Common use of ACCRUED AND UNPAID AMOUNTS Clause in Contracts

ACCRUED AND UNPAID AMOUNTS. Upon termination of Executive’s employment for any reason, the Company shall pay to Executive (or Executive’s estate, if applicable) immediately, all unpaid Base Salary up to the Termination Date, all incentive compensation that was earned and vested up to the Termination Date in accordance with the Incentive Plan and applicable award agreements but not yet paid, and all accrued but unused vacation and other benefits (other than the Incentive Plan) accrued up to the Termination Date.

Appears in 4 contracts

Samples: Amended And (CorEnergy Infrastructure Trust, Inc.), Employment Agreement (CorEnergy Infrastructure Trust, Inc.), Employment Agreement (CorEnergy Infrastructure Trust, Inc.)

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