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name: Income Continuation

Income Continuation. (a) Subject to the provisions of Section 7, upon termination of the employment pursuant to Section 4 of a Plan Member who is an Officer or who, on the Date of Termination, has at least one year of Service, the Company shall pay to him the sum of his annual base salary at the rate in effect at the time Notice of Termination is given plus his Annual Bonus (excluding Performance Stock/Cash Awards) under the I.C. Plan based on such rate, in equal monthly installments over a period of 12 months following the Date of Termination; provided that in the case of Notice of Termination given after a Change in Control, the payments shall consist of twice his annual base salary plus twice his Annual Bonus, payable over a 24 month period; and provided ...
Income Continuation. (a) Subject to the provisions of Section 6, upon termination of the employment pursuant to Section 4 of a Plan Member, the Company shall pay to the Plan Member the sum of his annual base salary at the rate in effect at the time Notice of Termination is given plus his Annual Bonus (excluding Performance Stock/Cash Awards) under the I.C. Plan based on such rate, in equal monthly installments over a period of 12 months following the Date of Termination, on the first day of each month; provided that in the case of Notice of Termination given after a Change in Control, the payments shall consist of twice his annual base salary plus twice his Annual Bonus, payable over a 24 month period; and provided further that in the case of Notice of ...