OF YOUR ENTITLEMENT TO PARTICIPATE IN THE
COMPANY'S CASH INCENTIVE COMPENSATION PLAN IN RESPECT OF THE CURRENT CALENDAR
YEAR, AND THE PRIOR YEAR IF SUCH PAYMENT HAS NOT YET BEEN MADE,
TO BE PRO-RATED
WITH RESPECT TO THE PORTION OF THE CURRENT CALENDAR YEAR WORKED BY YOU UP TO AND
INCLUDING YOUR LAST DAY OF EMPLOYMENT WITH THE COMPANY AND, IN RESPECT OF THE
CURRENT CALENDAR YEAR,
SHALL BE CALCULATED AT THE MAXIMUM ANNUAL BONUS
ENTITLEMENT AVAILABLE TO YOU UNDER THE COMPANY'S CASH INCENTIVE COMPENSATION
PLAN AT THE TIME OF THE INVOLUNTARY TERMINATION OR THE ENTITLEMENT WHICH WAS
AVAILABLE TO YOU IMMEDIATELY PRIOR TO THE OCCURRENCE OF ANY PRIOR TRIGGERING
EVENT, WHICHEVER AMOUNT IS GREATER;
(E)
BENEFITS - CONTINUE TO PROVIDE YOU AND YOUR
ELIGIBLE DEPENDANTS WITH COVERAGE UNDER THE COMPANY'S BENEFIT PLANS FOR A PERIOD
OF 30 DAYS AFTER YOUR LAST DAY OF EMPLOYMENT WITH THE COMPANY AND, AT YOUR
REQUEST,
FOR SUCH FURTHER PERIOD (THE AGGREGATE OF WHICH SHALL NOT EXCEED THE
SEVERANCE PERIOD) AS THE INSURER SHALL PERMIT, AND FOR ANY PERIOD OF THE
SEVERANCE PERIOD DURING WHICH SUCH COVERAGE IS NOT MAINTAINED, THE COMPANY SHALL
PAY TO YOU COMPENSATION IN THE AMOUNT OF 10% OF
YOUR BASE SALARY, CALCULATED IN
ACCORDANCE WITH SECTION 2.1(A), PROVIDED THAT THE COMPANY'S OBLIGATION TO
MAINTAIN COVERAGE FOR YOU AND YOUR ELIGIBLE DEPENDANTS UNDER THIS SUBSECTION
WILL BE CONDITIONAL UPON YOUR AND YOUR ELIGIBLE DEPENDANTS REMAINING IN CANADA;
(F)
MOVING EXPENSES - PAY SUCH MOVING
EXPENSES AS MAY BE REASONABLY INCURRED BY YOU TO RELOCATE YOU AND YOUR FAMILY TO
A NEW LOCATION FOR FUTURE EMPLOYMENT PURPOSES OR THE LOCATION FROM WHICH YOU
TRAVELED TO VANCOUVER, AS THE CASE MAY BE, INCLUDING, IN THE EVENT THAT YOU ARE
UNABLE TO SELL YOUR HOME IN VANCOUVER BEFORE YOU ARE REQUIRED TO PAY COSTS OF
ACCOMMODATION AT YOUR NEW LOCATION, THE COSTS OF SUCH ACCOMMODATION UNTIL YOU
DERIVE PROCEEDS FROM THE SALE OF YOU HOME IN VANCOUVER, OR SIX MONTHS, WHICHEVER
PERIOD IS LONGER,
TOGETHER WITH ANY ADDITIONAL RELOCATION REIMBURSEMENT TO
WHICH YOU MAY THEN BE ENTITLED UNDER THE TERMS OF YOUR EMPLOYMENT AGREEMENT WITH
THE COMPANY, SUCH EXPENSES TO BE CALCULATED AND PAID IN ACCORDANCE WITH TERMS OF
YOUR EMPLOYMENT AGREEMENT, PROVIDED THAT THERE IS NO DUPLICATION OF PAYMENTS
PURSUANT TO THE EMPLOYMENT AGREEMENT AND THIS CLAUSE;
(G)
OUT-PLACEMENT COUNSELLING - REIMBURSE YOU
FOR OUT-PLACEMENT COUNSELLING SERVICES FROM A QUALIFIED COUNSELLOR TO BE AGREED
TO BY YOU AND THE COMPANY TO A MAXIMUM OF CDN$5,000 FOR SERVICES RENDERED TO YOU
IN SEEKING ALTERNATIVE EMPLOYMENT.
2.3
TIMING OF PAYMENT.
THE AMOUNTS SET OUT IN
SECTIONS 2.1 AND 2.2 SHALL BE PAID TO YOU IN A LUMP SUM PAYMENT WITHIN 30 DAYS
OF YOUR INVOLUNTARY TERMINATION, EXCEPT FOR THE RRSP PAYMENTS DESCRIBED IN
SECTION 2.1(C) AND 2.2(D), WHICH WILL BE PAYABLE IN ACCORDANCE WITH THE TERMS OF
YOUR EMPLOYMENT AGREEMENT IN THE SAME MANNER AS IF YOU WERE EMPLOYED THROUGHOUT
THE SEVERANCE PERIOD.
2.4
NO DUPLICATION. THE COMPANY AGREES THAT AN
INVOLUNTARY TERMINATION BY