Common use of Accrued Salary Clause in Contracts

Accrued Salary. The Company shall pay you, not later than the fifth day following the Date of Termination, your base salary and vacation pay accrued through the Date of Termination (including any banked vacation and any vested vacation for the calendar year in which the Date of Termination occurs) at the rate in effect at the time the Notice of Termination is given (or at the rate in effect immediately prior to a Change in Control of the Corporation, if such rate was higher).

Appears in 8 contracts

Samples: Severance Compensation Agreement (Graftech International LTD), Severance Compensation Agreement (Graftech International LTD), Severance Compensation Agreement (Graftech International LTD)

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Accrued Salary. The Company shall pay you, not later than the fifth day following the Date of Termination, your full base salary and vacation pay accrued through the Date of Termination (including any banked vacation and any vested vacation for the calendar year in which the Date of Termination occurs) at the rate in effect at the time the Notice of Termination is given (or at the rate in effect immediately prior to a Change in Control of the CorporationControl, if such rate was amounts were higher).

Appears in 1 contract

Samples: Praxair Inc

Accrued Salary. The Company Corporation shall pay you, not later than the fifth (5th) day following the Date of Termination, your full base salary and vacation pay accrued through the Date of Termination (including any banked vacation and any vested vacation for the calendar year in which the Date of Termination occurs) at the rate in effect at the time the Notice of Termination is given (or at the rate in effect immediately prior to a Change in Control of the CorporationControl, if such rate was amounts were higher).

Appears in 1 contract

Samples: Albemarle Corp

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Accrued Salary. The Company shall pay you, not later than the fifth (5th) day following the Date of Termination, your full base salary and vacation pay accrued through the Date of Termination (including any banked vacation and any vested vacation for the calendar year in which the Date of Termination occurs) at the rate in effect at the time the Notice of Termination is given (or at the rate in effect immediately prior to a Change in Control of the CorporationControl, if such rate was amounts were higher).

Appears in 1 contract

Samples: Board of Directors (Praxair Inc)

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