Common use of Employment Responsibilities End Clause in Contracts

Employment Responsibilities End. Employee’s day-to-day, on-site employment responsibilities to Employer, and any of its affiliates and subsidiaries, shall end on August 6, 2010 and will be followed by a transition period during which Employee and Employer will work out an orderly transfer of Employee’s responsibilities and during which Employee will be deemed to be on vacation. Such transition period will end at the close of business on September 3, 2010 at which time Employee’s employment will formally terminate (“Termination Date”). Employee agrees that Employee has been paid all wages, benefits, and other compensation owed to Employee by Employer through the Termination Date, subject to the obligation of Employer for the payment of: (i) salary at Employee’s current base rate through the Termination Date, (ii) expense reimbursement reports that are outstanding on the date hereof or which are submitted hereafter pursuant to paragraph 15, and (iii) all vacation time, if any, that will be accrued but unpaid on the Termination Date, taking into account vacation time that will be assessed to Employee for the transition period described above. Any such accrued and unpaid vacation time will be paid to Employee no later than the next regularly scheduled payday after the Termination Date. Employee agrees that Employee is not entitled to any additional or future compensation or benefits arising out of Employee’s employment with Employer, except for such compensation or benefits, if any, arising under the pension, 401(k), stock option and restricted stock plans of Unitrin, Inc. to which Employee may be entitled by virtue of Employee’s employment with Employer, subject in all cases to the terms and conditions of the plans and agreements governing such compensation and benefits. Without limitation to the above, Employee acknowledges and agrees that Employee is not entitled to any severance pay pursuant to the Unitrin, Inc. Employee General Severance Pay Plan.

Appears in 1 contract

Samples: Separation Agreement (Unitrin Inc)

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Employment Responsibilities End. Employee’s day-to-day, on-site employment responsibilities to Employer, and any of its affiliates and subsidiaries, by Employer {ALTERNATIVES: [shall end on August 6, 2010 and will be followed by a transition period during which Employee and Employer will work out an orderly transfer of Employee’s responsibilities and during which Employee will be deemed to be on vacation. Such transition period will end end] [ended]} at the close of business on September 3, 2010 at which time Employee’s employment will formally terminate [DATE] (“Termination Date”). Employee no longer will be authorized to transact business or incur any expenses, obligations and liabilities on behalf of the Employer after the Termination Date. Employee agrees not to seek reinstatement, future employment, or other working relationship with the Employer or any of its affiliates. Employee acknowledges and represents: (a) Employee has reported to the Employer any and all work-related injuries incurred during employment; (b) the Employer properly provided any leave of absence because of Employee’s or a family member’s health condition and Employee has not been subjected to any improper treatment, conduct or actions due to a request for or taking such leave; and (c) Employee had the opportunity to provide the Employer with written notice of any and all concerns regarding suspected ethical and compliance issues or violations on the part of the Employer or any Released Party (as defined below), and to report to the Employer any complaints, claims, or actions filed against the Employer or any Released Party, subject to the provisions of the second and third paragraphs of Section 4 below. Employee further agrees that Employee has been paid all wages, benefits, and other compensation owed to Employee by Employer through the Termination Date, subject to the obligation of Employer for the payment of: (i) of salary at Employee’s current base rate through the Termination Date, Date and all paid time off (ii) expense reimbursement reports that are outstanding on the date hereof or which are submitted hereafter pursuant to paragraph 15, and (iii) all vacation timePTO), if any, that will be accrued but unpaid on the Termination Date, taking into account vacation time that will be assessed to Employee for the transition period described above. Any such accrued and unpaid vacation time PTO will be paid to Employee no later than the next regularly scheduled payday after the Termination Date. Employee agrees that Employee is not entitled to any additional or future compensation or benefits arising out of Employee’s employment with Employer, except for such other than compensation or and benefits provided under the Severance Agreement and/or compensation and benefits, if any, arising under the pensionretirement, 401(k)welfare benefits, stock option bonus and restricted stock equity compensation plans of Unitrin, Inc. Xxxxxx Corporation to which Employee may be entitled by virtue of Employee’s employment with Employer, subject in all cases to the terms and conditions of the plans and agreements governing such compensation and benefits. Without limitation to the above, Employee acknowledges and agrees that Employee is not entitled to any severance pay pursuant to the Unitrin, Inc. Employee General Severance Pay Plan.

