Common use of Separation Date and Final Paycheck Clause in Contracts

Separation Date and Final Paycheck. Executive’s employment with Intelsat will terminate effective February 9, 2006 (the “Separation Date”). The Executive will receive normal compensation up to and including the Separation Date, as well as a lump sum payment of $115,382.24 for sixty (60) days of accrued vacation, less all required tax withholdings and other authorized deductions.

Appears in 1 contract

Samples: Separation Agreement (Intelsat UK Financial Services Ltd.)

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Separation Date and Final Paycheck. The Executive’s employment with Intelsat will terminate effective February 9June 5, 2006 2008 (the “Separation Date”). The Executive will receive normal compensation up to and including the Separation Date, as well as a lump sum payment in the amount of $115,382.24 for sixty (60) days of 18,638.29, representing his accrued vacationvacation as determined by Intelsat and agreed by the Executive, less all required tax withholdings and other authorized deductions.

Appears in 1 contract

Samples: Separation Agreement (Intelsat LTD)

Separation Date and Final Paycheck. Executive’s employment with Intelsat will terminate effective February 9January 27, 2006 (the “Separation Date”). The Executive will receive normal compensation up to and including the Separation Date, as well as a lump sum payment of $115,382.24 46,152 for sixty thirty (6030) days of accrued vacation, less all required tax withholdings and other authorized deductions.

Appears in 1 contract

Samples: Separation Agreement (Intelsat LTD)

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Separation Date and Final Paycheck. Executive’s employment with Intelsat will terminate effective February 9terminated as of November 19, 2006 2010 (the “Separation Date”). The Executive will receive received normal compensation up to and including the Separation Datethat date, as well as including a lump sum payment for all earned but unused vacation in accordance with Company policy and reimbursement of $115,382.24 for sixty (60) days of accrued vacationall approved business expenses, less all required tax withholdings and other authorized deductions.

Appears in 1 contract

Samples: Separation Agreement (Intelsat S.A.)

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