Document ID: 11466

Text:
| (i)| The Executive shall be paid two times the Executives Final Compensation. For purposes of this Agreement, Final Compensation means (a) the annual base salary in effect on the date of termination (or the annual base salary in effect immediately prior to a reduction in the Executives base salary in the event the Executive resigns for Good Reason based on Section 8(b)(iii) hereunder) and (b) an annual bonus amount equal to 30% of annual base salary. The payment of Final Compensation shall be made over twenty-four months in installments such that the Final Compensation payments are made at the same time as Executive would have received his base salary. ---|---|---

Named Entities:
89
90
Percentage
105
106
TerminationDate

Tokenized Text:
|
(
i
)
|
The
Executive
shall
be
paid
two
times
the
Executives
Final
Compensation
.
For
purposes
of
this
Agreement
,
Final
Compensation
means
(
a
)
the
annual
base
salary
in
effect
on
the
date
of
termination
(
or
the
annual
base
salary
in
effect
immediately
prior
to
a
reduction
in
the
Executives
base
salary
in
the
event
the
Executive
resigns
for
Good
Reason
based
on
Section
8
(
b
)
(
iii
)
hereunder
)
and
(
b
)
an
annual
bonus
amount
equal
to
30
%
of
annual
base
salary
.
The
payment
of
Final
Compensation
shall
be
made
over
twenty-four
months
in
installments
such
that
the
Final
Compensation
payments
are
made
at
the
same
time
as
Executive
would
have
received
his
base
salary
.
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