Common use of Termination Payments/Benefits Clause in Contracts

Termination Payments/Benefits. If your employment terminates under Paragraph 8(b), you will thereafter receive, less applicable withholding taxes, and conditioned on your execution of a General Release and Waiver of Claims substantially in the form attached hereto as an Addendum: (i) your Salary, as in effect on the date on which your employment terminates, for twenty-four (24) months after the date of such termination, paid in accordance with Blockbuster’s then effective payroll practices; (ii) bonus compensation for the calendar year in which such termination occurs, payable by the end of the first quarter of the following year, determined as follows:

Termination Payments/Benefits. If In the event that your employment ----------------------------- terminates under Paragraph paragraph 8(b) or (c), you will shall thereafter receive, less applicable withholding taxes, and conditioned on your execution of a General Release and Waiver of Claims substantially in the form attached hereto as an Addendum: (i) your Salary, as in effect on the date on which your employment terminates, for twenty-four twelve (2412) months after the date of such terminationtermination or the balance of the Term, whichever is longer, paid in accordance with Blockbuster’s 's then effective payroll practices; (ii) bonus compensation for the calendar year in which such termination occurs, payable by the end of the first quarter of the following year, determined as follows:

Termination Payments/Benefits. If your employment terminates ----------------------------- under Paragraph 8(b), you will thereafter receive, less applicable withholding taxes, and conditioned on your execution of a General Release and Waiver of Claims substantially in the form attached hereto as an Addendum: (i) your Salary, as in effect on the date on which your employment terminates, for twentythirty-four six (2436) months after the date of such termination, paid in accordance with Blockbuster’s 's then effective payroll practices; (ii) bonus compensation for the calendar year in which such termination occurs, payable by the end of the first quarter of the following year, determined as follows: