Acknowledgment of Full Compensation. The Executive acknowledges and agrees that he received from the Company and the Bank all wages, fringe benefits (including without limitation by enumeration vacation pay, insurance benefits, retirement and pension benefits, stock options, severance pay, bonus payments, and expense reimbursement) and all other compensation owed by the Company and the Bank to the Executive through and including the date of this Agreement. The Executive further confirms that he is not entitled to any further compensation arising out of his employment.
Acknowledgment of Full Compensation. Employee acknowledges and agrees that, with the payment by the Company to Employee of $31,548.55 (gross), an amount representing Employee’s unused days of vacation and all outstanding wages earned through and including the Resignation Date, all less ordinary tax withholding and all required deductions, which payment shall be made no later than April 20, 2018, Employee will have received from the Company all salary, fringe benefits (including without limitation by enumeration vacation pay, bonuses, and retirement plan contributions) and all other compensation and benefits owed by the Company to Employee through and including the Resignation Date, except for reimbursement for outstanding business-related expenses Employee incurred on behalf of the Company, which shall be handled and reimbursed in accordance with the Company’s expense reimbursement practices.
Acknowledgment of Full Compensation. Employee acknowledges and agrees that Employee has received from the Company and its related entities all salary, fringe benefits (including without limitation by enumeration vacation pay, expense reimbursement, and retirement plan contributions) and all other compensation and benefits owed by the Company to Employee through and including September 30, 2015.
Acknowledgment of Full Compensation. Employee acknowledges and agrees that, with the payment by the Company to Employee on August 1, 2002 of $19,230.77, less ordinary tax withholding and all required deductions, an amount representing four weeks of accrued vacation, Employee will have received all the vacation pay owed by the Company to Employee through and including July 29, 2002. Employee further acknowledges and agrees that he has received from the Company all salary and wages, fringe benefits (including without limitation by enumeration bonuses and 401(k) plan contributions) and all other compensation owed by the Company to Employee through and including July 29, 2002, and that he is not entitled to any other compensation or payment from the Company arising out of Employee's employment with the Company or pursuant to the terms of either the Employment Agreement or the Change of Control Agreement.
Acknowledgment of Full Compensation. Employee acknowledges and agrees that, with the payment by the Company to Employee on December 1, 2002 of $4,644.23, less ordinary tax withholding and all required deductions, an amount representing seven days of accrued vacation, Employee will have received all the vacation pay owed by the Company to Employee through and including November 22, 2002. Employee further acknowledges and agrees that he has received from the Company all salary and wages, fringe benefits (including without limitation by enumeration bonuses and 401(k) plan contributions) and all other compensation owed by the Company to Employee through and including November 22, 2002, except for the one-week period ending November 22, 2002, which shall be paid on or before November 29, 2002, and that he is not entitled to any other compensation or payment from the Company arising out of Employee's employment with the Company or pursuant to the terms of either the Employment Agreement or the Change of Control Agreement, except for such vacation pay and such one-week pay.
Acknowledgment of Full Compensation. Xxxxxxxx acknowledges that Bank Mutual has no prior obligation to pay Xxxxxxxx any form of severance pay and that no amounts are due and owing from Bank Mutual to Xxxxxxxx, other than those due under the Employment Agreement through the Effective Date or those agreed to pursuant to this Agreement.
Acknowledgment of Full Compensation. The Company shall also pay Xxx an amount equivalent to his 2005 bonuses under the RC2 Corporation Incentive Bonus Plan and RC2 Corporation Top Management Additional Bonus Plan (the "Bonus Plans"), calculated in a manner consistent with that used by the Company in calculating the 2005 bonuses for other participants in the Bonus Plans, and subject to all ordinary tax withholding and required deductions. To the extent that Xxx is eligible to receive such bonuses, Xxx shall receive such amount in or about March 2006, or at such other time as the Company pays bonuses to other eligible employees under the Bonus Plans. Xxx acknowledges and agrees that the 2005 bonuses under the Bonus Plans, as described above, are the only bonuses to which he may be entitled from the Company and that, with the payment of the 2005 bonuses under the Bonus Plans to which he may be entitled, if any, he will have received all of the bonus compensation from the Company to which he may be entitled and shall not be entitled to any further bonus payments from the Company. Xxx further acknowledges and agrees that he will continue to participate in the Company's health insurance, retirement benefit, and life insurance plans through March 31, 2006, and deductions for these benefits will be taken from any remaining salary or severance payments due to Xxx from the Company. Xxx will also continue to have access to the Company plane in accordance with Company policy through March 31, 2006. Xxx acknowledges and agrees that with the exception of any 2005 bonuses to which he may be entitled as described above, any health insurance plan benefits, retirement plan benefits, and life insurance plan benefits to which he may be entitled as described above, as well as his continued access to the company plane through March 31, 2006, Xxx has received all salary, fringe benefits (including without limitation by enumeration vacation pay, deferred pay, profit sharing, 401(k) plan contributions and expense reimbursement) and all other compensation and benefits owed by the Company to Xxx through and including the Separation Date, and that Xxx is not entitled to any additional or future compensation arising out of his employment with the Company or pursuant to the terms of the Employment Agreement.
Acknowledgment of Full Compensation. Mx. Xxxxx acknowledges and agrees that he received from Capital Corp. and Capital Bank all wages, fringe benefits (including without limitation by enumeration vacation pay, insurance benefits, retirement and pension benefits, stock options, severance pay, bonus payments, and expense reimbursement) and all other compensation owed by Capital Corp. and Capital Bank to Mx. Xxxxx through and including the date of this Release. Mx. Xxxxx further confirms that he is not entitled to any further compensation arising out of his employment.
