Document ID: 10576

Text:
(b) If Employees employment is terminated pursuant to Section7.01(a) or (d)and provided that Employee shall have executed and delivered to the Company the a release of claims substantially in the form attached hereto as Exhibit A (the Release) and any period for rescission of such Release shall have expired without Employee having rescinding such Release, in addition to the Accrued Compensation, Employee shall be entitled to receive either (i)if Employee has been an employee of the Company or its affiliates for less than two years prior to the date of termination, continuation of the Base Salary for up to six (6)months from the date of termination, payable in six equal monthly installments in accordance with the Companys regular payroll practices, and reimbursement, up to a maximum of six (6)months, of the Company-paid portion of premium payments, as if Employee had remained an active employee, for any COBRA coverage Employee elects, if any; or (ii)if Employee has been an employee of the Company or its affiliates for at least two years prior to the date of termination, an amount equal to continuation of the Base Salary for up to twelve (12)months from the date of termination, payable in twelve equal monthly installments in accordance with the Companys regular payroll practices, and reimbursement, up to a maximum of twelve (12)months, of the Company-paid portion of premium payments, as if Employee had remained an active employee, for any COBRA coverage Employee elects, if any.

Named Entities:
112
113
Salary
117
121
TerminationDate
176
176
Act
224
228
TerminationDate
283
283
Act

Tokenized Text:
(
b
)
If
Employees
employment
is
terminated
pursuant
to
Section7
.
01
(
a
)
or
(
d
)
and
provided
that
Employee
shall
have
executed
and
delivered
to
the
Company
the
a
release
of
claims
substantially
in
the
form
attached
hereto
as
Exhibit
A
(
the
Release
)
and
any
period
for
rescission
of
such
Release
shall
have
expired
without
Employee
having
rescinding
such
Release
,
in
addition
to
the
Accrued
Compensation
,
Employee
shall
be
entitled
to
receive
either
(
i
)
if
Employee
has
been
an
employee
of
the
Company
or
its
affiliates
for
less
than
two
years
prior
to
the
date
of
termination
,
continuation
of
the
Base
Salary
for
up
to
six
(
6
)
months
from
the
date
of
termination
,
payable
in
six
equal
monthly
installments
in
accordance
with
the
Companys
regular
payroll
practices
,
and
reimbursement
,
up
to
a
maximum
of
six
(
6
)
months
,
of
the
Company-paid
portion
of
premium
payments
,
as
if
Employee
had
remained
an
active
employee
,
for
any
COBRA
coverage
Employee
elects
,
if
any
;
or
(
ii
)
if
Employee
has
been
an
employee
of
the
Company
or
its
affiliates
for
at
least
two
years
prior
to
the
date
of
termination
,
an
amount
equal
to
continuation
of
the
Base
Salary
for
up
to
twelve
(
12
)
months
from
the
date
of
termination
,
payable
in
twelve
equal
monthly
installments
in
accordance
with
the
Companys
regular
payroll
practices
,
and
reimbursement
,
up
to
a
maximum
of
twelve
(
12
)
months
,
of
the
Company-paid
portion
of
premium
payments
,
as
if
Employee
had
remained
an
active
employee
,
for
any
COBRA
coverage
Employee
elects
,
if
any
.