Wage Continuation. If Founder’s employment by the Company is terminated by the Company pursuant to subsection 8.1.2 of this Agreement, the Company shall continue to pay to Founder his base salary (less any payments received by Founder from any disability income insurance policy provided to him under any benefit program of the Company) and shall continue to provide health and medical insurance benefits to Founder under any benefit program of the Company through the earlier to occur of (a) the remaining term of Founder’s employment pursuant to this Agreement or (b) twelve (12) months from the termination of Founder's employment pursuant to subsection 8.1.2 of this Agreement. If Founder's employment by the Company is terminated pursuant to subsection 8.1.1 of this Agreement, the Company shall continue to provided health and medical benefits to the Founder's dependents (if such dependents were covered by the Company's health and medical benefits plan immediately prior to Founder's death and termination pursuant subsection 8.1.1) for the longer of (a) the remaining term of Founder’s employment pursuant to this Agreement or (b) twelve (12) months from the termination of Founder's employment pursuant to subsection 8.1.1. If this Agreement is terminated pursuant to subsection 8.1.3, all of Founder’s right to compensation under this Agreement shall immediately terminate except as otherwise required by applicable law.
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Sources: Employment Agreement (Iptimize, Inc.), Founder’s Employment Agreement (Iptimize, Inc.)
Wage Continuation. If Founder’s employment by the Company is terminated by the Company pursuant to subsection 8.1.2 of this Agreement, the Company shall continue to pay to Founder his base salary (less any payments received by Founder from any disability income insurance policy provided to him under any benefit program of the Company) and shall continue to provide health and medical insurance benefits to Founder under any benefit program of the Company through the earlier to occur of (a) the remaining term of Founder’s employment pursuant to this Agreement or (b) twelve (12) months from the termination of Founder's ’s employment pursuant to subsection 8.1.2 of this Agreement. If Founder's ’s employment by the Company is terminated pursuant to subsection 8.1.1 of this Agreement, the Company shall continue to provided health and medical benefits to the Founder's ’s dependents (if such dependents were covered by the Company's ’s health and medical benefits plan immediately prior to Founder's ’s death and termination pursuant subsection 8.1.1) for the longer of (a) the remaining term of Founder’s employment pursuant to this Agreement or (b) twelve (12) months from the termination of Founder's ’s employment pursuant to subsection 8.1.1. If this Agreement is terminated pursuant to subsection 8.1.3, all of Founder’s right to compensation under this Agreement shall immediately terminate except as otherwise required by applicable law.
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