Satisfaction of All Leaves and Payment Amounts Prior Rights and Obligations Contract Clauses (16)

Grouped Into 2 Collections of Similar Clauses From Business Contracts

This page contains Satisfaction of All Leaves and Payment Amounts Prior Rights and Obligations clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Satisfaction of All Leaves and Payment Amounts Prior Rights and Obligations. In entering into this Agreement, Employee expressly acknowledges and agrees that, as of the date he signs this Agreement, Employee has received all leaves (paid and unpaid) to which Employee has been entitled during Employee's employment with the Company or any other Company Party, and Employee has received all wages, bonuses and other compensation, been provided all benefits and been afforded all rights and been paid all sums that Employee has been owed by the Company or any other Company Party..., including all payments arising out of all incentive plans and any other bonus arrangements. Notwithstanding the foregoing, Employee remains: (a) entitled to receive Employee's base salary and benefits for services performed between the date that Employee signs this Agreement and the Separation Date, (b) eligible to receive payment for any 2018 STI award as referenced in Section 2(c) above, and (c) eligible to receive payment for any accrued, unused paid time off that he is eligible to receive as of the Separation Date. For the avoidance of doubt, Employee acknowledges and agrees that Employee had no right to the Separation Benefits but for Employee's entry into this Agreement and satisfaction of the terms herein. View More
Satisfaction of All Leaves and Payment Amounts Prior Rights and Obligations. In entering into this Agreement, Employee expressly acknowledges and agrees that, as of the date he signs this Agreement, that Employee has received all leaves (paid and unpaid) to which Employee has been was entitled during Employee's employment with the Company or and any other Company Party, Party and Employee has received all wages, bonuses bonuses, and other compensation, been provided all benefits and benefits, been afforded all rights and been paid all sums that Employee is owed and has b...een owed by the Company or and any other Company Party, including all payments arising out Party as of all incentive plans and any other bonus arrangements. Notwithstanding the foregoing, Employee remains: (a) entitled to receive Employee's base salary and benefits for services performed between the date that Employee signs executes this Agreement and (such date, the Separation Date, (b) eligible to receive payment for any 2018 STI award as referenced in Section 2(c) above, and (c) eligible to receive payment for any accrued, unused paid time off that he is eligible to receive as of the Separation Date. "Signing Date"). For the avoidance of doubt, Employee acknowledges and agrees that Employee had no right to the Separation Benefits payments or benefits described in Section 1 above (or any portion thereof) but for Employee's entry into this Agreement and satisfaction of the terms herein. Agreement. View More
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Satisfaction of All Leaves and Payment Amounts Prior Rights and Obligations. In entering into this Agreement, Executive expressly acknowledges and agrees that Executive has received all leaves (paid and unpaid) to which Executive has been entitled during Executive's employment with the Company or any other Company Party, and Executive has received all wages, bonuses and other compensation, been provided all benefits and been afforded all rights and been paid all sums that Executive is owed or has been owed by the Company or any other Company Party, including all payments... arising out of all incentive plans and any other bonus arrangements. Additionally, Executive will not be entitled to receive any severance benefits pursuant to Section 10(a) of the Employment Agreement. Notwithstanding the foregoing, Executive remains entitled to receive Executive's current annualized base salary and benefits for services performed between the date that Executive signs this Agreement and the Transition Date. For the avoidance of doubt, Executive acknowledges and agrees that Executive had no right to the Orderly Transition Benefits or the 2023 Pro-Rata Bonus (or any portion thereof) but for Executive's execution and re-execution of the Release in accordance with the terms of the Release. View More
Satisfaction of All Leaves and Payment Amounts Prior Rights and Obligations. In entering into this Agreement, Executive expressly acknowledges and agrees that Executive has received all leaves (paid and unpaid) to which Executive has been entitled during Executive's employment with the Company or any other Company Party, and Executive has received all wages, bonuses and other compensation, been provided all benefits and been afforded all rights and been paid all sums that Executive is owed or has been owed by the Company or any other Company Party, including all payments... arising out of all incentive plans and any other bonus arrangements. Additionally, arrangements; provided, however, that if the Resignation Date is on or prior to June 1, 2018, the Company shall pay Executive will not be entitled to receive any severance benefits pursuant to Section 10(a) of two weeks' vacation pay upon the Employment Agreement. Resignation Date. Notwithstanding the foregoing, Executive remains entitled to receive Executive's current annualized base salary (at the annualized rate of $515,000) and benefits for services performed between the date that Executive signs this Agreement Signing Date and the Transition Resignation Date. For the avoidance of doubt, Executive acknowledges and agrees that Executive had no right to the Orderly Transition Separation Benefits or the 2023 Pro-Rata Bonus (or any portion thereof) but for Executive's execution entry into this Agreement and re-execution satisfaction of the Release in accordance with the terms of the Release. herein. View More
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