Termination Upon Expiration Date. In the event that Executive’s employment with the Company terminates upon the expiration of the Term of Employment, the Executive shall be entitled to only the Accrued Obligations.
Appears in 5 contracts
Sources: Employment Agreement (FlexShopper, Inc.), Merger Agreement (National Holdings Corp), Merger Agreement (Vfinance Inc)
Termination Upon Expiration Date. In the event that Executive’s employment with the Company terminates upon the expiration of the Term of Employment, the Executive shall be entitled to only the Accrued Obligationsbenefits set forth in Section 6(e) unless the Company provides notice of termination prior to the expiration of the Initial Term or any Renewal Term in which case Executive shall receive the Severance Amount.
Appears in 4 contracts
Sources: Executive Employment Agreement (Atlantic International Corp.), Executive Employment Agreement (Atlantic International Corp.), Executive Employment Agreement (SeqLL, Inc.)
Termination Upon Expiration Date. In the event that Executive’s employment with the Company terminates upon the expiration of the Term of Employment, the Executive shall be entitled to only and the Company shall pay the Executive:
(i) the Accrued Obligations; and
(ii) the continuation of the health benefits provided to Executive and his covered dependants under the Company health plans as in effect from time to time after the date of such termination at the same cost applicable to active employees until the expiration of the Severance Term.
Appears in 1 contract
Termination Upon Expiration Date. In the event that Executive’s 's employment with the Company terminates upon the expiration of the Initial Term of Employment, the Executive shall be entitled to only and the Accrued ObligationsCompany shall pay the Executive the Expiration Amount.
Appears in 1 contract
Sources: Employment Agreement (Abakan, Inc)
Termination Upon Expiration Date. 10 In the event that Executive’s employment with the Company terminates upon the expiration of the Term of Employment, the Executive shall be entitled to only and the Company shall pay the Executive:
(i) the Accrued Obligations; and
(ii) the continuation of the health benefits provided to Executive and his covered dependants under the Company health plans as in effect from time to time after the date of such termination at the same cost applicable to active employees until the expiration of the Severance Term.
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