Common use of Arrearages Clause in Contracts

Arrearages. In connection with the Executive's termination of employment for any reason, the Company shall pay Executive (or Executive's estate or legal representative, as the case may be) on the Termination Date his (a) accrued but unpaid Salary, if any, as of the Termination Date, (b) accrued but unpaid Annual Bonus for the Fiscal Year prior to the Fiscal Year in which Executive's employment is terminated as of the Termination Date and (c) unpaid Reimbursable Amounts, if any, as of the Termination Date (collectively, the "ARREARAGES"). If termination is pursuant to SUBSECTION (C) above, the payments under this SUBSECTION (G) will be in complete fulfillment of the Company's obligations to Executive under this Agreement. Otherwise, the Company shall be obligated to make the additional payments required pursuant to this SECTION 4 in addition to the Arrearages.

Arrearages. In connection with the Executive's ’s termination of employment for any reason, the Company shall pay Executive (or Executive's ’s estate or legal representative, as the case may be) on the Termination Date his (a) accrued but unpaid Salary, if any, as of the Termination Date, (b) accrued but unpaid Annual Bonus for the Fiscal Year prior to the Fiscal Year in which Executive's ’s employment is terminated as of the Termination Date and (c) unpaid Reimbursable Amounts, if any, as of the Termination Date (collectively, the "ARREARAGES"“Arrearages”). If termination is pursuant to SUBSECTION subsection (Cc) above, the payments under this SUBSECTION subsection (Gg) will be in complete fulfillment of the Company's ’s obligations to Executive under this Agreement. Otherwise, the Company shall be obligated to make the additional payments required pursuant to this SECTION Section 4 in addition to the Arrearages.