Accrued Obligation Sample Clauses

Accrued Obligation. A lump sum cash payment equal to Employee’s Accrued Obligations shall be made on the sixtieth (60th) day following the Employee’s Date of Termination;
AutoNDA by SimpleDocs
Accrued Obligation. Termination of this Agreement for any reason shall not release any Party hereto from any liability which at the time of such termination has already accrued to the other Party or which is attributable to a period prior to such termination, nor preclude either Party from pursuing all rights and remedies it may have hereunder or at law or in equity with respect to any breach of this Agreement.
Accrued Obligation. See Section 5.4(a).
Accrued Obligation. The Company’s obligations under this Agreement, including its obligations pursuant to Section 2, shall accrue and be owing as of the Effective Date and the rights of Employee hereunder shall vest immediately but remain contingent and conditioned on the occurrence of an Involuntary Termination and Employee delivering (and not revoking) a release of claims as required under Section 8. For clarity, the Company shall treat its obligations hereunder as outstanding as of the date hereof, including for purposes of determining its insolvency, and the Company’s obligations hereunder shall be due and payable regardless of any subsequent insolvency of the Company.
Accrued Obligation. A lump sum cash payment equal to Employee’s accrued, earned but unpaid compensation and bonuses for the period ending on the Date of Termination, provided, that such payment shall not include any potential or unearned bonuses or any other potential or unearned or benefits ("Accrued Obligations") shall be made on the sixtieth (60th) day following the Employee’s Date of Termination; and
Accrued Obligation. The Company shall pay to the Executive the Accrued Obligation within ten (10) days after the Date of Termination.
Accrued Obligation. The Company shall pay to the Executive a lump sum amount in cash equal to the sum of (A) the Executive's
AutoNDA by SimpleDocs
Accrued Obligation. The Company shall pay to the Executive (or, in the event of his death, to his legal representative) the Accrued Obligation within ten (10) days after the Date of Termination;
Accrued Obligation. The Company shall pay to the Executive (or in the event of his death, his legal representative) a lump sum amount in cash equal to the sum of (A) the Executive's Base Salary through the Date of Termination to the extent not theretofore paid; and (B), any accrued vacation pay and any other amounts due the Executive as of the Date of Termination, in each case to the extent not theretofore paid. (The amounts specified in Clauses (A) and (B) shall be hereinafter referred to as the "Accrued Obligation".) The amounts specified in this Section 4(b)(i) shall be paid within ten (10) days after the Date of Termination;
Accrued Obligation. The Company shall pay to the Executive (or in the event of his death, his legal representative) a lump sum amount in cash equal to the sum of (a) the Executive's base salary through the Date of Termination to the extent not theretofore paid; and (b), any accrued vacation pay and any other amounts due the Executive as of the date of Termination, in each case to the extent not theretofore paid.
Time is Money Join Law Insider Premium to draft better contracts faster.