Common use of Accrued Amounts Clause in Contracts

Accrued Amounts. Except as provided in this Section 6, if Executive’s employment hereunder is terminated pursuant to Section 5, all future compensation and benefits to which Executive is otherwise entitled under this Agreement shall cease and terminate as of the date of such termination, and Executive (or his estate) shall be entitled to receive (the payments and benefits in Section 6(a)(i)-(v), the “Accrued Amounts”): (i) Executive’s Base Salary through the date of termination; (ii) if Executive’s termination occurs on or after January 1st of a calendar year, but before the date on which bonuses are paid, if any, pursuant to achievement of performance goals set under the Company’s annual incentive plan for the year immediately preceding the year in which Executive’s termination of employment occurs, an amount, subject to the Company’s discretion as applied in a manner consistent with the determination for similarly situated employees and paid at the same time the Company pays bonuses to similarly situated employees under such plan, equal to the amount Executive would have earned if Executive had remained employed with the Company until the date such bonuses would otherwise have been paid; (iii) those benefits that are provided by welfare benefit plans and programs adopted and approved by the Company for Executive that, under the terms of the relevant plans and programs, are earned and vested and payable on or before the date of termination; (iv) any rights Executive (or his estate) may have under any stock option, restricted stock, performance share unit or any other stock-based award; and (v) medical and similar employee welfare benefits, the continuation of which is required by applicable law or as provided in the applicable welfare benefit plan.

Accrued Amounts. Except as provided in this Section 6, if ExecutiveEmployee’s employment hereunder is terminated pursuant to Section 5, all future compensation and benefits to which Executive Employee is otherwise entitled under this Agreement shall cease and terminate as of the date of such termination, and Executive Employee (or his estate) shall be entitled to receive (the payments and benefits in Section 6(a)(i)-(v), ) (the “Accrued Amounts”): (i) ExecutiveEmployee’s Base Salary through the date of termination; (ii) if ExecutiveEmployee’s termination occurs on or after January 1st of a calendar year, but before the date on which bonuses are paid, if any, pursuant to achievement of performance goals set under the Company’s 's annual incentive plan for the year immediately preceding the year in which ExecutiveEmployee’s termination of employment occurs, an amount, subject to the Company’s 's discretion as applied in a manner consistent with the determination for similarly situated employees and paid at the same time the Company pays bonuses to similarly situated employees under such plan, equal to the amount Executive Employee would have earned if Executive Employee had remained employed with the Company until the date such bonuses would otherwise have been paid; (iii) those benefits that are provided by welfare benefit plans and programs adopted and approved by the Company for Executive Employee that, under the terms of the relevant plans and programs, are earned and vested and payable on or before the date of termination; (iv) any rights Executive Employee (or his estate) may have under any stock option, restricted stock, performance share unit or any other stock-based award; and (v) medical and similar employee welfare benefits, the continuation of which is required by applicable law or as provided in the applicable welfare benefit plan.

Accrued Amounts. Except as provided in this Section 64, if ExecutiveEmployee’s employment hereunder is terminated pursuant to Section 53, all future compensation and benefits to which Executive Employee is otherwise entitled under this Agreement shall cease and terminate as of the date of such termination, and Executive Employee (or his her estate) shall be entitled to receive (the payments and benefits in Section 6(a)(i)-(v), 4(a)(i)-(v) (the “Accrued Amounts”): (i) ExecutiveEmployee’s Base Salary base salary through the date of termination; (ii) if ExecutiveEmployee’s termination occurs on or after January 1st of a calendar year, but before the date on which bonuses are paid, if any, pursuant to achievement of performance goals set under the Company’s 's annual incentive plan for the year immediately preceding the year in which ExecutiveEmployee’s termination of employment occurs, an amount, subject to the Company’s 's discretion as applied in a manner consistent with the determination for similarly situated employees and paid at the same time the Company pays bonuses to similarly situated employees under such plan, equal to the amount Executive Employee would have earned if Executive Employee had remained employed with the Company until the date such bonuses would otherwise have been paid; (iii) those benefits that are provided by welfare benefit plans and programs adopted and approved by the Company for Executive Employee that, under the terms of the relevant plans and programs, are earned and vested and payable on or before the date of termination; (iv) any rights Executive Employee (or his her estate) may have under any stock option, restricted stock, performance share unit or any other stock-based award; and (v) medical and similar employee welfare benefits, the continuation of which is required by applicable law or as provided in the applicable welfare benefit plan.

Accrued Amounts. Except as provided in this Section 64, if ExecutiveEmployee’s employment hereunder is terminated pursuant to Section 53, all future compensation and benefits to which Executive Employee is otherwise entitled under this Agreement shall cease and terminate as of the date of such termination, and Executive Employee (or his estate) shall be entitled to receive (the payments and benefits in Section 6(a)(i)-(v), 4(a)(i)-(v) (the “Accrued Amounts”): (i) ExecutiveEmployee’s Base Salary base salary through the date of termination; (ii) if ExecutiveEmployee’s termination occurs on or after January 1st of a calendar year, but before the date on which bonuses are paid, if any, pursuant to achievement of performance goals set under the Company’s 's annual incentive plan for the year immediately preceding the year in which ExecutiveEmployee’s termination of employment occurs, an amount, subject to the Company’s 's discretion as applied in a manner consistent with the determination for similarly situated employees and paid at the same time the Company pays bonuses to similarly situated employees under such plan, equal to the amount Executive Employee would have earned if Executive Employee had remained employed with the Company until the date such bonuses would otherwise have been paid; (iii) those benefits that are provided by welfare benefit plans and programs adopted and approved by the Company for Executive Employee that, under the terms of the relevant plans and programs, are earned and vested and payable on or before the date of termination; (iv) any rights Executive Employee (or his estate) may have under any stock option, restricted stock, performance share unit or any other stock-based award; and (v) medical and similar employee welfare benefits, the continuation of which is required by applicable law or as provided in the applicable welfare benefit plan.

Accrued Amounts. Except as provided in this Section 64, if ExecutiveEmployee’s employment hereunder is terminated pursuant to Section 53, all future compensation and benefits to which Executive Employee is otherwise entitled under this Agreement shall cease and terminate as of the date of such termination, and Executive Employee (or his estate) shall be entitled to receive (the payments and benefits in Section 6(a)(i)-(v), 4(a)(i)-(v) (the “Accrued Amounts”): (i) ExecutiveEmployee’s Base Salary base salary through the date of termination; (ii) if ExecutiveEmployee’s termination occurs on or after January 1st of a calendar year, but before the date on which bonuses are paid, if any, pursuant to achievement of performance goals set under the Company’s 's annual incentive plan for the year immediately preceding the year in which ExecutiveEmployee’s termination of employment occurs, an amount, subject to the Company’s 's discretion as applied in a manner consistent with the determination for similarly situated employees {S0009881.1} and paid at the same time the Company pays bonuses to similarly situated employees under such plan, equal to the amount Executive Employee would have earned if Executive Employee had remained employed with the Company until the date such bonuses would otherwise have been paid; (iii) those benefits that are provided by welfare benefit plans and programs adopted and approved by the Company for Executive Employee that, under the terms of the relevant plans and programs, are earned and vested and payable on or before the date of termination; (iv) any rights Executive Employee (or his estate) may have under any stock option, restricted stock, performance share unit or any other stock-based award; and (v) medical and similar employee welfare benefits, the continuation of which is required by applicable law or as provided in the applicable welfare benefit plan.