Salary Continuation
Salary Continuation. Means continuation of base salary, based on Executive's annual base salary rate as of the date Executive's Company Employment terminates (Date of Termination), payable for a period of ( ) months following the Date of Termination (Salary Continuation Period).
Found in
LANDS' END, INC. contract
Salary Continuation. The Company shall continue to pay you your base salary at the rate in effect on the date of termination during the Salary Continuation Period
Found in
Foundation Medicine, Inc. contract
Salary Continuation. The Company shall continue to pay you your base salary at the rate in effect on the date of termination during the Salary Continuation Period. The first payment of Salary Continuation shall be paid within sixty (60) days after the date of termination and shall be made on the Company's regular payroll dates; provided, however, that if the sixty (60) day period begins in one calendar year and ends in a second calendar year, the first payment of Salary Continuation shall be paid in the second...
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Found in
Foundation Medicine, Inc. contract
Salary Continuation. The sum of monthly base salary, based on Executive's highest monthly base salary rate prior to the date Executive's Company Employment terminates ("Date of Termination") and one-twelfth of Executive's Annual Bonus payable for a period of twelve (12) months following the Date of Termination ("Salary Continuation Period"), provided that, if the event giving rise to payment of Salary Continuation is a Change in Control Termination, such Salary Continuation Period shall be twenty-four (24) months.
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Found in
LANDS' END, INC. contract