Xxxxxxxxx Payments and Benefits. Subject to Subsection 4b, if Employee's employment under this Agreement is terminated by employer without a showing of reasonable cause, as defined under Subsection 2.c(1), employee shall be entitled to receive the following Severance Payments and Benefits from Employer:
Xxxxxxxxx Payments and Benefits. If Executive meets the Release Requirements and otherwise complies with this Agreement:
Xxxxxxxxx Payments and Benefits. If the Term ends early pursuant to paragraph 5.C on account of a Termination Without Cause, Xx. Xxxxxx will be entitled to the following:
Xxxxxxxxx Payments and Benefits. Upon the expiration of the Term or upon the early termination of the Term pursuant to Sections 3.b.(1) or 3.b.(3), Employee shall receive the following Severance Payments and Benefits from Employer:
Xxxxxxxxx Payments and Benefits. A. Subject to Section I.B, Employee shall receive the following payments and benefits (collectively, the “Payments” or “Benefits”) if Employee (1) signs, notarizes and delivers this Release within the time frames and in accordance with the provisions of Section VI.B; and (2) does not cancel or revoke the Release within the time frames and in accordance with the provisions of Section VI.C: • A cash payment equal to $1,166,400.00, which is equal to twenty-four (24) months Base Pay ($432,000 * 2 = $864,000) plus an additional amount that represents an annual incentive bonus payable at target ($432,000 * 70% = $302,400), paid, less appropriate withholdings and deductions, in a lump sum within thirty (30) days after the Termination Date. • A cash payment equal to $49,846.15, as compensation for your earned but unused vacation for 2012, paid, less appropriate withholdings and deductions, in a lump sum within thirty (30) days after the Termination Date. • A cash payment equal to the Management Performance Incentive Plan bonus that the Employee would have earned had he been granted an award under such Plan on account of 2012, but prorated for the period beginning on January 1, 2012 and ending on his Termination Date, paid, less appropriate withholdings and deductions, in a lump sum when, and at the rate, the 2012 Management Performance Incentive Plan bonuses are paid to active employees of the Company, which is expected to be in the first quarter of 2013. • Continued coverage under the medical, prescription drug, dental, and vision benefit programs under the health care plan for active employees offered by the Company, if any (the “Active Health Care Plan”), through the period described below as long as the Employee timely and properly pays the same portion of the costs of such coverages as is paid by similarly situated active employees. Such coverages will end at the earlier of: o The date the Employee fails to pay his share of the costs for such coverages;
Xxxxxxxxx Payments and Benefits. [To be completed at the time of separation. Annex to include full list of any severance payments on any other benefits (including treatment of equity awards) to be provided in connection with Executive’s separation.] Exhibit B PRIOR INVENTIONS TO: Cuentas, Inc. FROM: Xxxxxxx Xx Xxxxx DATE: August 26, 2021 SUBJECT: Prior Inventions
Xxxxxxxxx Payments and Benefits. In consideration of Employee’s promises, covenants and agreements in this Agreement and Employee’s execution of this Agreement within twenty-one (21) days of May 30, 2024 and Employee’s non-revocation of this Agreement, Employee shall be entitled to the following payments and benefits, each as further set forth on Exhibit A attached hereto, in each case, the sufficiency of which is hereby expressly acknowledged:
Xxxxxxxxx Payments and Benefits. (i) Within five (5) days of the Termination Date, the Company, Related Entity or Successor shall deliver to Officer a lump sum payment equal to the value of six (6) months of Base Salary.
Xxxxxxxxx Payments and Benefits. In addition to the payment described in Subsection (a), the Employer shall provide the Employee with the severance payments and other benefits described in this Subsection (b), in the amounts and under the circumstances described below:
Xxxxxxxxx Payments and Benefits. In the event at the end of the Initial Term either Employee chooses not to renew this Agreement, or Employer fails to offer Employee employment in the capacity provided for herein at an annual salary and related benefits at least equal to the salary and benefits provided for herein and at a primary work location in the Northeastern United States (subject to such travel as the Employer may reasonably request), or Employer and Employee are unable to mutually agree to other terms and conditions for Employee's continued employment during any such Renewal Term, Employee shall receive the following Severance Payments and Benefits from Employer:
