Common use of Accrued Wages and Vacation; Expenses Clause in Contracts

Accrued Wages and Vacation; Expenses. Without regard to the ------------------------------------ reason for, or the timing of, Employee's termination of employment: (i) the Company shall pay the Employee any unpaid base salary due for periods prior to the Termination Date; (ii) the Company shall pay the Employee all of the Employee's accrued and unused paid time off through the Termination Date; and (iii) following submission of proper expense reports by the Employee, the Company shall reimburse the Employee for all expenses reasonably and necessarily incurred by the Employee in connection with the business of the Company prior to the Termination Date to the extent reimbursable under the Company's travel and expense reimbursement policies. These payments shall be made promptly upon termination and within the period of time mandated by law.

Appears in 4 contracts

Samples: Change of Control Severance Agreement (E Stamp Corp), Change of Control Severance Agreement (E Stamp Corp), Change of Control Severance Agreement (E Stamp Corp)

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Accrued Wages and Vacation; Expenses. Without regard to the reason ------------------------------------ reason for, or the timing of, Employee's termination of employment: (i) the Company shall pay the Employee any unpaid base salary due for periods prior to the Termination Date; (ii) the Company shall pay the Employee all of the Employee's accrued and unused paid time off through the Termination Date; and (iii) following submission of proper expense reports by the Employee, the Company shall reimburse the Employee for all expenses reasonably and necessarily incurred by the Employee in connection with the business of the Company prior to the Termination Date to the extent reimbursable under the Company's travel and expense reimbursement policies. These payments shall be made promptly upon termination and within the period of time mandated by law.

Appears in 2 contracts

Samples: Change of Control Severance Agreement (E Stamp Corp), Change of Control Severance Agreement (E Stamp Corp)

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Accrued Wages and Vacation; Expenses. Without regard to the ------------------------------------ reason for, or the timing of, Employee's termination of employment: (i) the Company shall pay the Employee any unpaid base salary due for periods prior to the Termination Date; (ii) the Company shall pay the Employee all of the Employee's accrued and unused paid time off through the Termination Date; and (iii) following submission of proper expense reports by the Employee, the Company shall reimburse the Employee for all expenses reasonably and necessarily incurred by the Employee in connection with the business of the Company prior to the Termination Date to the extent reimbursable under the Company's travel and expense reimbursement policies. These payments shall be made promptly upon termination and within the period of time mandated by law.

Appears in 1 contract

Samples: Retention Agreement (Learn2 Corp)

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