Common use of Company’s Post-Termination Obligations Clause in Contracts

Company’s Post-Termination Obligations. (a) If this Agreement terminates for the reasons set forth in Section 5(a), Section 5(b), Section 5(e) or Section 5(g) above, then the Company will pay Executive (i) all accrued but unpaid wages, based on Executive’s then current Base Salary, through the termination date; and (ii) a payment for all approved, but unreimbursed, business expenses, provided that a request for reimbursement of business expenses is submitted in accordance with the Company’s policies and submitted within five (5) business days of Executive’s termination date. The Company shall have no other obligations to Executive, including under any provision of this Agreement, Company policy, or otherwise; however, Executive shall continue to be bound by Section 8 and all other post-termination obligations to which Executive is subject, including, but not limited to, the obligations contained in this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Education Realty Trust, Inc.), Employment Agreement (Education Realty Trust, Inc.), Employment Agreement (Education Realty Trust, Inc.)

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Company’s Post-Termination Obligations. (a) If this Agreement terminates for the reasons set forth in Section 5(a)) , Section 5(b), Section 5(e) or Section 5(g) above, then the Company will pay Executive (i) all accrued but unpaid wages, based on Executive’s then current Base Salary, through the termination date; and (ii) a payment for all approved, but unreimbursed, business expenses, provided that a request for reimbursement of business expenses is submitted in accordance with the Company’s policies and submitted within five (5) business days of Executive’s termination date. The Company shall have no other obligations to Executive, including under any provision of this Agreement, Company policy, or otherwise; however, Executive shall continue to be bound by Section 8 and all other post-termination obligations to which Executive is subject, including, but not limited to, the obligations contained in this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Education Realty Trust, Inc.), Employment Agreement (Education Realty Trust, Inc.)

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