Expiration of the Term Due to Non-Renewal Sample Clauses

Expiration of the Term Due to Non-Renewal. Upon Expiration of Term Due to Non-Renewal, Executive’s employment with Employer will be terminated (herein “date of termination”) without further action by Executive or Employer and Executive will be entitled to receive the following: (a) earned and accrued but previously unpaid Base Salary through the date of termination, (b) payment in respect of any vacation days accrued but unused through the date of termination, (c) reimbursement of any remaining expense properly incurred in accordance with Employer’s policy prior to the date of termination and not yet reimbursed by Employer, (d) any bonus actually awarded or earned, but not yet paid as of the date of termination, and (e) any vested benefits under any insurance policy, pension, retirement, savings, stock option and other stock grant and equity compensation plans, together with any other non-severance related compensation and benefits as may be provided in accordance with the terms and provisions of any other agreements between Executive and either Company or Bank and any applicable plans, programs, procedures and practices of Employer. The aggregate benefits payable pursuant to clauses (a), (b), (c) and (d) are hereafter referred to as the “Accrued Obligations.” The vested benefits referenced in clause (e) are hereafter referred to as the “Additional Benefits.”