Common use of Termination Pursuant to Section Clause in Contracts

Termination Pursuant to Section. 3(c) (Cause). In the event that the Employment Period is terminated pursuant to Section 3(c), no further compensation shall be paid to Employee following the effective date of termination, provided that, within 35 days of the effective date of termination, the Employers shall pay to Employee a lump sum cash payment equal to the Accrued Obligations.

Appears in 6 contracts

Samples: Employment Agreement (Reis, Inc.), Employment Agreement (Reis, Inc.), Employment Agreement (Reis, Inc.)

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Termination Pursuant to Section. 3(c) (Cause). In the event that the Employment Period is terminated pursuant to Section 3(c), no further compensation shall be paid to Employee following the effective date of termination, provided that, within 35 days of on the 35th day following the effective date of termination, the Employers shall pay to Employee a lump sum cash payment equal to the Accrued Obligations.

Appears in 2 contracts

Samples: Employment Agreement (Reis, Inc.), Employment Agreement (Reis, Inc.)

Termination Pursuant to Section. 3(c) (Cause). In the event that the Employment Period is terminated pursuant to Section 3(c), no further compensation shall be paid to Employee following the effective date of termination, provided that, within 35 45 days of the effective date of termination, the Employers shall pay to Employee a lump sum cash payment equal to the Accrued Obligations.

Appears in 1 contract

Samples: Employment Agreement (Reis, Inc.)

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Termination Pursuant to Section. 3(c) (Cause). In the event that the Employment Period is terminated pursuant to Section 3(c), no further compensation shall be paid to Employee following the effective date of termination, provided that, within 35 45 days of the effective date of termination, the Employers Employer shall pay to Employee a lump sum cash payment equal to the Accrued Obligations.

Appears in 1 contract

Samples: Employment Agreement (Reis, Inc.)

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