Common use of Accrued Vacation Clause in Contracts

Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s termination of employment becomes effective. Payment for accrued but unused vacation will be payable in one lump sum on the effective date of the termination of employment (or as soon thereafter as practicable).

Appears in 4 contracts

Samples: Change in Control Agreement (First Niagara Financial Group Inc), Change in Control Agreement (First Niagara Financial Group Inc), Control Agreement (First Niagara Financial Group Inc)

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Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s termination of employment becomes effective. Payment for accrued but unused vacation will be payable paid in one lump sum on within 30 days following the effective date of the termination Executive’s Termination of employment (or as soon thereafter as practicable)Employment.

Appears in 4 contracts

Samples: Employment Agreement (Computer Task Group Inc), Employment Agreement (Computer Task Group Inc), Employment Agreement (Computer Task Group Inc)

Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s 's termination of employment becomes effective. Payment for accrued but unused vacation will be payable in one lump sum on the effective date of the termination of employment (or as soon thereafter as practicable).

Appears in 3 contracts

Samples: Transition and Retirement Agreement (Idex Corp /De/), Transition and Retirement Agreement (Idex Corp /De/), Employment Agreement (Idex Corp /De/)

Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s 's termination of employment becomes effective. Payment for accrued but unused vacation will be payable in one lump sum on the effective date of the termination of employment (or as soon thereafter as practicable)employment.

Appears in 3 contracts

Samples: Employment Agreement (Idex Corp /De/), Employment Agreement (First Niagara Financial Group Inc), Employment Agreement (First Niagara Financial Group Inc)

Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s termination of employment becomes effective. Payment for accrued but unused vacation will be payable in one lump sum on within 30 days after the effective date of the termination of employment (or as soon thereafter as practicable)employment.

Appears in 2 contracts

Samples: Change in Control Agreement (First Niagara Financial Group Inc), Change in Control Agreement (First Niagara Financial Group Inc)

Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s 's termination of employment becomes effective. Payment for accrued but unused vacation will be payable paid in one lump sum on within 30 days following the effective date of the termination Executive’s Termination of employment (or as soon thereafter as practicable)Employment.

Appears in 2 contracts

Samples: Employment Agreement (Computer Task Group Inc), Employment Agreement (Computer Task Group Inc)

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Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably Computer Task Group, Incorporated Restated Employment Agreement with Xxxxx X. Xxxxx prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s termination of employment becomes effective. Payment for accrued but unused vacation will be payable paid in one lump sum on within 30 days following the effective date of the termination Executive’s Termination of employment (or as soon thereafter as practicable)Employment.

Appears in 1 contract

Samples: Employment Agreement (Computer Task Group Inc)

Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s 's termination of employment becomes effective. Payment for accrued but unused vacation will be payable in one lump sum on within 30 days after the effective date of the termination of employment (or as soon thereafter as practicable)employment.

Appears in 1 contract

Samples: Change in Control Agreement (First Niagara Financial Group Inc)

Accrued Vacation. The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s 's termination of employment becomes effective. Payment for accrued but unused vacation will be payable in one lump sum on in the effective next payroll period following the date of the termination of employment (or as soon thereafter as practicable)employment.

Appears in 1 contract

Samples: Employment Agreement (Computer Task Group Inc)

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