Common use of Xxxxxxxxx Payment Clause in Contracts

Xxxxxxxxx Payment. The Company shall pay Employee the severance payments and other severance benefits (collectively, the “Benefits”) set forth in his Employment Agreement dated as of January _ 2015 (the “Employment Agreement”). The Employee shall not receive the first cash payment until the first regular payroll date that falls at least 10 business days after the Effective Date (as defined below).

Xxxxxxxxx Payment. The Company shall pay Employee the severance payments and other severance benefits (collectively, the “Benefits”) set forth in his Employment Agreement dated as of January _ 2015 2018 (the “Employment Agreement”). The Employee shall not receive the first cash payment until the first regular payroll date that falls at least 10 ten (10) business days after the Effective Date (as defined below).