Examples of Employment Continuation Period in a sentence
Employee’s compensation for the Six Months Employment Continuation Period shall be no less than his Base Salary, Target Bonus and discretionary bonus (if any) for the year immediately preceding the Change in Control, prorated for the period that Employee is actually employed under the Six Months Employee Continuation Period.
The Six Months Employment Continuation Period shall be counted as part of any Restricted Period.
Such bonus payments shall be paid on such dates as the bonuses would have been paid under the Currently Effective Bonus Plan were the Currently Effective Bonus Plan to continue from the end of the Base Employment Continuation Period through September 1, 2002.
Any termination by the Employer of Employee’s employment, even if for Cause during the Six Months Employment Continuation Period or for any act alleged to have occurred during the Six Months Employment Continuation Period, shall have no effect upon any of Employee’s Equity or any other benefit or obligation due to Employee from Employer.
It is agreed and understood that, notwithstanding the other provisions of this Agreement, Xxxx will continue after the Employment Continuation Period to make himself available and cooperate in any reasonable manner at reasonable times in providing assistance to the Company in concluding any matters which are presently pending.
Xxxxxx agrees that, after the end of the Extended Employment Continuation Period, he shall not be entitled to, and waives any and all right to, any additional automobile allowance payments, including any automobile allowance payments which would otherwise be payable under and pursuant to the Employment Agreement and any and all other automobile allowance payments of any kind.
During the period from September 1, 2001 and September 15, 2001 (the "Extended Employment Continuation Period"), Xxxxxx will continue to receive his current basic salary (that being an annualized basic salary of $500,000), payable on the same type of pay period schedule as was in effect during the Base Employment Continuation Period.
Rxxxxx'x employment with Eprise shall terminate at the end of the Employment Continuation Period.
After the end of the Base Employment Continuation Period and through and until September 1, 2002, Xxxxxx shall continue to be entitled to receive an amount equal to his monthly automobile allowance of $2,000 per month.
The "Employment Continuation Period" means the period beginning on the Effective Date and ending on September 1, 2001.