to time or, if the Employee fails to give notice to the Employer of such a beneficiary, the Employee's estate.

Termination Pay. Effective upon the termination Upon cessation of the Employment PeriodEmployee’s employment with Employer, the Employer will be obligated to pay the Employee (or, in the event of his her death, his her designated beneficiary) only such compensation compensation, if any, as is provided in this Section 6.2 or as otherwise required by law6.2. For purposes of this Section 6.2, the Employee's ’s designated beneficiary will be such individual beneficiary or trust, located at such address, as the Employee may designate by notice to the Employer from time to time or, if the Employee fails to give notice to the Employer of such a beneficiary, the Employee's ’s estate.

Termination Pay. Effective upon the termination of the Employment Period, the Employer will be obligated to pay the Employee (or, in the event of his death, his designated beneficiary) only such compensation as is provided in 7.1 or this Section 6.2 7 for each of the specifically described methods or events of termination or as otherwise required by law. For purposes of this Section 6.27.2, the Employee's ’s designated beneficiary will be such individual beneficiary or trust, located at such address, as the Employee may designate by notice to the Employer from time to time or, if the Employee fails to give notice to the Employer of such a beneficiary, the Employee's ’s estate.

Termination Pay. Effective upon the termination Upon cessation of the Employment PeriodEmployee’s employment with Employer, the Employer will be obligated to pay the Employee (or, in the event of his death, his designated beneficiary) only such compensation as is provided in this Section 6.2 or as otherwise required by law6.2. For purposes of this Section 6.2, the Employee's ’s designated beneficiary will be such individual beneficiary or trust, located at such address, as the Employee may designate by notice to the Employer from time to time or, if the Employee fails to give notice to the Employer of such a beneficiary, the Employee's ’s estate.

Termination Pay. Effective upon the termination Upon cessation of the Employment PeriodEmployee’s employment with Employer, the Employer will be obligated to pay the Employee (or, in the event of his death, his designated beneficiary) only such compensation as is provided in this Section 6.2 or as otherwise required by law6.2. For purposes of this Section 6.2, the Employee's designated beneficiary will be such individual beneficiary or trust, located at such address, as the Employee may designate by notice to the Employer from time to time or, if the Employee fails to give notice to the Employer of such a beneficiary, the Employee's estate.