Examples of Employment Termination Date in a sentence
The Employment Termination Date shall be as follows: (i) if Employee’s employment is terminated by Employee’s death, the date of Employee’s death; (ii) if Employee’s employment is terminated pursuant to any other provision of this Agreement, the date specified in the Notice of Termination (the “Employment Termination Date”).
A “Notice of Termination” is a written notice delivered in the manner set forth in Paragraph 10 hereof that must (i) indicate the specific termination provision in this Agreement relied upon, and (ii) specify the Employment Termination Date.
Upon termination of this Agreement because of Employee’s death: (i) Company shall pay Employee’s estate the accrued and unpaid portion of Employee’s Base Salary and any Bonuses earned for services provided through the Employment Termination Date (the “Compensation Payment”); and (ii) Company shall pay Employee’s estate any reimbursement for business travel and other expenses to which Employee is entitled hereunder (the “Reimbursement”).