Common use of Continuation of Base Salary Clause in Contracts

Continuation of Base Salary. a. In furtherance of GTECH's obligations to Mr. ▇▇▇▇▇▇▇▇ ▇▇der its severance policy, and in consideration of his long-standing contribution to GTECH, GTECH shall provide Mr. ▇▇▇▇▇▇▇▇, ▇ithin ten (10) days of the Termination Date, with a one-time payment of $700,000, subject to all applicable withholdings and deductions. b. This payment and the other benefits provided for in this Agreement constitute the entire obligation of GTECH, represent full and complete satisfaction by GTECH of all obligations under the severance policy, and constitute full and complete settlement of any claim under law or equity that that Mr. ▇▇▇▇▇▇▇▇ ▇▇ght otherwise assert against GTECH for compensation, benefits or remuneration of any form.

Continuation of Base Salary. a. (a) In furtherance of GTECH's obligations to Mr. ▇▇. ▇▇▇▇▇▇▇▇ ▇▇der its severance policy, and in consideration of his long-standing contribution to GTECHunder the Separation Agreement, GTECH shall provide Mr. continue ▇▇. ▇▇▇▇▇▇▇▇, ▇ithin ten (10) days ' base salary as of the Termination Date, with a one-time payment of Separation Date (annualized at $700,000285,500.00), subject to all applicable withholdings and deductions, for a period that shall end ten (10) months from the Separation Date. b. This payment (b) These payments and the other benefits provided for in this Agreement constitute the entire obligation of GTECH, represent full and complete satisfaction by GTECH of all obligations under the Separation Agreement and any severance policy, and constitute full and complete settlement of any claim under law or equity that that Mr. ▇▇. ▇▇▇▇▇▇▇▇ ▇▇ght might otherwise assert against GTECH for compensation, benefits or remuneration of any form.