Accrued Salary. “Accrued Salary” shall mean accrued and unpaid base salary through the Date of Termination. In addition, in the event the Executive’s annual bonus for the REIT’s most recently completed fiscal year has not yet been paid to the Executive, then Accrued Salary also shall include such prior fiscal year’s earned, accrued and unpaid bonus.
Appears in 7 contracts
Samples: Severance Agreement (DiamondRock Hospitality Co), Severance Agreement (DiamondRock Hospitality Co), Severance Agreement (DiamondRock Hospitality Co)
Accrued Salary. “Accrued Salary” shall mean accrued and unpaid base salary through the Date of Termination. In addition, in the event the Executive’s 's annual bonus for the REIT’s 's most recently completed fiscal year has not yet been paid to the Executive, then Accrued Salary also shall include such prior fiscal year’s 's earned, accrued and unpaid bonus.
Appears in 2 contracts
Samples: Severance Agreement (DiamondRock Hospitality Co), Severance Agreement (DiamondRock Hospitality Co)
Accrued Salary. “Accrued Salary” shall mean accrued and unpaid base salary through the Date of Termination. In addition, in the event the Executive’s 's annual bonus for the REIT’s Company's most recently completed fiscal year has not yet been paid to the Executive, then Accrued Salary also shall include such prior fiscal year’s 's earned, accrued and unpaid bonus.
Appears in 1 contract
