Interest on Unpaid Amounts. Any amount which has become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 but which has not been timely paid shall bear interest at the prime rate in effect at the time such amount first becomes payable, as quoted by the Bank, except as otherwise provided in Sections 5(g), 6(d) and 7(g) of this Agreement (concerning interest payable with respect to certain delayed payments that are subject to Section 409A of the Code).
Appears in 22 contracts
Samples: Employment Agreement (Rockville Financial, Inc. /CT/), Employment Agreement (Rockville Financial, Inc. /CT/), Employment Agreement (Rockville Financial, Inc. /CT/)
Interest on Unpaid Amounts. Any amount which has become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 13 but which has not been timely paid shall bear interest at the prime rate in effect as quoted by Bank at the time such amount first becomes payable, as quoted by the Bank, except as otherwise provided in Sections 5(g), 6(d) and 7(g) of this Agreement (concerning interest payable with respect to certain delayed payments that are subject to Section 409A of the Code).
Appears in 14 contracts
Samples: Change in Control Severance Agreement (SBT Bancorp, Inc.), Change in Control Severance Agreement (SBT Bancorp, Inc.), Change in Control Severance Agreement (SBT Bancorp, Inc.)
Interest on Unpaid Amounts. Any amount which has become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 9 but which has not been timely paid shall bear interest at the prime rate in effect at the time such amount first becomes payable, as quoted by the Bank, except as otherwise provided in Sections 5(g), 6(d) and 7(g) of this Agreement (concerning interest payable with respect to certain delayed payments that are subject to Section 409A of the Code)Company’s principal bank.
Appears in 12 contracts
Samples: Employment Agreement (Dupont Fabros Technology, Inc.), Employment Agreement (Dupont Fabros Technology, Inc.), Employment Agreement (Dupont Fabros Technology, Inc.)
Interest on Unpaid Amounts. Any amount which has amounts that have become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 but which has are not been timely paid shall bear interest at the prime rate in effect at the time such amount payment first becomes payable, as quoted by the Bank, except as otherwise provided in Sections 5(gThe Wall Street Journal (Midwest edition), 6(d) and 7(g) of this Agreement (concerning . Any interest payable with respect under this Section 11(d) shall be paid on the same date as the amounts to certain delayed payments that which such interest relates are subject to Section 409A of the Code)actually paid.
Appears in 7 contracts
Samples: Employment Agreement (Confederate Motors, Inc.), Employment Agreement (Iggys House, Inc.), Employment Agreement (Iggys House, Inc.)
Interest on Unpaid Amounts. Any amount which has amounts that have become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 but which has are not been timely paid shall bear interest at the prime rate in effect at the time such amount payment first becomes payable, as quoted by the Bank, except as otherwise provided in Sections 5(g), 6(d) and 7(g) of this Agreement (concerning interest payable with respect to certain delayed payments that are subject to Section 409A of the Code)Bankers Trust Company.
Appears in 7 contracts
Samples: Employment Agreement (Fruit of the Loom Inc /De/), Employment Agreement (Fruit of the Loom Inc /De/), Employment Agreement (Fruit of the Loom Inc /De/)
Interest on Unpaid Amounts. Any amount which has become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 12 but which has not been timely paid shall bear interest at the prime rate in effect at the time such amount first becomes payable, as quoted by the Bank, except as otherwise provided in Sections 5(g), 6(d) and 7(g) of this Agreement (concerning interest payable with respect to certain delayed payments that are subject to Section 409A of the Code)Company’s principal bank.
Appears in 6 contracts
Samples: Employment Agreement (Kilroy Realty, L.P.), Employment Agreement (Kilroy Realty Corp), Employment Agreement (Kilroy Realty Corp)
Interest on Unpaid Amounts. Any amount which has become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 7 but which has not been timely paid shall bear interest at the prime rate in effect at the time such amount first becomes payable, as quoted by the Bank, except as otherwise provided in Sections 5(g), 6(d) and 7(g) of this Agreement (concerning interest payable with respect to certain delayed payments that are subject to Section 409A of the Code)Company’s principal bank.
Appears in 6 contracts
Samples: Non Competition, Non Solicitation (DuPont Fabros Technology LP), Non Competition, Non Solicitation (DuPont Fabros Technology LP), Employment Agreement (Dupont Fabros Technology, Inc.)
