Termination Pay

Example Definitions of "Termination Pay"
Termination Pay. A payment required to be made by the Company to the Executive pursuant to Section 2(a) (ii) or Section 2(b) hereof
Termination Pay. A payment required to be made by the Company to the Executive pursuant to Section 2(a) (ii) or Section 2(b) hereof
Termination Pay. A payment required to be made by the Company to the Executive pursuant to Section 2(a) (ii) or Section 2(b) hereof
View Variations
Termination Pay. (i) $350,000 if Employee's employment is terminated by the Group for Cause, or (ii) $0 if Employee's employment is terminated due to his death or Disability or (iii) $1,050,000 if Employee's employment is terminated for any reason other than under clause (i) or (ii).
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