Payment of Accrued Amounts. The Company shall pay to the Executive not later than the second payroll date after the Termination Date the following amounts:
Payment of Accrued Amounts. Upon conversion of any unpaid principal amount of this Note, all accrued interest on such amount through and including the Conversion Date shall be paid on the Conversion Date in accordance with Article I.A above.
Payment of Accrued Amounts. (a) Xxxxxx Drilling shall continue to pay to Executive his base salary of $329,365 per year through the Termination Date, in accordance with Xxxxxx Drilling’s normal payroll schedule and procedures for its executives.
Payment of Accrued Amounts. The Company shall pay to the Executive within 30 days following the Employment Termination Date all amounts due to the Executive for salary accrued for services rendered through the Employment Termination Date, less an amount for paid time off used but not accrued as of the Employment Termination Date.
Payment of Accrued Amounts. (a) The Company shall continue to pay to Executive his base salary of $331,500.00 per year through the Termination Date, in accordance with the Company’s normal payroll schedule and procedures for its executives.
Payment of Accrued Amounts. On the Termination Date, the Manager shall deliver to the board of directors of the Company (the “Board”) a full accounting, including a statement showing all payments collected by the Manager and a statement of all money held by the Manager, in substantially the same form as previously furnished by the Manager to the Board, covering the period following the date of the last accounting furnished to the Board with respect to the Company and its Subsidiaries and a date no earlier than three (3) Business Days before the Termination Date. Within three (3) Business Days of the Termination Date, the Manager shall deliver to the Board in substantially the same form as previously furnished by the Manager to the Board, an accounting for the period beginning on the last day covered by the accounting pursuant to the previous sentence and ending on the Termination Date. The Manager shall pay over to the Company or any Subsidiary all money collected and held for the account of the Company or any of its Subsidiaries pursuant to the AMA.
Payment of Accrued Amounts. The Company shall pay to the Executive the portion of his or her annual salary that has accrued but is unpaid as of the Termination Date and an additional amount representing the Executive’s accrued but unused vacation days as of the Termination Date, in each case not later than the second payroll date after the Termination Date.
Payment of Accrued Amounts. Upon conversion of any shares of Series C Preferred Stock, all amounts then accrued or payable on such shares under this Certificate of Designation (including, without limitation, all Dividends, if any) through and including the Conversion Date shall be paid by the Corporation in cash. In the event that the Corporation elects to effect a payment-in-kind, the number of fully paid and non-assessable shares of Common Stock due shall be determined in accordance with the following formula: All Amounts Accrued or Payable Series C Conversion Price
Payment of Accrued Amounts. The Company shall pay to Executive the portion of her annual salary that has accrued but is unpaid as of the Termination Date not later than the second payroll date after the Termination Date. In accordance with Company policy, Executive shall be reimbursed for any outstanding business expenses.
Payment of Accrued Amounts. The Company shall pay to Executive not later than three days after the Employment Termination Date the following amounts:
