Common use of Payments Following Termination Clause in Contracts

Payments Following Termination. If the Employment is terminated for any reason, either by the Company or by the Executive's resignation, then the Company shall pay the Executive the following amounts as part of the Company's next regular payroll cycle but in no event later than thirty (30) days after the Termination Date, to the extent that the same have not already been paid: (a) any and all salary and vacation pay earned through the Termination Date; and (b) any reimbursable expenses properly reported by the Executive. The Company shall also pay any Bonus Potential Earned at the same time that payments are made to other participants in the Corporate Bonus Plan.

Appears in 2 contracts

Samples: Executive Employment Agreement (Bindview Development Corp), Executive Employment Agreement (Bindview Development Corp)

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Payments Following Termination. If the Employment is terminated for any reason, either by the Company or by the Executive's ’s resignation, then the Company shall pay the Executive the following amounts as part of the Company's ’s next regular payroll cycle but in no event later than thirty (30) days after the Termination Date, to the extent that the same have not already been paid: (a) any and all salary and vacation pay earned through the Termination Date; and (b) any reimbursable expenses properly reported by the Executive. The Company shall also pay any Bonus Potential Earned at the same time that payments are made to other participants in the Corporate Bonus Plan.

Appears in 1 contract

Samples: Executive Employment Agreement (Bindview Development Corp)

Payments Following Termination. If the Employment is terminated for any reason, either by the Company or by the Executive's resignation, then the Company shall pay the Executive the following Executive Employment Agreement EXECUTIVE: ------------ amounts as part of the Company's next regular payroll cycle but in no event later than thirty (30) days after the Termination Date, to the extent that the same have not already been paid: (a) any and all salary and vacation pay earned through the Termination Date; and (b) any reimbursable expenses properly reported by the Executive. The Company shall also pay any Bonus Potential Earned at the same time that payments are made to other participants in the Corporate Bonus Plan.

Appears in 1 contract

Samples: Executive Employment Agreement (Bindview Development Corp)

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Payments Following Termination. If the Employment is terminated for any reason, either by the Company or by the Executive's resignation, then the Company shall pay the Executive the following amounts as part of the Company's next regular payroll cycle but in no event later than thirty (30) days after the Termination Date, to the extent that the same have not already been paid: (a) any and all salary and vacation pay earned through the Termination Date; and (b) any reimbursable expenses properly reported by the Executive. Page8 EXECUTIVE: SHEKAR AYYAR The Company shall also pay any Bonus Potential Earned at the Xxxxxx xx xhe same time that payments are made to other participants in the Corporate Bonus Plan.

Appears in 1 contract

Samples: Executive Employment Agreement (Bindview Development Corp)

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