Common use of Certain Other Terminations Clause in Contracts

Certain Other Terminations. If the Employment Period is terminated by Employer pursuant to the provisions of Section 5.2, by Executive pursuant to Section 5.1, or by death, pursuant to the provisions of Section 5.5, Employer shall pay to Executive (i) Base Salary (calculated at its then current rate per year) through the date of termination and (ii) in the case of termination by death pursuant to the provisions of Section 5.5, when due pursuant to provisions of Section 4.2 the Bonus for the Bonus Year in which the date of termination occurred prorated as provided in said Section 4.2. Employer shall have no obligation to continue any other benefits provided for in Section 4 past the date of termination.

Certain Other Terminations. If the Employment Period is terminated by Employer pursuant to the provisions of Section 5.2, by Executive pursuant to Section 5.1, 5.1 or by death, death pursuant to the provisions of Section 5.5, Employer shall pay to Executive (i) Base Salary (calculated at its then current rate per year) through the date of termination and (ii) in the case of termination by death pursuant to the provisions of Section 5.5, when due pursuant to provisions of Section 4.2 the Bonus for the Bonus Year in which the date of termination occurred prorated as provided in said Section 4.2. Employer shall have no obligation to continue any other benefits provided for in Section 4 past the date of termination.