Common use of Payment of Salary and Benefits Clause in Contracts

Payment of Salary and Benefits. Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation, commissions and any and all other benefits due to Employee through the Resignation Date. Employee ceased accruing employee benefits, including, but not limited to, vacation time and paid time off, as of the Resignation Date.

Appears in 3 contracts

Samples: Separation Agreement (Monolithic Power Systems Inc), Separation Agreement and Release (Monolithic Power Systems Inc), Separation Agreement (Monolithic Power Systems Inc)

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Payment of Salary and Benefits. Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation, commissions and any and all other benefits due to Employee through the Resignation Effective Date. Employee ceased shall cease accruing employee benefits, including, but not limited to, vacation time and paid time off, as of the Resignation Effective Date.

Appears in 1 contract

Samples: Employment Agreement (Monolithic Power Systems Inc)

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Payment of Salary and Benefits. Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation, commissions and any and all other benefits due to Employee through the Resignation Effective Date. Employee ceased shall cease accruing employee benefits, including, but not limited to, vacation time and paid time off, as of the Resignation Date.

Appears in 1 contract

Samples: Separation Agreement (Monolithic Power Systems Inc)

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