Common use of Base Salary and Other Compensation Clause in Contracts

Base Salary and Other Compensation. All Base Salary and Other Compensation shall cease at the time of such termination, subject to the terms of any benefit or compensation plan then in force and applicable to Employee. Except as specifically set forth in this Section 9.3, the Company shall have no liability or obligation hereunder by reason of such termination.

Appears in 1 contract

Sources: Employment Agreement (Owosso Corp)

Base Salary and Other Compensation. All Except as specifically set forth in this Section 9.5(b), all Base Salary and Other Compensation shall cease at the time of such termination, subject to the terms of any benefit or compensation plan then in force and applicable to Employee. Except as specifically set forth in this Section 9.39.5, the Company shall have no liability or obligation hereunder by reason of such termination.

Appears in 1 contract

Sources: Employment Agreement (Owosso Corp)

Base Salary and Other Compensation. All Base Salary and Other Compensation shall cease at the time of such termination, subject to the terms of any benefit or compensation plan then in force and applicable to Employee. Except as specifically set forth in this Section 9.39.4, the Company shall have no liability or obligation hereunder by reason of such termination.

Appears in 1 contract

Sources: Employment Agreement (Owosso Corp)