Common use of Accrued Payments at Termination Clause in Contracts

Accrued Payments at Termination. Sections 6(a) — (d) of this Employment Agreement and Section I.1(ii) of the Amendment to the Employment Agreement relating to Change in Control ( the “CiC Amendment”) require payment of amounts earned but unpaid, or accrued, at the date of Employee’s termination. Unless the amount is payable under an applicable plan, program or arrangement on explicit terms providing for a delay in payment compliant with Code Section 409A, these amounts shall be payable at the date the amounts otherwise would have been payable under the applicable plans, programs and arrangements in the absence of termination but in no event more than thirty (30) days after Employee’s termination of employment, subject to 10(d).

Accrued Payments at Termination. Sections 6(a) — (d) of this Employment Agreement and Section I.1(iiI.1 (ii) of the Amendment No. 1 to the Employment Agreement relating to Change in Control ( (the “CiC CIC Amendment”) require payment of amounts earned but unpaid, unpaid or accrued, accrued at the date of Employee’s termination. Unless the amount is payable under an applicable plan, program or arrangement on explicit terms providing for a delay in payment compliant with Code Section 409A, these amounts shall be payable at the date the amounts otherwise would have been payable under the applicable plans, programs and arrangements in the absence of termination but in no event more than thirty (30) 30 days after Employee’s termination of employment, employment (subject to 10(d)).