Common use of Payment of Accrued Base Salary, Vacation Pay, etc Clause in Contracts

Payment of Accrued Base Salary, Vacation Pay, etc. (a) Promptly upon the termination of Employee's employment for any reason (including death), the Company shall pay to Employee (or his estate) a lump sum amount for (i) any unpaid Adjusted Base Salary earned hereunder prior to the Termination Date, (ii) all unused vacation time accrued by Employee as of the Termination Date in accordance with Section 3.4, (iii) all unpaid benefits earned or vested, as the case may be, by Employee as of the Termination Date under any and all incentive or deferred compensation plans or programs of the Company and (iv) any amounts in respect of which Employee has requested, and is entitled to, reimbursement in accordance with Section 3.5.

Appears in 6 contracts

Samples: Employment Agreement (American Capital Strategies LTD), Employment Agreement (American Capital Strategies LTD), Employment Agreement (American Capital Strategies LTD)

AutoNDA by SimpleDocs

Payment of Accrued Base Salary, Vacation Pay, etc. (a) Promptly upon the termination of Employee's employment for any reason (including death), the Company shall pay to Employee (or his estate) a lump sum amount for (i) any unpaid Adjusted Base Salary earned hereunder prior to the Termination Date, (ii) all unused vacation time accrued by Employee as of the Termination Date in accordance with Section 3.4, (iii) all unpaid benefits earned or vested, as the case may be, by Employee as of the Termination Date under any and all incentive or deferred compensation plans or programs of the Company and (iv) any amounts in respect of which Employee has requested, and is entitled to, reimbursement in accordance with Section 3.5.

Appears in 1 contract

Samples: Employment Agreement (American Capital Strategies LTD)

Payment of Accrued Base Salary, Vacation Pay, etc. (a) Promptly upon the termination of Employee's employment for any reason (including death), the Company shall pay to Employee (or his estate) a lump sum amount for (i) any unpaid Adjusted Base Salary earned hereunder prior to the Termination Datetermination date, (ii) all unused vacation time accrued by Employee as of the Termination Date termination date in accordance with Section 3.43.2, (iii) all unpaid benefits earned or vested, as the case may be, by Employee as of the Termination Date termination date under any and all incentive or deferred compensation plans or programs of the Company and (iv) any amounts in respect of which Employee has requested, and is entitled to, reimbursement in accordance with Section 3.53.3.

Appears in 1 contract

Samples: Employment Agreement (Heritage Propane Partners L P)

AutoNDA by SimpleDocs

Payment of Accrued Base Salary, Vacation Pay, etc. (a) Promptly upon the termination of Employee's employment for any reason (including death), the Company shall pay to Employee (or his Employee's estate) a lump sum amount for (i) any unpaid Adjusted Base Salary earned hereunder prior to the Termination Date, (ii) all unused vacation time accrued by Employee as of the Termination Date in accordance with Section 3.4, and (iii) all unpaid benefits earned or vested, as the case may be, by Employee as of the Termination Date under any and all incentive or deferred compensation plans or programs of the Company and (iv) any amounts in respect of which Employee has requested, and is entitled to, reimbursement in accordance with Section 3.5Company.

Appears in 1 contract

Samples: Employment Agreement (American Capital Strategies LTD)

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