Common use of Base Salary Payment Clause in Contracts

Base Salary Payment. If prior to the occurrence of a Change in Control (i) the Company terminates the Executive's employment for any reason other than for Cause or the Executive's death or disability or (ii) the Executive resigns because of the breach by the Company of any term of this Agreement (but only if such breach is not remedied by the Company promptly after it receives notice thereof from Executive), then in each case the Executive shall be entitled to receive a lump sum payment equal to two times his Base Salary.

Base Salary Payment. If prior to the occurrence of a Change in Control (i) the Company terminates the Executive's employment for any reason other than for Cause or the Executive's death or disability or (ii) the Executive resigns because of the breach by the Company of any term of this Agreement (but only if such breach is not remedied by the Company promptly after it receives notice thereof from Executive), then in each case the Executive shall be entitled to receive a lump sum payment equal to two times his Base Salary.promptly