Common use of Accrued Salary and Paid Time Off Clause in Contracts

Accrued Salary and Paid Time Off. On the Separation Date, Scientific Learning will pay you all accrued salary, and all accrued and unused Paid Time Off earned through the Separation Date, subject to standard payroll deductions and withholdings. You are entitled to these payments regardless of whether or not you sign this Agreement.

Appears in 4 contracts

Samples: Confidential Separation and Release Agreement (Scientific Learning Corp), Confidential Separation and Release Agreement (Scientific Learning Corp), Confidential Separation and Release Agreement (Scientific Learning Corp)

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Accrued Salary and Paid Time Off. On the Separation Date, Scientific Learning will pay you all accrued salary, and all accrued and unused Paid Time Off earned through the Separation Date, subject to standard payroll deductions and withholdings. You are entitled to these payments regardless The Paid Time Off will be calculated based upon an annual salary basis of whether or not you sign this Agreement$260,000 (two hundred and sixty thousand dollars).

Appears in 1 contract

Samples: Confidential Separation and Release Agreement (Scientific Learning Corp)

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