Payment of Accrued Compensation. (1) Upon termination of this Agreement pursuant to preceding subsection (a), you (or your estate or heirs, as the case may be) will be entitled to receive all Base Salary, Incentive Compensation, expense reimbursements, vacation pay, and similar amounts accrued and unpaid as of the date of such termination. The obligations of Xxxxxx Mac under this subsection (b) will survive any termination of this Agreement. (2) In the event of your voluntary termination of employment hereunder, Xxxxxx Mac will not be obligated to make any further compensation payments to you beyond those accrued prior to the effective date of such termination.
Appears in 5 contracts
Samples: Employment Contract (Federal Agricultural Mortgage Corp), Employment Agreement (Federal Agricultural Mortgage Corp), Employment Agreement (Federal Agricultural Mortgage Corp)
