Common use of Base Salary and Bonus Clause in Contracts

Base Salary and Bonus. If Executive’s employment terminates under this § 4.4, ICE’s only obligation under this Employment Agreement shall (subject to applicable withholdings) be (1) to pay Executive or, if Executive dies, Executive’s estate the base salary and annual bonus, if any, which were due and payable on the date Executive’s employment terminated and (2) to reimburse Executive or, if Executive dies, Executive’s estate for any expenses which Executive had already incurred and which would have otherwise been reimbursed but for such termination of employment.

Appears in 14 contracts

Samples: Employment Agreement (Intercontinentalexchange Inc), Employment Agreement (Intercontinentalexchange Inc), Employment Agreement (Intercontinentalexchange Inc)

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