Common use of Compensation Through Termination Date Clause in Contracts

Compensation Through Termination Date. On the Termination Date, the Company shall issue Executive his final paycheck, reflecting (i) his earned but unpaid base salary through the Termination Date, and (ii) all accrued, unused PTO (vacation and sick leave) due Executive through the Termination Date. Subject to Sections 3(b) and (c) below, Executive acknowledges and agrees that with his final check, the payment of any outstanding expense reimbursements, and the payment of any amounts payable under any of the employee benefit plans of the Company in accordance with the terms of such plans, Executive will have received all monies, bonuses, commissions, expense reimbursement, vacation pay, or other compensation he earned or was due during his employment by the Company. Executive acknowledges that he shall not be entitled to receive an annual bonus for 2014.

Appears in 1 contract

Samples: Employment Transition and Consulting Agreement (BioMed Realty L P)

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Compensation Through Termination Date. On the Termination Date, the Company shall issue Executive his final paycheck, reflecting (ia) his earned but unpaid base salary through the Termination DateDecember 31, 2008, and (iib) all accrued, unused PTO (vacation and sick leave) due Executive through the Termination Date. Subject to Sections 3(b), (c) and (cd) below, Executive acknowledges and agrees that with his final check, the payment of any outstanding expense reimbursements, and the payment of any amounts payable under any of the employee benefit plans of the Company in accordance with the terms of such plans, Executive will have received all monies, bonuses, commissions, expense reimbursement, vacation pay, or other compensation he earned or was due during his employment by the Company. Executive acknowledges that he shall not be entitled to receive an annual bonus for 2014.

Appears in 1 contract

Samples: Employment Transition and Consulting Agreement (BioMed Realty Trust Inc)

Compensation Through Termination Date. On the Termination Date, the Company shall issue Executive his final paycheck, reflecting (ia) his earned but unpaid base salary through the Termination DateFebruary 29, 2008, and (iib) all accrued, unused PTO (vacation and sick leave) due Executive through the Termination Date. Subject to Sections 3(b) and (c) below, Executive acknowledges and agrees that with his final check, the payment of any outstanding expense reimbursements, and the payment of any amounts payable under any of the employee benefit plans of the Company in accordance with the terms of such plans, Executive will have received all monies, bonuses, commissions, expense reimbursement, vacation pay, or other compensation he earned or was due during his employment by the Company. Executive acknowledges that he shall not be entitled to receive an annual bonus for 2014.

Appears in 1 contract

Samples: Employment Transition and Consulting Agreement (Basin Water, Inc.)

Compensation Through Termination Date. On the Termination Date, the Company shall issue Executive his final paycheck, reflecting (i) his earned but unpaid base salary through the Termination DateJune 30, 2017, and (ii) all accrued, unused PTO (vacation and sick leave) due Executive through the Termination Date. Subject to Sections 3(b) and (cSection 2(b) below, Executive acknowledges and agrees that with his final check, the payment of any outstanding expense reimbursements, and the payment of any amounts payable under any of the employee benefit plans of the Company in accordance with the terms of such plans, Executive will have received all monies, bonuses, commissions, expense reimbursement, vacation pay, or other compensation he earned or was due during his employment by the Company. Executive acknowledges that he shall not be entitled to receive an annual bonus for 2014.

Appears in 1 contract

Samples: Employment Transition Agreement (Innovative Industrial Properties Inc)

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Compensation Through Termination Date. On the Termination Date, the Company shall issue Executive his her final paycheck, reflecting (i) his her earned but unpaid base salary through the Termination DateMarch 31, 2008, and (ii) all accrued, unused PTO (vacation and sick leave) due Executive through the Termination Date. Subject to Sections 3(b2(b) and (c) below, Executive acknowledges and agrees that with his her final check, the payment of any outstanding expense reimbursements, and the payment of any amounts payable under any of the employee benefit plans of the Company in accordance with the terms of such plans, Executive will have received all monies, bonuses, commissions, expense reimbursement, vacation pay, or other compensation he she earned or was due during his her employment by the Company. Executive acknowledges that he shall not be entitled to receive an annual bonus for 2014.

Appears in 1 contract

Samples: Separation Agreement (Ligand Pharmaceuticals Inc)

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