Common use of Date of Termination, Etc Clause in Contracts

Date of Termination, Etc. Date of Termination" shall mean: (i) if employment is terminated for Disability, the date as provided in Section 4.4(a), and (ii) if employment is terminated for Cause pursuant to Section 4.1 or for any other reason (other than Disability), the date specified in the Notice of Termination (which, in the case of a termination pursuant to Section 4.1 shall be the end of a calendar month but not less than 15 days). Amounts paid under this Section are in addition to all other amounts due under this Agreement and shall not be offset against or reduce any other amounts due under this Agreement.

Appears in 4 contracts

Sources: Employment Agreement (Allied Motion Technologies Inc), Employment Agreement (Allied Motion Technologies Inc), Employment Agreement (Allied Motion Technologies Inc)

Date of Termination, Etc. β€œDate of Termination" ” shall mean: (i) if employment is terminated for Disability, the date as provided in Section 4.4(a), and (ii) if employment is terminated for Cause pursuant to Section 4.1 or for any other reason (other than Disability), the date specified in the Notice of Termination (which, in the case of a termination pursuant to Section 4.1 shall be the end of a calendar month but not less than 15 days). Amounts paid under this Section are in addition to all other amounts due under this Agreement and shall not be offset against or reduce any other amounts due under this Agreement.

Appears in 3 contracts

Sources: Employment Agreement (Allied Motion Technologies Inc), Employment Agreement (Allied Motion Technologies Inc), Employment Agreement (Allied Motion Technologies Inc)