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 the Executive's employment for any reason (including death), the Company shall pay to the Executive (or the Executive's estate) a lump sum amount for (i) any unpaid Base Salary earned hereunder prior to the Termination Date, (ii) all unused vacation time accrued by the Executive 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 the Executive as of the Termination Date under any and all incentive or deferred compensation plans or programs of the Company.

Payment of Accrued Base Salary, Vacation Pay, etc. (a) Promptly upon the termination of the Executive's ’s employment for any reason (including death), the Company shall pay to the Executive (or the Executive's ’s estate) a lump sum amount for (i) any unpaid Base Salary earned hereunder prior to the Termination Date, (ii) all unused vacation time accrued by the Executive 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 the Executive as of the Termination Date under any and all incentive or deferred compensation plans or programs of the Company.