Common use of Compensation Through Date of Termination Clause in Contracts

Compensation Through Date of Termination. The Company will pay Executive within thirty (30) days after termination: (a) Any unpaid amount of Executive’s base salary through the Date of Termination; (b) With respect to any year then completed, any unpaid amount accrued to Executive pursuant to the Plan referred to in Section 4.2; and (c) With respect to any year then partially completed, a pro rata portion through the Date of Termination of Executive’s annual bonus under the Plan, based upon the amount of his bonus for the previous year.

Appears in 3 contracts

Samples: Employment Security Agreement (Isco Inc), Employment Security Agreement (Isco Inc), Employment Security Agreement (Isco Inc)

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Compensation Through Date of Termination. The Company will pay Executive within thirty (30) days after termination: (a) Any unpaid amount of Executive’s 's base salary through the Date date of Terminationtermination; (b) With respect to any year then completed, any unpaid amount accrued to Executive pursuant to the Plan referred to in Section 4.2Key Employees' Bonus Plan; and (c) With respect to any year then partially completed, a pro rata portion through the Date date of Termination termination of Executive’s 's annual bonus under the Key Employees' Bonus Plan, based upon the amount of his bonus for the previous year.

Appears in 3 contracts

Samples: Employment Security Agreement (Ballantyne of Omaha Inc), Employment Security Agreement (Ballantyne of Omaha Inc), Employment Security Agreement (Ballantyne of Omaha Inc)

Compensation Through Date of Termination. The Company will pay Executive within thirty (30) days after termination: (a) Any unpaid amount of Executive’s base salary through the Date of Termination; (b) With respect to any year then completed, any unpaid amount accrued to Executive pursuant to the Plan referred to in Section 4.2Plan; and (c) With respect to any year then partially completed, a pro rata portion through the Date of Termination of Executive’s annual bonus under the Plan, based upon the amount of his bonus for the previous year.

Appears in 2 contracts

Samples: Employment Agreement (Gateway Energy Corp/Ne), Employment Agreement (Gateway Energy Corp/Ne)

Compensation Through Date of Termination. The Company will pay Executive within thirty (30) days after termination: (a) i. Any unpaid amount of Executive’s base salary through the Date of Termination; (b) ii. With respect to any year then completed, any unpaid amount accrued to Executive pursuant to the Plan referred to in Section 4.2Plan; and (c) iii. With respect to any year then partially completed, a pro rata portion through the Date of Termination of Executive’s annual bonus under the Plan, based upon the amount of his her bonus for the previous year.

Appears in 1 contract

Samples: Executive Employment Agreement (Western Sizzlin Corp)

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Compensation Through Date of Termination. The Company will pay Executive within thirty (30) days after termination: (a) i. Any unpaid amount of Executive’s base salary through the Date of Termination;; and (b) ii. With respect to any year then completed, any unpaid amount of her bonus accrued to Executive pursuant to the Plan referred to in Section 4.2; and (c) With respect to any year then partially completed, a pro rata portion through the Date of Termination of Executive’s annual bonus under the Plan, based upon the amount of his bonus for the previous year.

Appears in 1 contract

Samples: Employment Agreement (Western Sizzlin Corp)

Compensation Through Date of Termination. The Company will pay Executive within thirty (30) days after termination: (a) Any unpaid amount of Executive’s 's base salary through the Date of Termination; (b) With respect to any year then completed, any unpaid amount accrued to Executive pursuant to the Plan referred to in Section 4.2Plan; and (c) With respect to any year then partially completed, a pro rata portion through the Date of Termination of Executive’s 's annual bonus under the Plan, based upon the amount of his bonus for the previous year.

Appears in 1 contract

Samples: Employment Agreement (Gateway Energy Corp/Ne)

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