Vacation Upon Termination. Upon the termination of his employment, the Executive shall be entitled to accrued vacation pay calculated on a pro rata basis in respect of each completed month of service in the calendar year in which his employment terminates and the appropriate amount shall be paid in cash to the Executive within 60 days of his termination of employment, provided that if the Executive shall have taken more days than his accrued entitlement the Company is hereby authorized to make an appropriate deduction from the Executive’s final salary payment.
Appears in 6 contracts
Samples: Employment Agreement (Armstrong Coal Company, Inc.), Employment Agreement (Armstrong Coal Company, Inc.), Employment Agreement (Armstrong Energy, Inc.)
