Salary and Benefits Continuation. During the Transition Period, Executive will be paid a base salary at the rate of $55,000 per annum in accordance with the Company’s standard payroll procedures. All payments made to Executive during the Transition Period will be subject to standard payroll deductions and withholdings. Executive will remain eligible to participate in the Company’s employee benefit programs in accordance with their terms.
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Samples: Transition and Separation Agreement (Broadcom Inc.)
Salary and Benefits Continuation. During the Transition Period, Executive will continue to be paid a an annual base salary at the rate of $55,000 per annum 280,000, paid in bi-weekly installments in accordance with the Company’s standard payroll procedurespractices, accrue paid vacation and be eligible for all employee benefit plans available to senior executives of the Company (other than the Severance Plan) through the Termination Date. All payments made to Executive during the Transition Period will be subject to standard payroll deductions and withholdings. Executive will remain eligible to participate in the Company’s employee benefit programs in accordance with their terms.
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Salary and Benefits Continuation. During the Transition Period, Executive will continue to be paid a an annual base salary at the rate of $55,000 per annum 313,400, paid in bi-weekly installments in accordance with the Company’s standard payroll procedurespractices, accrue paid vacation and be eligible for all employee benefit plans available to senior executives of the Company (other than the Severance Plan) through the Termination Date. All payments made to Executive during the Transition Period will be subject to standard payroll deductions and withholdings. Executive will remain eligible to participate in the Company’s employee benefit programs in accordance with their terms.
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Salary and Benefits Continuation. During the Transition Period, Executive will be paid a base salary at the rate of $55,000 2,500 per annum week in accordance with the Company’s standard regular payroll procedurespractices and be eligible for all employee benefit plans available to senior executives of the Company and continue to vest into outstanding equity awards, in each case, in accordance with their terms, provided, that Executive shall no longer accrue any vacation during the Transition Period. All payments made to Executive during the Transition Period will be subject to standard payroll deductions required withholding taxes and withholdings. Executive will remain eligible to participate in the Company’s employee benefit programs in accordance with their termsauthorized deductions.
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Samples: Transition and Separation Agreement (Aimmune Therapeutics, Inc.)