Example ContractsClausesPayments Upon Termination
Payments Upon Termination
Payments Upon Termination contract clause examples

Payments Upon Termination. Executive will be entitled to receive payment of the following: # all earned but unpaid compensation (including accrued unpaid vacation) through the effective date of termination, payable on or before the termination date; and # reimbursement, made in accordance with Section 4(e) of the Employment Agreement, of any monies advanced or incurred by Executive in connection with his/her employment for reasonable and necessary Company-related expenses incurred on or before the Termination Date. The provisions of this Agreement shall not waive or terminate any rights to compensation or vested benefits under the Company’s benefits plans or as required by law, or to indemnification Executive may have under the Company’s Certificate of Incorporation, Bylaws or separate indemnification agreement, as applicable.

Upon Termination. Except as otherwise set forth in Section 6 herein, in the event Executive leaves the employ of the Company for any reason prior to payment of any bonus, Executive is not eligible for such bonus, prorated or otherwise.

Payments Upon Termination. Executive will be entitled to receive payment of the following: # all earned but unpaid compensation (including accrued unpaid vacation) through the effective date of termination, payable on or before the termination date; and # reimbursement, made in accordance with Section 4(e) of the Employment Agreement, of any monies advanced or incurred by Executive in connection with his/her employment for reasonable and necessary Company-related expenses incurred on or before the Termination Date. The provisions of this Agreement shall not waive or terminate any rights to compensation or vested benefits under the Company’s benefits plans or as required by law, or to indemnification Executive may have under the Company’s Certificate of Incorporation, Bylaws or separate indemnification agreement, as applicable.

Payments Upon Termination. Executive will be entitled to receive payment of the following: # all earned but unpaid compensation (including accrued unpaid vacation) through the effective date of termination, payable on or before the termination date; and # reimbursement, made in accordance with Section 4(e) of the Employment Agreement, of any monies advanced or incurred by Executive in connection with his/her employment for reasonable and necessary Company-related expenses incurred on or before the Termination Date. The provisions of this Agreement shall not waive or terminate any rights to compensation or vested benefits under the Company’s benefits plans or as required by law, or to indemnification Executive may have under the Company’s Certificate of Incorporation, Bylaws or separate indemnification agreement, as applicable.

Payments Upon Termination. Upon termination of the Term for any reason, the Employee shall be entitled to payment of any accrued but unpaid Base Salary for services performed hereunder through the last day of the Term. In addition, if the Term is terminated prior to October 15, 2018 (including in connection with the Company's appointment of a

Upon Termination. In the event Employee leaves the employ of the Company for any reason prior to payment of any bonus, he is not eligible for such bonus, prorated or otherwise.

Payments Upon Termination. In accordance with Paragraph 4(a) of the Employment Agreement, upon Executive’s termination, Executive is entitled to: # payment of his earned but unpaid Base Salary for the period ending on the Termination Date, payable as required by applicable law, # a cash payment in an amount equal to nineteen thousand and two dollars and forty cents ($19,002.40), # reimbursements of any reasonable business expenses incurred prior to the Termination Date, and # any other payments or benefits to which Executive is entitled under the express terms of any employee benefit plans, arrangements or programs of Company and its affiliates, or required by applicable law.

Payments Upon Termination. Executive will be entitled to receive payment of the following: # all earned but unpaid compensation (including accrued unpaid vacation) through the effective date of termination, payable on or before the termination date; and # reimbursement, made in accordance with Section 4(f) of the Employment Agreement, of any monies advanced or incurred by Executive in connection with his/her employment for reasonable and necessary Company-related expenses incurred on or before the Termination Date. The provisions of this Agreement shall not waive or terminate any rights to compensation or vested benefits under the Company’s benefits plans or as required by law, or to indemnification Executive may have under the Company’s Certificate of Incorporation, Bylaws or separate indemnification agreement, as applicable.

Payments Upon Termination. On the Effective Date, the Company will pay to you: # any Base Salary (as defined in the Employment Agreement) as well as accrued vacation pay, expense reimbursements, earned compensation and vested benefits under any Company Plan, and any and all other similar amounts, accrued but unpaid as of the Effective Date, and # the awarded but unpaid portion, if any, of the Performance Bonuses (as defined in the Employment Agreement) for any year prior to 2018.

Payments Upon Termination. In the event of a termination of the Executive’s employment, all payments and Company benefits to the Executive hereunder, except the payment of Liquidated Damages (if any) provided below, shall immediately cease and terminate. In the event the Company terminates the Executive’s employment pursuant to Section 6(d) hereof, and such termination constitutes an “involuntary separation from service” within the meaning of Treasury Regulations Section 1.409A-1(n)(1), the Company shall pay the Executive an amount equal to the Liquidated Damages defined in this Section 6(e) in lieu of actual damages for such termination. If the Executive’s employment terminates or is terminated for any reason other than

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.