Accrued Benefits Contract Clauses (46)

Accrued Benefits. The Company will pay and provide to Executive the following payments and benefits: (a) Salary and Vacation Pay. Within 7 calendar days after the Separation Date, or such earlier date as required by law, the Company will issue to Executive his final paycheck, reflecting (i) his earned but unpaid base salary through the Separation Date, and (ii) his accrued but unused vacation pay through the Separation Date. (b) Expense Reimbursements. Within 30 calendar days following the Separation Date, the Co...mpany will reimburse Executive for any reasonable unreimbursed business expenses actually and properly incurred by Executive in connection with carrying out 1 his duties with the Company through the Separation Date in accordance with the Company's applicable business expense reimbursement policies, which expenses will be submitted by Executive to the Company with supporting receipts and/or documentation no later than 10 calendar days after the Separation Date. (c) Other Benefits. All Company-provided benefits shall cease to accrue on the Separation Date, including but not limited to accrual of vacation, short or long-term disability leave, and other benefits. To the extent not theretofore paid or provided, the Company shall pay or provide, or cause to be paid or provided, to Executive any amounts or benefits required to be paid or provided or which Executive is eligible to receive under the Company's (or an affiliate's) retirement plans or welfare benefit plans, in each case in accordance with the terms, conditions and normal procedures of each such plan and based on accrued and vested benefits through the Separation Date. The Company will continue to provide the existing level of health and dental insurance benefits through the Separation Date and will subsidize Executive's health insurance under COBRA for eighteen months at the current contribution rate, as further discussed in Section 3(c) below. Executive will receive information regarding election of benefit continuation separately. View More

Accrued Benefits. As of the Retirement Date, Executive shall be paid all of the Executive's salary, all incentive or bonus payments (including without limitation payment under the 2017 incentive program or any other incentive programs or commitments), all accrued, but unused, vacation and all other wages earned through the Retirement Date, less all applicable withholdings and required deductions. The Executive agrees that as of the Retirement Date, the Executive has been paid all compensation or incentive payment...s due the Executive as of the Retirement Date by virtue of the Executive's employment, in keeping with the Company's policy and practice, except any payments or rights pursuant to this Agreement that will be paid following the Retirement Date. View More

Accrued Benefits. (a) Whether or not Executive chooses to sign this Transition Agreement, Executive will be entitled to receive the following Accrued Benefits as defined in Section 6(a)(i) of the Employment Agreement: (i) Unpaid Base Salary accrued up to the Separation Date; (ii) A lump-sum payment, less applicable withholdings and deductions, that represents the value of Executive's accrued unused vacation, if any; (iii) Vested benefits under any Company retirement, deferred compensation plan or equity plan; and... (iv) COBRA coverage continuation rights under any Company health care plan, in accordance with the terms of such plans and applicable law. (b) Executive will also be entitled to any rights to contribution, advancement of expenses, defense or indemnification Executive may have under the Company's Articles of Incorporation or Bylaws, as applicable, or as provided under applicable law; provided, however, that the foregoing shall not provide for any right to indemnification or advancement for any expenses or liabilities incurred by Executive, including, but not limited to any attorneys' fees, amounts paid in settlement and any related costs, arising out of or resulting from any litigation matters settled or otherwise resolved by Executive without the Company's consent. View More

Accrued Benefits. The Company shall pay or provide to Executive the following payments and benefits: (a) Salary and Vacation Pay. By the next regular payroll date after the Separation Date (or such earlier date as required by law), the Company shall issue to Executive his final paycheck, reflecting (i) his earned but unpaid base salary through the Separation Date, and (ii) his accrued but unused vacation pay through the Separation Date. (b) Expense Reimbursements. The Company, within 30 calendar days after the Se...paration Date, shall reimburse Executive for any and all reasonable business expenses incurred by Executive in connection with the performance of his duties prior to the Separation Date, which expenses shall be submitted by Executive to the Company with supporting receipts and/or documentation no later than 15 calendar days after the Separation Date. View More

Accrued Benefits. On the Termination Date, the Executive will be paid $9,166.67, which will represent all of the Executive's salary, all of your accrued, but unused, vacation and all other wages earned through the Termination Date, less all applicable withholdings and required deductions. The Executive agrees that as of the Termination Date, the Executive has been paid all compensation due the Executive as of the Termination Date by virtue of the Executive's employment, in keeping with the Company's policy and pr...actice, except any payments or rights pursuant to this Agreement that will be paid following the Termination Date. View More