Common use of Accrued Amounts Clause in Contracts

Accrued Amounts. In the event of a termination of the Executive’s employment for any reason, the Executive shall be entitled to: (i) any Base Salary earned but unpaid through the date of termination; and (ii) the Executive’s accrued and unused vacation and unreimbursed business expenses (for which the Executive is entitled to reimbursement under this Agreement), in each case, as of the date of such termination (collectively, the “Accrued Amounts”). The Accrued Amounts will be paid within sixty (60) days following termination of employment.

Appears in 4 contracts

Samples: Employment Agreement (Installed Building Products, Inc.), Employment Agreement (Installed Building Products, Inc.), Employment Agreement (Installed Building Products, Inc.)

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Accrued Amounts. In the event of a Upon any termination of the Executive’s employment for any reason, the Executive shall be entitled towill receive: (i) any Executive’s accrued Base Salary earned but unpaid through the effective date of the Executive’s termination; and , (ii) the Executive’s accrued payment in lieu of any earned, but unused, vacation, and unused vacation and unreimbursed business expenses (for which the Executive is entitled to iii) reimbursement under this Agreement), in each case, as of the date of such termination (collectively, the “Accrued Amounts”). The Accrued Amounts will be paid within sixty (60) days following termination of employment.the

Appears in 1 contract

Samples: Employment Agreement (ADC Therapeutics SA)

Accrued Amounts. In the event of a termination of Upon the Executive’s termination of employment for any reason, the Executive shall will be entitled to: to receive (i) any Base Salary base salary earned but unpaid through the date of termination; and , (ii) the Executive’s any accrued and unused vacation and unreimbursed business expenses (for which the Executive is entitled to reimbursement unpaid employee benefits under this Agreement), in each case, as any plans or programs of the date Company, pursuant to the terms of such termination plans and (collectively, iii) any unreimbursed expenses in accordance with the expense reimbursement policy of the Company (the “Accrued Amounts”). The Accrued Amounts will be paid within sixty (60) days following termination of employment.

Appears in 1 contract

Samples: Transition and Separation Agreement (ProSight Global, Inc.)

Accrued Amounts. In the event of a Upon any termination of the Executive’s employment for any reason, the Executive shall be entitled towill receive: (i) any Executive’s accrued Base Salary earned but unpaid through the effective date of the Executive’s termination; and , (ii) payment in lieu of any earned, but unused, vacation, and (iii) reimbursement of the Executive’s accrued and unused vacation and unreimbursed business expenses in accordance with the Company’s reimbursement policy as in effect from time to time. (for which the Executive is entitled to reimbursement under this Agreementd), in each case, as of the date of such termination (collectively, the “Accrued Amounts”). The Accrued Amounts will be paid within sixty (60) days following termination of employment.

Appears in 1 contract

Samples: Employment Agreement (ADC Therapeutics SA)

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Accrued Amounts. In the event of a any termination of the Executive’s employment for any reason, as of the Termination Date, the Executive shall be entitled to: (i) any Base Salary base salary earned but unpaid not paid through the date of such termination, paid on the next regularly scheduled payroll date following such termination; (ii) any unreimbursed business expenses reimbursable; and (iiiii) all other benefits, if any, due to the Executive’s accrued and unused vacation and unreimbursed business expenses (for which the Executive is entitled to reimbursement under this Agreement), in each case, as determined in accordance with the plans, policies and practices of the date of such termination (collectivelyCompany, the “Accrued Amounts”). The Accrued Amounts will be paid within sixty (60) days following termination of employmentEmployer and applicable law.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (CrowdStrike Holdings, Inc.)

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