Appears in 1 contract

Samples: Severance Agreement (KEMPER Corp)

Employment Responsibilities End. Employee’s day-to-day, on-site employment responsibilities to Employer, and any of its affiliates and subsidiaries, by Employer {ALTERNATIVES: [shall end on August 6, 2010 and will be followed by a transition period during which Employee and Employer will work out an orderly transfer of Employee’s responsibilities and during which Employee will be deemed to be on vacation. Such transition period will end end] [ended]} at the close of business on September 3, 2010 at which time Employee’s employment will formally terminate [DATE] (“Termination Date”). Employee no longer will be authorized to transact business or incur any expenses, obligations and liabilities on behalf of the Employer after the Termination Date. Employee agrees not to seek reinstatement, future employment, or other working relationship with the Employer or any of its affiliates. Employee acknowledges and represents: (a) Employee has reported to the Employer any and all work-related injuries incurred during employment; (b) the Employer properly provided any leave of absence because of Employee’s or a family member’s health condition and Employee has not been subjected to any improper treatment, conduct or actions due to a request for or taking such leave; and (c) Employee had the opportunity to provide the Employer with written notice of any and all concerns regarding suspected ethical and compliance issues or violations on the part of the Employer or any Released Party (as defined below), and to report to the Employer any complaints, claims, or actions filed against the Employer or any Released Party, subject to the provisions of the second and third paragraphs of Section 4 below. Employee further agrees that Employee has been paid all wages, benefits, and other compensation owed to Employee by Employer through the Termination Date, subject to the obligation of Employer for the payment of: (i) of salary at Employee’s current base rate through the Termination Date, Date and all paid time off (ii) expense reimbursement reports that are outstanding on the date hereof or which are submitted hereafter pursuant to paragraph 15, and (iii) all vacation timePTO), if any, that will be accrued but unpaid on the Termination Date, taking into account vacation time that will be assessed to Employee for the transition period described above. Any such accrued and unpaid vacation time PTO will be paid to Employee no later than the next regularly scheduled payday after the Termination Date. Employee agrees that Employee is not entitled to any additional or future compensation or benefits arising out of Employee’s employment with Employer, except for such other than compensation or and benefits provided under the Severance Agreement and/or compensation and benefits, if any, arising under the pensionretirement, 401(k)welfare benefits, stock option bonus and restricted stock equity compensation plans of Unitrin, Inc. Xxxxxx Corporation to which Employee may be entitled by virtue of Employee’s employment with Employer, subject in all cases to the terms and conditions of the plans and agreements governing such compensation and benefits. Without limitation to the above, Employee acknowledges and agrees that Employee is not entitled to any severance pay pursuant to the Unitrin, Inc. Xxxxxx Corporation Employee General Severance Pay Plan.

Appears in 1 contract

Samples: Severance Agreement (KEMPER Corp)

