Delayed Initial Payment Date definition

Delayed Initial Payment Date has the meaning stated in Section 9.2 of this Agreement.

Examples of Delayed Initial Payment Date in a sentence

  • Upon the Delayed Initial Payment Date, the Company (or the successor entity thereto, as applicable) shall pay to Executive a lump sum amount equal to the applicable benefit that Executive would otherwise have received through the Delayed Initial Payment Date if the commencement of the payment of the benefit had not been so delayed pursuant to this Section 3(c), and any remaining payments due shall be paid as otherwise provided herein.

  • The Company will (A) pay to Employee a lump sum amount equal to the sum of the payments upon separation from service that Employee would otherwise have received through the Delayed Initial Payment Date if the commencement of the payments had not been delayed pursuant to this Section 8.4, and (B) commence paying the balance of the payments in accordance with the applicable payment schedules set forth herein.

Related to Delayed Initial Payment Date