Common use of Accrued Rights Clause in Contracts

Accrued Rights. Notwithstanding the foregoing provisions of this Section 5, in the event of termination of the Executive's employment hereunder for any reason, the Executive shall be entitled to payment of any unpaid portion of his base salary through the effective date of termination, and payment of any accrued but unpaid rights solely in accordance with the terms of any incentive bonus, stock option or employee benefit plan or program of the Company.

Appears in 22 contracts

Samples: Employment Agreement (Condor Technology Solutions Inc), Employment Agreement (Condor Technology Solutions Inc), Employment Agreement (Medical Manager Corp)

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Accrued Rights. Notwithstanding the foregoing provisions of this -------------- Section 5, in the event of termination of the Executive's employment hereunder for any reason, the Executive shall be entitled to payment of any unpaid portion of his base salary Base Salary through the effective date of termination, and payment of any accrued but unpaid rights solely in accordance with the terms of any incentive bonus, stock option bonus or employee benefit plan or program of the Company.

Appears in 11 contracts

Samples: Employment Agreement (Smartalk Teleservices Inc), Employment Agreement (Smartalk Teleservices Inc), Employment Agreement (Smartalk Teleservices Inc)

Accrued Rights. Notwithstanding the foregoing provisions of this Section 5, in the event of termination of the Executive's ’s employment hereunder for any reason, the Executive shall be entitled to (i) payment of any unpaid portion of his base salary Base Salary through the effective date of termination, (ii) payment of any un-reimbursed reasonable business expenses incurred pursuant to Section 3(d) above, and (iii) payment of any accrued but unpaid rights benefits solely in accordance with the terms of any incentive bonus, stock option or employee benefit plan or program of the CompanyBancshares (remuneration under any other bonus plan is not guaranteed).

Appears in 4 contracts

Samples: Employment Agreement (1st Century Bancshares, Inc.), Employment Agreement (1st Century Bancshares, Inc.), Employment Agreement (1st Century Bancshares, Inc.)

Accrued Rights. Notwithstanding the foregoing provisions of this Section 5, in the event of termination of the Executive's employment hereunder for any reason or for no reason, the Executive shall be entitled to payment of any unpaid portion of his base salary Base Salary through the effective date of termination, payment of any unreimbursed expenses incurred pursuant to Sections 3(f) or 3(g) above, and payment of any accrued but unpaid rights benefits solely in accordance with the terms of any incentive bonus, stock option bonus or employee benefit plan or program of the CompanyEmployer.

Appears in 2 contracts

Samples: Employment Agreement (Pacific Mercantile Bancorp), Employment Agreement (Pacific Mercantile Bancorp)

Accrued Rights. Notwithstanding the foregoing provisions of this -------------- Section 5, in the event of termination of the Executive's employment hereunder for any reason, the Executive shall be entitled to payment of any unpaid portion of his base salary her Base Salary through the effective date of termination, and payment of any accrued but unpaid rights solely in accordance with the terms of any incentive bonus, stock option bonus or employee benefit plan or program of the Company.

Appears in 1 contract

Samples: Employment Agreement (Smartalk Teleservices Inc)

Accrued Rights. Notwithstanding the foregoing provisions of this Section 5, in the event of termination of the Executive's ’s employment hereunder for any reason, the Executive shall be entitled to payment of any unpaid portion of his base salary Base Salary through the effective date of termination, payment of any unreimbursed business expenses incurred pursuant to Section 3(d) above, and payment of any accrued but unpaid rights benefits solely in accordance with the terms of any incentive bonus, stock option bonus or employee benefit plan or program of the CompanyBank.

Appears in 1 contract

Samples: Employment Agreement (1st Century Bancshares, Inc.)

Accrued Rights. Notwithstanding the foregoing provisions of this Section 5, in the event of termination of the Executive's ’s employment hereunder for any reason or for no reason, the Executive shall be entitled to payment of any unpaid portion of his base salary Base Salary through the effective date of termination, payment of any unreimbursed business expenses incurred pursuant to Section 3(f) above, and payment of any accrued but unpaid rights benefits solely in accordance with the terms of any incentive bonus, stock option bonus or employee benefit plan or program of the CompanyEmployer.