Employment Responsibilities End. Employee’s day-to-day, on-site 's employment responsibilities to Employer, and any of its affiliates and subsidiaries, by Employer shall end on August 6, 2010 and will be followed by a transition period during which Employee and Employer will work out an orderly transfer of Employee’s responsibilities and during which Employee will be deemed to be on vacation. Such transition period will end at the close of business on September 3November 14, 2010 at which time Employee’s employment will formally terminate 2014 ("Termination Date" and "Last Day of Work"). Employee no longer will be authorized to transact business or incur any expenses, obligations and liabilities on behalf of the Employer after the Termination Date. Employee agrees not to seek reinstatement, future employment, or other working relationship with the Employer or any of its affiliates. Employee acknowledges: (i) Employee has reported to the Employer any and all work-related injuries incurred during employment; (ii) the Employer properly provided any leave of absence because of Employee's or a family member's health condition and Employee has not been subjected to any improper treatment, conduct or actions due to a request for or taking such leave; (iii) Employee has provided the Employer with written notice of any and all concerns regarding suspected ethical and compliance issues or violations on the part of the Employer or any released person or entity; and (iv) Employee has not filed any complaints, claims, or actions against the Employer or any Released Party (as defined below). Employee further agrees that Employee has been paid all wages, benefits, and other compensation owed to Employee by Employer through the Termination Date, subject to the obligation of Employer for the payment of: (i) salary at Employee’s 's current base rate through the Termination Date, and (ii) expense reimbursement reports that are outstanding on the date hereof or which are submitted hereafter pursuant to paragraph 15, and all paid time off (iii) all vacation timePTO), if any, that will be accrued but unpaid on the Termination Date, taking into account vacation time that will be assessed to Employee for the transition period described above. Any such accrued and unpaid vacation time PTO will be paid to Employee no later than the next regularly scheduled payday after the Termination Date. Employer will promptly cause Employee agrees that to be reimbursed for all expenses properly incurred during his employment and submitted to Employee is not entitled to any additional or future compensation or benefits arising out within 30 days of Employee’s employment with Employer, except for such compensation or benefits, if any, arising under the pension, 401(k), stock option and restricted stock plans of Unitrin, Inc. to which Employee may be entitled by virtue of Employee’s employment with Employer, subject in all cases to the terms and conditions of the plans and agreements governing such compensation and benefits. Without limitation to the above, Employee acknowledges and agrees that Employee is not entitled to any severance pay pursuant to the Unitrin, Inc. Employee General Severance Pay Plan's Termination Date.

Appears in 1 contract

Samples: Separation Agreement (KEMPER Corp)

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Employment Responsibilities End. Employee’s day-to-day, on-site employment responsibilities to Employer, and any of its affiliates and subsidiaries, by Employer shall end on August 6, 2010 and will be followed by a transition period during which Employee and Employer will work out an orderly transfer of Employee’s responsibilities and during which Employee will be deemed to be on vacation. Such transition period will end at the close of business on September 3February 10, 2010 at which time Employee’s employment will formally terminate 2016 (“Termination Date”). Employee no longer will be authorized to transact business or incur any expenses, obligations and liabilities on behalf of the Employer after the Termination Date. Employee agrees not to seek reinstatement, future employment, or other working relationship with the Employer or any of its affiliates. Employee acknowledges: (a) Employee has reported to the Employer any and all work-related injuries incurred during employment; (b) the Employer properly provided any leave of absence because of Employee’s or a family member’s health condition and Employee has not been subjected to any improper treatment, conduct or actions due to a request for or taking such leave; (c) Employee has provided the Employer with written notice of any and all concerns regarding suspected ethical and compliance issues or violations on the part of the Employer or any released person or entity; and (d) Employee has not filed any complaints, claims, or actions against the Employer or any Released Party (as defined below). Employee further agrees that Employee has been paid all wages, benefits, and other compensation owed to Employee by Employer through the Termination Date, subject to the obligation of Employer for the payment of: (ia) salary at Employee’s current base rate through the Termination Date, (iib) a 2015 Annual Bonus and/or 2013-2015 Multi-Year Bonus, if any, (c) expense reimbursement reports that are outstanding on the date hereof or which are submitted hereafter pursuant to paragraph Section 15, and (iiid) all vacation timepaid time off (PTO), if any, that will be accrued but unpaid on the Termination Date, taking into account vacation time that will be assessed to Employee for the transition period described above. Any such accrued and unpaid vacation time PTO will be paid to Employee no later than the next regularly scheduled payday after the Termination Date. Employee agrees that Employee is not entitled to any additional or future compensation or benefits arising out of Employee’s employment with Employer, except for such compensation or benefits, if any, arising under the pensionretirement, 401(k)welfare benefits, stock option bonus and restricted stock equity compensation plans of Unitrin, Inc. Xxxxxx Corporation to which Employee may be entitled by virtue of Employee’s employment with Employer, subject in all cases to the terms and conditions of the plans and agreements governing such compensation and benefits. Without limitation to the above, Employee acknowledges and agrees that Employee is not entitled to any severance pay pursuant to the Unitrin, Inc. Xxxxxx Corporation Employee General Severance Pay Plan.

Appears in 1 contract

Samples: Separation Agreement (KEMPER Corp)

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