Common use of Post-Employment Payments Clause in Contracts

Post-Employment Payments. (a) At the end of Executive’s employment with the Company for any reason, Executive shall cease to have any rights to salary, equity awards, expense reimbursements or other benefits, except that Executive shall be entitled to (i) any base salary which has accrued but is unpaid, with respect to the fiscal year of the termination, a pro rata portion of any performance bonus which has accrued for such fiscal year (as of the date of termination) but is unpaid, any reimbursable expenses which have been incurred but are unpaid, and any unexpired vacation days which have accrued under Crysteel’s vacation policy but are unused, as of the termination date of the Executive’s employment with the Company, (ii) any rights under profits interest grants and other equity incentive grants or plan benefits which by their terms extend beyond termination of Executive’s employment (but only to the extent provided in any profits interest grants and other equity incentive grants theretofore granted to Executive or any other benefit plan in which Executive has participated as an employee of the Company), (iii) any benefits to which Executive is entitled under Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Act of 1974, as amended, and (iv) any payments contemplated by paragraph 2(b).

Post-Employment Payments. (a) At the end of Executive’s employment with the Company for any reason, Executive shall cease to have any rights to salary, equity awards, expense reimbursements or other benefits, except that Executive shall be entitled to (i) any base salary Base Salary which has accrued through the date of termination but is unpaid, with respect to the fiscal any annual bonus set forth in subparagraph 4(b) above that has been earned for a prior calendar year of the termination, a pro rata portion of any performance bonus which has accrued for such fiscal year (as of the date of termination) but is unpaid, which shall be paid as provided in subparagraph 4(b), any reimbursable expenses which have been incurred but are unpaid, and any unexpired vacation days which have accrued under Crysteelthe Company’s vacation paid time off policy but are unused, as of the termination date end of the Executive’s employment with the CompanyEmployment Period, (ii) any option rights under profits interest grants and other equity incentive grants or plan benefits which by their terms extend beyond termination of Executive’s employment (but only to the extent provided in any profits interest grants and other equity incentive grants option theretofore granted to Executive or any other benefit plan in which Executive has participated as an employee of the CompanyCompany and excluding, except as hereinafter provided in subparagraph 6(b), any severance pay program or policy of the Company) and (iii) any benefits to which Executive is entitled under Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Act of 1974, as amendedamended (“COBRA”). In addition, and (ivExecutive shall be entitled to the additional amounts described in subparagraph 6(b) any payments contemplated by paragraph 2(bor 6(d), in the circumstances described in such subparagraphs.

Post-Employment Payments. (a) At a)Upon the end termination of Executive’s employment with the Company for any reasonEmployment Period pursuant to paragraph 5, Executive shall cease to have any rights to salary, equity awards, expense reimbursements or other benefits, except that Executive shall be entitled to (i) any base salary Base Salary which has accrued but is unpaid, with respect to the fiscal year of the termination, a pro rata portion of any performance bonus which has accrued for such fiscal year (as of earned but unpaid on the date of termination) but is unpaidtermination of Executive’s employment (which bonus shall be paid in accordance with the terms and conditions therefor established by the Manager), and any reimbursable expenses which have been incurred but are unpaid, and any unexpired vacation days each of which have accrued under Crysteel’s vacation policy but are unused, as shall be paid on the next scheduled payroll date following the termination of the termination date of the Executive’s employment with the CompanyEmployment Period, (ii) any rights under profits interest grants and other equity incentive grants or plan benefits due or by which by their terms extend beyond termination of Executive’s employment (but only to the extent provided in any profits interest grants and other equity incentive grants theretofore granted to Executive or any other benefit plan in which Executive has participated as an employee of the Company and excluding, except as hereinafter provided in subparagraph 6(b), any severance pay program or policy of the Company), (iii) all rights under and with respect to the Equity Incentive Plan and all awards granted to Executive thereunder and (iv) any benefits to which Executive is entitled under Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Act of 1974, as amendedamended (also known as COBRA). In addition, and (iv) any payments contemplated by paragraph 2(bExecutive shall be entitled to the additional amounts described in subparagraph 6(b), in the circumstances described in such subparagraphs.

Post-Employment Payments. (a) At the end of Executive’s employment with the Company for any reason, Executive shall cease to have any rights to salary, equity awards, expense reimbursements or other benefits, except that Executive shall be entitled to (i) any base salary Base Salary which has accrued but is unpaid, with respect to the fiscal year of the termination, a pro rata portion of any performance bonus which has accrued for such fiscal year (as of the date of termination) but is unpaid, any reimbursable expenses which have been incurred but are unpaid, and any unexpired vacation days which have accrued under Crysteelthe Company’s vacation policy but are unused, as of the termination date end of the Executive’s employment with the CompanyEmployment Period, (ii) any rights under profits interest grants and other vested equity incentive award grants or vested plan benefits which by their terms extend beyond the termination of Executive’s employment (but only to the extent provided in any profits interest grants and other equity incentive grants award theretofore granted to Executive or under any other benefit plan in which Executive has participated as an employee of the CompanyCompany and excluding, except as hereinafter provided in subparagraph 7(b), any severance pay program or policy of the Company) and (iii) any benefits to which Executive is entitled under Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Act of 1974, as amendedamended (“COBRA”). In addition, Executive shall be entitled to the additional benefits and (iv) any payments contemplated by paragraph 2(bamounts described in subparagraph 7(b), in the circumstance described in such subparagraph.

Post-Employment Payments. (a) At the end of Executive’s employment with the Company for any reason, Executive shall cease to have any rights to salary, equity awards, expense reimbursements or other benefits, except that Executive shall be entitled to (i) any base salary Base Salary which has accrued but is unpaid, with respect to the fiscal any annual bonus set forth in subparagraph 4(b) above that has been earned for a prior calendar year of the termination, a pro rata portion of any performance bonus which has accrued for such fiscal year (as of the date of termination) but is unpaid, which shall be paid as provided in subparagraph 4(b), any reimbursable expenses which have been incurred but are unpaid, and any unexpired vacation paid time off days which have accrued under Crysteelthe Company’s vacation paid time off policy but are unused, as of the termination date end of the Executive’s employment with the CompanyEmployment Period, (ii) any option rights under profits interest grants and other equity incentive grants or plan benefits which by their terms extend beyond termination of Executive’s employment (but only to the extent provided in any profits interest grants and other equity incentive grants option theretofore granted to Executive or any other benefit plan in which Executive has participated as an employee of the CompanyCompany and excluding, except as hereinafter provided in subparagraph 6(b), any severance pay program or policy of the Company) and (iii) any benefits to which Executive is entitled under Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Act of 1974, as amended. In addition, and (iv) any payments contemplated by paragraph 2(bExecutive shall be entitled to the additional amounts described in subparagraph 6(b), in the circumstances described in such subparagraph.