Appears in 1 contract

Samples: Employment Agreement (Pacific Mercantile Bancorp)

Accrued Rights. Notwithstanding the foregoing provisions of this Section 56, in the event of termination of the Executive's employment hereunder for any reason, the Executive shall be entitled to payment of any unpaid portion of his base salary through the effective date of termination, and payment of any accrued and vested but unpaid rights solely in accordance with the terms of any incentive bonus, stock option bonus or employee benefit plan or program of the Company.

Appears in 1 contract

Samples: Employment Agreement (Polaroid Holding Co)

Accrued Rights. Notwithstanding the foregoing provisions of this Section 5, in the event of termination of the Executive's employment hereunder for any reason, the Executive shall be entitled to payment of any unpaid portion of his base salary Base Salary through the effective date of termination, and payment of any accrued but unpaid rights solely in accordance with the terms of any incentive bonus, stock option bonus or employee benefit plan or program of the Company.

Appears in 1 contract

Samples: Employment Agreement (California Independent Bancorp)

Accrued Rights. Notwithstanding the foregoing provisions of this Section 5, in the event of termination of the Executive's ’s employment hereunder for any reason or for no reason, the Executive shall be entitled to payment of any unpaid portion of his base salary Base Salary through the effective date of termination, payment of any unreimbursed business expenses incurred pursuant to Section 3(d) above, and payment of any accrued but unpaid rights benefits solely in accordance with the terms of any incentive bonus, stock option bonus or employee benefit plan or program of the CompanyEmployer.

Appears in 1 contract

Samples: Employment Agreement (Pacific Mercantile Bancorp)

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Accrued Rights. Notwithstanding the foregoing provisions of this Section 5, in the event of termination of the Executive's ’s employment hereunder for any reason or for no reason, the Executive shall be entitled to payment of any unpaid portion of his base salary Base Salary through the effective date of termination, payment of any unreimbursed expenses incurred pursuant to Sections 3(f) or 3(g) above, and payment of any accrued but unpaid rights benefits solely in accordance with the terms of any incentive bonus, stock option bonus or employee benefit plan or program of the CompanyEmployer.

Appears in 1 contract

Samples: Employment Agreement (Pacific Mercantile Bancorp)

Accrued Rights. Notwithstanding the foregoing provisions of this Section 5, in the event of termination of the Executive's employment hereunder for any reason or for no reason, the Executive shall be entitled to payment of any unpaid portion of his base salary Base Salary through the effective date of termination, payment for any accrued and unused vacation, payment of any unreimbursed business expenses incurred pursuant to Section 3(d) above, and payment of any accrued but unpaid rights benefits solely in accordance with the terms of any incentive bonus, stock option bonus or employee benefit plan or program of the CompanyEmployer.

Appears in 1 contract

Samples: Employment Agreement (Pacific Mercantile Bancorp)

Accrued Rights. Notwithstanding Except as otherwise provided in Section 5(b), upon termination of the foregoing provisions employment of this Executive hereunder, the Company shall only be obligated to pay to Executive or his estate the accrued and unpaid Base Salary, unpaid business expenses and any other payments due under Section 52 hereof and any accrued and vested pension welfare and fringe benefits under the employee benefit plans in which Executive participated, including any unpaid accrued vacation pay (collectively, the “Accrued Rights”), if any, owing to Executive, in each case up to the event date of termination of the Executive's employment hereunder for any reason, the Executive shall be entitled to payment of any unpaid portion of his base salary through the effective date of termination, and payment of any accrued but unpaid rights solely in accordance with the terms of any incentive bonus, stock option or employee benefit plan or program of the Companyemployment.

Appears in 1 contract

Samples: Employment Agreement (Par Technology Corp)

Accrued Rights. Notwithstanding the foregoing provisions of this -------------- Section 5, in the event of termination of the Executive's employment hereunder for any reason, the Executive shall be entitled to payment of any unpaid portion of his base salary through Base Salary though the effective date of termination, and payment of any accrued but unpaid rights solely in accordance with the terms of any incentive bonus, stock option bonus or employee benefit plan or program of the Company.

Appears in 1 contract

Samples: Employment Agreement (Smartalk Teleservices Inc)

Accrued Rights. Notwithstanding the foregoing provisions of this Section 5, in the event of termination of the Executive's employment hereunder for any reason, the Executive shall be entitled to payment of any unpaid portion of his base salary through the effective date of termination, termination and payment of any accrued but unpaid rights solely in accordance with the terms of any incentive bonus, stock option or employee benefit plan or program of the Company.

Appears in 1 contract

Samples: Employment Agreement (Condor Technology Solutions Inc)

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