Common use of Severance Payments and Vacation Pay Clause in Contracts

Severance Payments and Vacation Pay. (a) Vacation Pay in the Event of a Termination of Employment. In the event of the termination of Employee’s employment with Employer for any reason, Employee shall be entitled to receive, in addition to the Severance Payments described in Section 1.5(b) below, if any, the dollar value of any earned but unused (and unforfeited) vacation. Such dollar value shall be paid to Employee within fifteen (15) days following the date of termination of employment.

Appears in 10 contracts

Samples: Employment Agreement (First Solar, Inc.), Employment Agreement (First Solar, Inc.), Employment Agreement (First Solar, Inc.)

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Severance Payments and Vacation Pay. (a) Vacation Pay in the Event of a Termination of Employment. In the event of the termination of Employee’s employment with Employer for any reason, Employee shall be entitled to receive, in addition to the Severance Payments severance payments described in Section 1.5(bSections 1.5(a) below, if anyabove, the dollar value of any earned but unused (and unforfeited) vacation. Such dollar value shall be paid to Employee within fifteen (15) days following the date of termination of employment.

Appears in 6 contracts

Samples: Employment Agreement (First Solar, Inc.), Employment Agreement (First Solar, Inc.), Employment Agreement (First Solar, Inc.)

Severance Payments and Vacation Pay. (a) Vacation Pay in the Event of a Termination of Employment. In the event of the termination of Employee’s 's employment with Employer for any reason, Employee shall be entitled to receive, in addition to the Severance Payments described in Section 1.5(b) below, if any, the dollar value of any earned but unused (and unforfeited) vacation. Such dollar value shall be paid to Employee within fifteen (15) days following the date of termination of employment.

Appears in 4 contracts

Samples: Employment Agreement (First Solar, Inc.), Employment Agreement (First Solar, Inc.), Employment Agreement (First Solar, Inc.)

Severance Payments and Vacation Pay. (a) Vacation Pay in the Event of a Termination of Employment. In the event of the termination of Employee’s employment with Employer for any reason, Employee shall be entitled to receive, in addition to the Severance Payments severance payments described in Section 1.5(b) below, if any, the dollar value of any earned but unused (and unforfeited) vacation. Such dollar value shall be paid to Employee within fifteen (15) days following the date of termination of employment.

Appears in 2 contracts

Samples: Employment Agreement (First Solar, Inc.), Employment Agreement (First Solar, Inc.)

Severance Payments and Vacation Pay. (a) Vacation Pay in the Event of a Termination of Employment. In the event of the termination of Employee’s employment with Employer for any reason, Employee shall be entitled to receive, in addition to the Severance Payments severance payments described in Section Sections 1.5(b) below, if any, the dollar value of any earned but unused (and unforfeited) vacation. Such dollar value shall be paid to Employee within fifteen (15) days following the date of termination of employment.

Appears in 1 contract

Samples: Employment Agreement (First Solar, Inc.)

Severance Payments and Vacation Pay. (a) Vacation Pay in the Event of a Termination of Employment. In the event of the termination of Employee’s 's employment with Employer for any reason, Employee shall be entitled to receive, in addition to the Severance Payments described in Section 1.5(bl .5(b) below, if any, the dollar value of any earned but unused (and unforfeited) vacation. Such dollar value shall be paid to Employee within fifteen (15) days following the date of termination of employment.

Appears in 1 contract

Samples: Employment Agreement (First Solar, Inc.)

Severance Payments and Vacation Pay. (a) Vacation Pay in the Event of a Termination of Employment. In the event of the termination of Employee’s employment with Employer for any reason, Employee shall be entitled to receive, in addition to the Severance Payments described in Section 1.5(b2.8(b) below, if any, the dollar value of any earned but unused (and unforfeited) vacation. Such dollar value shall be paid to Employee within fifteen (15) days following the date of termination of employment.. (b) Severance Payments in the Case of a

Appears in 1 contract

Samples: Employment Agreement

Severance Payments and Vacation Pay. (a) Vacation Pay in the Event of a Termination of Employment. In the event of the termination of Employee’s 's employment with Employer for any reason, Employee shall be entitled to receive, in addition to the Severance Payments described in Section 1.5(b) below, if any, the dollar value of any earned but unused (and unforfeited) vacation. Such dollar value shall be paid to Employee within fifteen (15) days following the date of termination of employment.. (b) Severance Payments in the Case of a

Appears in 1 contract

Samples: Employment Agreement

Severance Payments and Vacation Pay. (a) Vacation Pay in the Event of a Termination of Employment. In the event of the termination of Employee’s employment with Employer for any reason, Employee shall be entitled to receive, in addition to the Severance Payments described in Section 1.5(b2.8(b) below, if any, the dollar value of any earned but unused (and unforfeited) vacation. Such dollar value shall be paid to Employee within fifteen (15) days following the date of termination of employment.

Appears in 1 contract

Samples: Employment Agreement (First Solar, Inc.)

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Severance Payments and Vacation Pay. (a) Vacation Pay in the Event of a Termination of Employment. In the event of the termination of Employee’s employment with Employer for any reason, Employee shall be entitled to receive, in addition to the Severance Payments severance payment described in Section 1.5(b) below, if any, the dollar value of any earned but unused (and unforfeited) vacation. Such dollar value shall be paid to Employee within fifteen (15) days following the date of termination of employment.

Appears in 1 contract

Samples: Employment Agreement (First Solar, Inc.)

Severance Payments and Vacation Pay. (a) Vacation Pay in the Event of a Termination of Employment. In the event of the termination of Employee’s employment with Employer for any reason, Employee shall be entitled to receive, in addition to the Severance Payments described in Section Sections 1.5(b) below, if any, the dollar value of any earned but unused (and unforfeited) vacation. Such dollar value shall be paid to Employee within fifteen (15) days following the date of termination of employment.

Appears in 1 contract

Samples: Employment Agreement (First Solar, Inc.)

Severance Payments and Vacation Pay. (a) Vacation Pay in the Event of a Termination of Employment. In the event of the termination of Employee’s employment with Employer for any reason, Employee shall be entitled to receive, in addition to the Severance Payments Payment described in Section 1.5(b) below, if any, the dollar value of any earned but unused (and unforfeited) vacation. Such dollar value shall be paid to Employee within fifteen (15) 15 days following the date of termination of employment.

Appears in 1 contract

Samples: Employment Agreement (First Solar, Inc.)

Severance Payments and Vacation Pay. (a) Vacation Pay in the Event of a Termination of Employment. In the event of the termination of Employee’s employment with Employer for any reason, Employee shall be entitled to receive, in addition to the Severance Payments severance payments described in Section 1.5(bSections 1.5(a) below, if anyabove, the dollar value of any earned but unused (and unforfeited) vacation. Such dollar value shall be paid to Employee within fifteen (15) days following vacation for the date year of termination of employmenttermination.

Appears in 1 contract

Samples: Employment Agreement (First Solar, Inc.)

Severance Payments and Vacation Pay. (a) Vacation Pay in the Event of a Termination of Employment. In the event of the termination of Employee’s 's employment with Employer for any reason, Employee shall be entitled to receive, in addition to the Severance Payments described in Section 1.5(bl.5(b) below, if any, the dollar value of any earned but unused (and unforfeited) vacation. Such dollar value shall be paid to Employee within fifteen (15) days following the date of termination of employment.

Appears in 1 contract

Samples: Employment Agreement (First Solar, Inc.)

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