Accrued Vacation and Sick Pay. The Executive shall be entitled to receive, in accordance with the Bank's standard employment policies in effect as of the date of this Agreement (or such more favorable policies as exist on the date of such termination), payment for all accrued and unpaid vacation and sick days.
Accrued Vacation and Sick Pay. Evidence satisfactory to Purchaser that all vacation and sick pay and other employee benefits ("Benefits") for non-contract employees or "at will" employees, which Seller employed and are entitled to Benefits as a result of services provided to Seller for the period ending on December 31, 1998, have been paid or otherwise satisfied in full. Rest of Page Intentionally Left Blank
Accrued Vacation and Sick Pay. On the Actual Retirement Date, Xxxxxxxxx will receive payment for all accrued but unused vacation and sick leave pay as of the Actual Retirement Date, all in accordance with applicable Village policies.
Accrued Vacation and Sick Pay. The Company shall compensate the current employees of the Company for all accrued vacation time, sick pay and maternity leave (if applicable), and any bonuses due such employees through the date of Closing. For purposes of this Section 1.3(a), bonuses shall include any Christmas, year-end or similar bonuses that the Company customarily has paid to such employees.
Accrued Vacation and Sick Pay. On the Effective Date of Retirement, Employer will pay Executive for his accrued but unused vacation and sick days.
Accrued Vacation and Sick Pay. Section 7.5(b) of the Master Agreement is hereby amended and restated in its entirety and superceded and replaced as follows: “ASOT shall assume R&B’s obligation to pay each Hired Employee the accrued vacation and sick pay (“Accrued Vacation and Sick Pay Obligations”) and/or accrued bonus to which such Hired Employee was entitled as of the Closing in accordance with
Accrued Vacation and Sick Pay. At the Closing, the Sellers shall provide a schedule to the Buyer which schedule is discussed further in Article V, detailing the accrued vacation and sick pay owed to each of the Sellers' employees up to the Closing Date and Sellers shall cause a reduction in the Purchase Price set forth in Section 1.06(a)(iii) by the amount of such accrued vacation and sick pay for those individuals actually hired by Buyer.
Accrued Vacation and Sick Pay. Sellers shall retain any ----------------------------- obligation for accrued and unused vacation time or sick leave to which Sellers' employees who do not become Transferred Employees have become entitled up to the Closing Date. Buyer shall assume responsibility for any accrued and unused vacation time or sick leave which shall become due and payable to Transferred Employees as of the Closing Date to the extent reflected as a liability in the determination of Net Working Capital;
Accrued Vacation and Sick Pay. Seller shall pay any accrued vacation and sick pay owing to employees of the Hotel as of the Closing Date.
Accrued Vacation and Sick Pay. On the Actual Retirement Date, Nahrstadt will receive payment for all accrued but unused vacation and sick leave pay as of the Actual Retirement Date, all in accordance with applicable Village policies.