Interest on Unpaid Amounts. Any amount which has become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 13 but which has not been timely paid shall bear interest at the prime rate in effect as quoted by Bank at the time such amount first becomes payable, as quoted by the Bank, except as otherwise provided in Sections 5(g), 6(d) payable and 7(g) of this Agreement (concerning interest payable with respect to certain delayed payments remain fixed at that rate until such amounts are subject to Section 409A of the Code)paid.
Appears in 6 contracts
Samples: Change in Control Severance Agreement (CNB Financial Corp.), Change in Control Severance Agreement (CNB Financial Corp.), Change in Control Severance Agreement (CNB Financial Corp.)
Interest on Unpaid Amounts. Any amount which has become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 but which has not been timely paid shall bear interest at the prime rate in effect at the time such amount first becomes payable, as quoted by the Bank, except as otherwise provided in Sections 5(g), 6(d) and 7(g) of this Agreement (concerning interest payable with respect to certain delayed payments that are subject to Section 409A of the Code)Company’s principal bank.
Appears in 6 contracts
Samples: Employment Agreement (Ims Health Inc), Employment Agreement (Ims Health Inc), Employment Agreement (Ims Health Inc)
Interest on Unpaid Amounts. Any amount which has amounts that have become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 but which has are not been timely paid shall bear interest at the prime rate in effect at the time such amount payment first becomes payable, as quoted by the Bank, except as otherwise provided in Sections 5(g), 6(d) and 7(g) of this Agreement (concerning The Wall Street Journal. Any interest payable with respect under this Section 11(d) shall be paid on the same date as the amounts to certain delayed payments that which such interest relates are subject to Section 409A of the Code)actually paid.
Appears in 4 contracts
Samples: Consulting Agreement (Stone Harbor Investments, Inc.), Employment Agreement (Stone Harbor Investments, Inc.), Employment Agreement (Med Control)
Interest on Unpaid Amounts. Any amount which has become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 but which has not been timely paid shall bear interest at the prime rate in effect at the time such amount first becomes payable, as quoted by the BankCompany’s principal bank, except as otherwise provided in Sections 5(g5(c), 6(d5(g) and 7(g) of this Agreement (concerning interest payable with respect to certain delayed payments that are subject to Section 409A of the Code).
Appears in 2 contracts
Samples: Employment Agreement (Ims Health Inc), Employment Agreement (Ims Health Inc)
Interest on Unpaid Amounts. Any amount which has become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 but which has not been timely paid shall bear interest at the prime rate in effect at the time such amount first becomes payable, as quoted by the Bank, except as otherwise provided in Sections 5(g5(j), 6(d) and 7(g) of this Agreement (concerning interest payable with respect to certain delayed payments that are subject to Section 409A of the Code).
Appears in 1 contract
Interest on Unpaid Amounts. Any amount which has become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 12 but which has not been timely paid shall bear interest at the prime rate in effect at the time such amount first becomes payable, as quoted by the Bank, except as otherwise provided in Sections 5(g), 6(d) and 7(gSection 3(c)(vi) of this Agreement (concerning interest payable with respect to certain delayed payments that are subject to Section 409A of the Code).
Appears in 1 contract
Samples: Control and Restrictive Covenant Agreement (Rockville Financial Inc.)
Interest on Unpaid Amounts. Any amount which has become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 but which has not been timely paid shall bear interest at the prime rate in effect at the time such amount first becomes payable, as quoted by the Bank, except as otherwise provided in Sections 5(g5(i), 6(d6(b) and 7(g7(d) of this Agreement (concerning interest payable with respect to certain delayed payments that are subject to Section 409A of the Code).
Appears in 1 contract
Samples: Employment Agreement (United Financial Bancorp, Inc.)
Interest on Unpaid Amounts. Any amount which has become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 but which has not been timely paid shall bear interest at the prime rate in effect at the time such amount first becomes payable, as quoted by the BankCompany’s principal bank, except as otherwise provided in Sections 5(g5(c), 6(d5(h) and 7(g) of this Agreement (concerning interest payable with respect to certain delayed payments that are subject to Section 409A of the Code).
Appears in 1 contract
Interest on Unpaid Amounts. Any amount which has become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 but which has not been timely paid shall bear interest at the prime rate in effect at the time such amount first becomes payable, as quoted by the BankCompany’s principal bank, except as otherwise provided in Sections 5(g), 6(d5(h) and 7(g) of this Agreement (concerning interest payable with respect to certain delayed payments that are subject to under Section 409A of the Code).
Appears in 1 contract