Common use of Accrued Vacation Clause in Contracts

Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s termination of employment becomes effective. Payment for accrued but unused vacation will be paid in one lump sum within 30 days following the date of the Executive’s Termination of Employment.

Appears in 4 contracts

Samples: Employment Agreement (Computer Task Group Inc), Employment Agreement (Computer Task Group Inc), Employment Agreement (Computer Task Group Inc)

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Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s termination of employment becomes effective. Payment for accrued but unused vacation will be paid payable in one lump sum within 30 days following on the effective date of the Executive’s Termination termination of Employmentemployment (or as soon thereafter as practicable).

Appears in 4 contracts

Samples: Control Agreement (First Niagara Financial Group Inc), Change in Control Agreement (First Niagara Financial Group Inc), Control Agreement (First Niagara Financial Group Inc)

Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s 's termination of employment becomes effective. Payment for accrued but unused vacation will be paid payable in one lump sum within 30 days following on the effective date of the Executive’s Termination termination of Employmentemployment (or as soon thereafter as practicable).

Appears in 3 contracts

Samples: Employment Agreement (Idex Corp /De/), Transition and Retirement Agreement (Idex Corp /De/), Transition and Retirement Agreement (Idex Corp /De/)

Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s 's termination of employment becomes effective. Payment for accrued but unused vacation will be paid payable in one lump sum within 30 days following on the effective date of the Executive’s Termination termination of Employmentemployment.

Appears in 3 contracts

Samples: Employment Agreement (Idex Corp /De/), Employment Agreement (First Niagara Financial Group Inc), Employment Agreement (First Niagara Financial Group Inc)

Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s termination of employment becomes effective. Payment for accrued but unused vacation will be paid payable in one lump sum within 30 days following after the effective date of the Executive’s Termination termination of Employmentemployment.

Appears in 2 contracts

Samples: Change in Control Agreement (First Niagara Financial Group Inc), Change in Control Agreement (First Niagara Financial Group Inc)

Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s 's termination of employment becomes effective. Payment for accrued but unused vacation will be paid in one lump sum within 30 days following the date of the Executive’s Termination of Employment.

Appears in 2 contracts

Samples: Employment Agreement (Computer Task Group Inc), Employment Agreement (Computer Task Group Inc)

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Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s 's termination of employment becomes effective. Payment for accrued but unused vacation will be paid payable in one lump sum within 30 days in the next payroll period following the date of the Executive’s Termination termination of Employmentemployment.

Appears in 1 contract

Samples: Employment Agreement (Computer Task Group Inc)

Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably Computer Task Group, Incorporated Restated Employment Agreement with Xxxxx X. Xxxxx prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s termination of employment becomes effective. Payment for accrued but unused vacation will be paid in one lump sum within 30 days following the date of the Executive’s Termination of Employment.

Appears in 1 contract

Samples: Employment Agreement (Computer Task Group Inc)

Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s 's termination of employment becomes effective. Payment for accrued but unused vacation will be paid payable in one lump sum within 30 days following after the effective date of the Executive’s Termination termination of Employmentemployment.

Appears in 1 contract

Samples: Change in Control Agreement (First Niagara Financial Group Inc)

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