Common use of Acknowledgement of Payment of Wages Clause in Contracts

Acknowledgement of Payment of Wages. [Except for accrued vacation (which the parties agree totals approximately [____] days of pay) and salary for the current pay period,] Executive acknowledges that he has received all amounts owed for his regular and usual salary (including, but not limited to, any bonus, incentive or other wages), and usual benefits through the date of this Agreement, except for any vested benefits pursuant to the Employee Retirement Income Security Act of 1974, as amended under any retirement plan(s) of the Company, to which Executive may be entitled to in the future.

Appears in 7 contracts

Samples: Employment Agreement (Cepton, Inc.), Employment Agreement (Cepton, Inc.), Employment Agreement (Growth Capital Acquisition Corp.)

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