Common use of Minimum Payments Clause in Contracts

Minimum Payments. Upon termination of Executive’s employment for any reason Executive shall be entitled to: (a) Base Salary accrued through the Termination Date; (b) reimbursement of expenses incurred prior to termination of employment that are payable in accordance with Section 4.8; (c) any benefits accrued or earned in accordance with the terms of any applicable benefit plans and programs of Employer, including but not limited to accrued and unused vacation; and (d) any earned but unpaid Annual Bonus plus any other earned incentive compensation expressly provided for in any incentive compensation plan for Executive.

Appears in 4 contracts

Samples: Executive Employment Agreement (Cesca Therapeutics Inc.), Executive Employment Agreement (Cesca Therapeutics Inc.), Executive Employment Agreement (Thermogenesis Corp)

AutoNDA by SimpleDocs

Minimum Payments. Upon termination of Executive’s employment for any reason Executive shall be entitled to: (a) Base Salary accrued through the Termination Date; (b) reimbursement of expenses incurred prior to termination of employment that are payable in accordance with Section 4.8; (c) any benefits accrued or earned in accordance with the terms of any applicable benefit plans and programs of Employer, including but not limited to accrued and unused vacation; and (d) any earned but unpaid Annual Bonus plus any STI bonus or other earned incentive compensation if, and to the extent, the applicable management bonus plan expressly provided provides for in any incentive compensation plan for Executivepayment following termination of employment.

Appears in 2 contracts

Samples: Executive Employment Agreement (Beyond Air, Inc.), Executive Employment Agreement (Beyond Air, Inc.)

Minimum Payments. Upon termination of Executive’s employment for any reason reason: (a) Executive shall be entitled to: (a) to Base Salary accrued through the Termination Date; (b) Executive shall be entitled to reimbursement of expenses incurred prior to termination of employment that are payable in accordance with Section 4.8; (c) Executive shall be entitled to any benefits accrued or earned in accordance with the terms of any applicable benefit plans and programs of Employer, including but not limited to accrued and unused vacation; and (d) Executive shall be entitled to receive any earned but unpaid Annual Bonus plus any other earned incentive compensation expressly provided for in any the incentive compensation plan for Executive.

Appears in 2 contracts

Samples: Executive Employment Agreement (Thermogenesis Corp), Executive Employment Agreement (Thermogenesis Corp)

Minimum Payments. Upon termination of Executive’s employment for any reason Executive shall be entitled to: (a) Base Salary accrued through the Termination Date; (b) reimbursement of expenses incurred prior to termination of employment that are payable in accordance with Section 4.8; (c) any benefits accrued or earned in accordance with the terms of any applicable benefit plans and programs of Employer, including but not limited to accrued and unused vacation; and (d) any earned but earned but unpaid Annual Bonus plus any STI bonus or other earned incentive compensation if, and to the extent, the applicable management bonus plan expressly provided provides for in any incentive compensation plan for Executivepayment following termination of employment.

Appears in 1 contract

Samples: Executive Employment Agreement (Cesca Therapeutics Inc.)

AutoNDA by SimpleDocs

Minimum Payments. Upon termination of Executive’s 's employment for any reason Executive shall be entitled to: (a) Base Salary accrued through the Termination Date; (b) reimbursement of expenses incurred prior to termination of employment that are payable in accordance with Section 4.8; (c) any benefits accrued or earned in accordance with the terms of any applicable benefit plans and programs of Employer, including but not limited to accrued and unused vacation; and (d) any earned but unpaid Annual Bonus STI plus any other earned incentive compensation expressly provided for in any incentive compensation plan for Executive.

Appears in 1 contract

Samples: Executive Employment Agreement (Cesca Therapeutics Inc.)

Minimum Payments. Upon termination of Executive’s employment for any reason Executive shall be entitled to: (a) Base Salary accrued through the Termination Date; (b) reimbursement of expenses incurred prior to termination of employment that are payable in accordance with Section 4.84.6; (c) any benefits accrued or earned in accordance with the terms of any applicable benefit plans and programs of Employer, including but not limited to accrued and unused vacation; and (d) any earned but unpaid Annual Bonus annual bonus plus any other earned incentive compensation expressly provided for to be paid upon termination in any incentive compensation plan for Executive.

Appears in 1 contract

Samples: Asset Acquisition Agreement (Cesca Therapeutics Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!