Common use of Accrued Compensation Clause in Contracts

Accrued Compensation. For purposes of this Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company or an Employing Affiliate that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company or an Employing Affiliate during the period ending on the Termination Date and (c) vacation pay; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 8 contracts

Samples: Severance Protection Agreement (Axsys Technologies Inc), Severance Protection Agreement (Axsys Technologies Inc), Severance Protection Agreement (Axsys Technologies Inc)

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Accrued Compensation. For purposes of this Agreement, -------------------- "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company or an Employing any other Affiliate that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company or an Employing Affiliate during the period ending on the Termination Date and Date, (c) vacation paypay and (d) bonuses and incentive compensation; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) or clause (d) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 6 contracts

Samples: Severance Protection Agreement (Gpu Inc /Pa/), Severance Protection Agreement (Pennsylvania Electric Co), Severance Protection Agreement (Pennsylvania Electric Co)

Accrued Compensation. For purposes of this Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company or an Employing any other Affiliate that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company or an Employing Affiliate during the period ending on the Termination Date and Date, (c) vacation paypay and (d) bonuses and incentive compensation; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) or clause (d) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 5 contracts

Samples: Severance Protection Agreement (Pennsylvania Electric Co), Severance Protection Agreement (Pennsylvania Electric Co), Severance Protection Agreement (Pennsylvania Electric Co)

Accrued Compensation. For purposes of this Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company Employer or an Employing any other Affiliate that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company or an Employing Affiliate Employer during the period ending on the Termination Date and (c) vacation pay; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) or clause (d) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 5 contracts

Samples: Change in Control Severance Agreement (Quorum Health Corp), Change in Control Severance Agreement (Community Health Systems Inc), Change in Control Severance Agreement (Quorum Health Corp)

Accrued Compensation. For purposes of this Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company or an Employing Affiliate that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company or an Employing Affiliate during the period ending on the Termination Date and Date, (c) vacation paypay and (d) bonuses and incentive compensation; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) or clause (d) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 4 contracts

Samples: Severance Protection Agreement (Gadzooks Inc), Severance Protection Agreement (Gadzooks Inc), Severance Protection Agreement (Gadzooks Inc)

Accrued Compensation. For purposes of this Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company or an Employing Affiliate that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company or an Employing Affiliate during the period ending on the Termination Date and (c) vacation pay; providedPROVIDED, howeverHOWEVER, that Accrued Compensation shall not include any amounts described in clause (a) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 4 contracts

Samples: Severance Protection Agreement (Aldila Inc), Severance Protection Agreement (Aldila Inc), Severance Protection Agreement (Aldila Inc)

Accrued Compensation. For purposes of this Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company or an Employing Affiliate that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company or an Employing Affiliate during the period ending on the Termination Date and (c) vacation pay; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 4 contracts

Samples: Severance Protection Agreement (Axsys Technologies Inc), Severance Protection Agreement (Axsys Technologies Inc), Severance Protection Agreement (Axsys Technologies Inc)

Accrued Compensation. For purposes of this Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company Corporation or an Employing Affiliate any of its Affiliates that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company Corporation or an Employing Affiliate of its Affiliates of the Corporation during the period ending on the Termination Date and Date, (c) vacation paypay and (d) bonuses and incentive compensation; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) or clause (d) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 4 contracts

Samples: Severance Protection Agreement (Motorola Inc), Incentive and Severance Protection Agreement (General Semiconductor Inc), Severance Protection Agreement (General Semiconductor Inc)

Accrued Compensation. For purposes of this Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company Corporation or an Employing Affiliate any of its Affiliates that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company Corporation or an Employing Affiliate of its Affiliates of the Corporation during the period ending on the Termination Date and (c) vacation pay; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 3 contracts

Samples: Severance Protection Agreement (Commscope Inc), Severance Protection Agreement (CommScope Holding Company, Inc.), Severance Protection Agreement (CommScope Holding Company, Inc.)

Accrued Compensation. For purposes of this Agreement, "Accrued CompensationACCRUED COMPENSATION" shall mean all amounts of compensation for services rendered to the Company or an Employing Affiliate that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company or an Employing Affiliate during the period ending on the Termination Date and Date, (c) vacation paypay and (d) bonuses and incentive compensation; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) or clause (d) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 3 contracts

Samples: Severance Protection Agreement (Gadzooks Inc), Severance Protection Agreement (Gadzooks Inc), Severance Protection Agreement (Gadzooks Inc)

Accrued Compensation. For purposes of this Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company or an Employing Affiliate that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company or an Employing Affiliate during the period ending on the Termination Date and Date, (c) vacation paypay and (d) bonuses and incentive compensation; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) or clause (d) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 3 contracts

Samples: Severance Protection Agreement (NMS Communications Corp), Severance Protection Agreement (LiveWire Mobile, Inc.), Severance Protection Agreement (NMS Communications Corp)

Accrued Compensation. For purposes of this Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company Corporation or an Employing Affiliate any of its Affiliates that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company Corporation or an Employing Affiliate of its Affiliates during the period ending on the Termination Date and (c) vacation pay; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 3 contracts

Samples: Severance Protection Agreement (CommScope Holding Company, Inc.), Severance Protection Agreement (CommScope Holding Company, Inc.), Severance Protection Agreement (CommScope Holding Company, Inc.)

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Accrued Compensation. For purposes of this Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company [or an Employing Affiliate any other Affiliate] that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company or an Employing Affiliate during the period ending on the Termination Date and Date, (c) vacation paypay and (d) bonuses and incentive compensation; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) or clause (d) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 2 contracts

Samples: Severance Protection Agreement (NMS Communications Corp), Severance Protection Agreement (NMS Communications Corp)

Accrued Compensation. For purposes of this Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company Corporation or an Employing Affiliate any of its Affiliates that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company Corporation or an Employing Affiliate of its Affiliates of the Corporation during the period ending on the Termination Date and Date, (c) vacation paypay and (d) bonuses and incentive compensation; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) or clause (d) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 1 contract

Samples: Severance Protection Agreement (Commscope Inc)

Accrued Compensation. For purposes of this Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company or an Employing and any other Affiliate that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company or an Employing Affiliate during the period ending on the Termination Date and Date, (c) vacation paypay and (d) bonuses and incentive compensation; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) or clause (d) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 1 contract

Samples: Severance Protection Agreement (Pennsylvania Electric Co)

Accrued Compensation. For purposes of this -------------------- Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company or an Employing any other Affiliate that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company or an Employing Affiliate during the period ending on the Termination Date and Date, (c) vacation paypay and (d) bonuses and incentive compensation; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) or clause (d) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 1 contract

Samples: Severance Protection Agreement (Gpu Inc /Pa/)

Accrued Compensation. For purposes of this Agreement, -------------------- "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company or an Employing and any other Affiliate that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company or an Employing Affiliate during the period ending on the Termination Date and Date, (c) vacation paypay and (d) bonuses and incentive compensation; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) or clause (d) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 1 contract

Samples: Severance Protection Agreement (Gpu Inc /Pa/)

Accrued Compensation. For purposes of this ------------------------------------------- Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company or an Employing any other Affiliate that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company or an Employing Affiliate during the period ending on the Termination Date and Date, (c) vacation paypay and (d) bonuses and incentive compensation; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) or clause (d) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 1 contract

Samples: Severance Protection Agreement (Pennsylvania Electric Co)

Accrued Compensation. For purposes of this Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company or an Employing Affiliate that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, Date including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company or an Employing Affiliate during the period ending on the Termination Date and (c) vacation pay; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive.

Appears in 1 contract

Samples: Severance Protection Agreement (Curtiss Wright Corp)

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