Unpaid Salary Sample Clauses

Unpaid Salary. Within 15 days after the Termination Date, Executive shall receive a lump sum cash payment equal to Executive’s unpaid base salary, if any, earned through the Termination Date.
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Unpaid Salary. The Company hereby acknowledges that it owes Meineke ------------- $6,987 for salary earned by Meineke Consulting, LLC, during the year 2002 (the "2002 Salary"), and $38,959 for salary earned by Meineke during the year 2003 (the "2003 Salary"), and $3,750 salary earned by Meineke during 2004 through February 15, 2004. The Company shall pay to Meineke Consulting, LLC the 2002 Salary prior to paying any unpaid wages earned by any employees in the year 2003 and when it pays all other wages remaining unpaid for the year 2002, pro rata and in proportion to all other unpaid wages earned in 2002 and remaining unpaid as of the Effective Date. The Company shall pay to Meineke the 2003 Salary after all wages remaining unpaid for the year 2002 are paid, and when it pays all other wages remaining unpaid for the year 2003, pro rata and in proportion to all other unpaid wages earned in 2003 and remaining unpaid as of the Effective Date.
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Unpaid Salary. All unpaid base salary accrued through March 31, 2000.
Sample 1
Unpaid Salary. All unpaid and /or deferred base salary less applicable taxes and withholdings as required by law (including accrued vacation) due through the closing date of the Asset Sale will be paid in cash to the Executive on the Resignation Date.
Sample 1
Unpaid Salary. At various times prior to June 6, 2019, the Company did not have sufficient cash resources to make payroll. As a result, the Company did not pay certain salary and other compensation which the Company owed to Xxxxx, which was carried as accrued unpaid salary on the books and records of the Company. In exchange for the covenant of the Company’s lender and shareholder, Xxxxx Xxxxxx, not to file a lawsuit against Xxxxx for fraud, Xxxxx previously agreed via email to waive any and all rights that he had or may have had to receive any compensation with respect to his employment with the Company prior to June 6, 2019. Xxxxx and Xxxxxx desire to formally memorialize their verbal/email agreement, and to expressly acknowledge that this verbal/email agreement includes, but is not limited to, the Employment Agreement and any unpaid salary, bonuses, or other compensation, whether or not it is enumerated in the terminated Employment Agreement, recorded on the books of the Company as accrued unpaid salary, or otherwise.
Sample 1
Unpaid Salary. Unpaid salary to the date of termination, accrued on a daily basis, payable forthwith.
Sample 1

Related to Unpaid Salary

  • Accrued Salary On the Separation Date, the Company will pay you all accrued salary earned through the Separation Date, subject to standard payroll deductions and withholdings. You will receive these payments regardless of whether or not you sign this Agreement.

  • Base Salary The Company shall pay to Executive a base salary (“Base Salary”) of $250,000 per year, payable in accordance with the payroll policies from time to time in effect at the Company. Executive’s Base Salary may be subject to increase (but shall not be subject to decrease) on an annual basis as the Board of Directors of the Company or any committee thereof (the “Board of Directors”) shall determine.

  • 1Base Salary During the Period of Employment, the Company shall pay the Executive a base salary (the “Base Salary”), which shall be paid biweekly or in such other installments as shall be consistent with the Company’s regular payroll practices in effect from time to time. The Executive’s Base Salary shall be at an annualized rate of Seven Hundred Thousand dollars ($700,000.00). The Compensation Committee of the Board (the “Compensation Committee”) will review the Executive’s rate of Base Salary on an annual basis and may, in its sole discretion, increase (but not decrease) the rate then in effect.

  • Basic Salary (a) During the Employment the Company shall pay the Executive a Basic Salary of not less than £415,000 per annum. The Basic Salary shall accrue from day to day and be payable by credit transfer in equal monthly instalments in arrears on or around the 25th day of each calendar month or otherwise as arranged from time to time.

  • Base Salary and Bonus As compensation for the Executive's services under this Agreement, the Executive shall receive and the Company shall pay a weekly base salary set forth on Exhibit A. Such base salary may be increased but not decreased during the Term or Renewal Period in the Company's discretion based upon the Executive's performance and any other factors the Company deems relevant. Such base salary shall be payable in accordance with the policy then prevailing for the Company's executives. In addition to such base salary, the Executive shall be entitled during the Term or Renewal Period to a performance bonus set forth on Exhibit A and to participate in and receive payments from, at the Company's election, other bonus and other incentive compensation plans, if any, as may be adopted by the Company.

  • Base Salary and Incentive Compensation The Company shall pay to Executive (i) his Base Salary (as in effect as of the date of his termination) and (ii) Incentive Compensation (in an aggregate amount equal to the applicable portion of the cash Incentive Compensation received by the Executive for the most recent fiscal year prior to his termination) as follows: Years of Base Payout Service Salary Incentive Compensation Period Less than one 3 months 25% of the Short Term Incentive Plan award for the most recent full fiscal year prior to termination 3 months One but less than two 6 months 50% of the Short Term Incentive Plan award for the most recent full fiscal year prior to termination 6 months Two but less than three 9 months 75% of the Short Term Incentive Plan award for the most recent full fiscal year prior to termination 9 months Three or More 12 months 100% of the Short Term Incentive Plan award for the most recent full fiscal year prior to termination 12 months To the extent permitted under Code Section 409A, the sum of applicable Base Salary and Incentive Compensation shall be divided into equal monthly payments and paid to the Executive over the applicable Payout Period shown in the table above, depending on the Executive’s years of service at the time of Termination.

  • Accrued Compensation On any termination of the Executive’s employment with the Company Group, the Executive will be entitled to receive all accrued but unpaid vacation, expense reimbursements, wages, and other benefits due to the Executive under any Company-provided plans, policies, and arrangements.

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

  • Salary For Executive’s services hereunder, Employer shall pay as base salary to Executive the amount of $188,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

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