Earned Salary Clause Samples
The Earned Salary clause defines the employee's right to receive payment for all salary accrued up to a specific date, typically the termination or resignation date. In practice, this means that if an employment relationship ends, the employer must compensate the employee for all work performed up to that point, including any partial pay periods. This clause ensures that employees are fairly compensated for their labor and prevents disputes over unpaid wages when employment ends.
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Earned Salary. Any Base Salary earned, but unpaid, including without limitation accrued but unused and unpaid vacation, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Paragraph 5(a) (but excluding any salary and interest accrued thereon payment of which has been deferred, which shall be paid as provided under the applicable plan) shall be paid within 30 days following the termination of Executive’s employment hereunder (or such date or earlier dates upon which payment of any part or whole of the foregoing is required under applicable law).
Earned Salary. Upon termination of Employee’s employment for any reason, Employee shall be entitled to the following (collectively, the “Accrued But Unpaid Compensation”);
(i) Any Base Salary earned, but unpaid, prior to such termination;
(ii) Reimbursement for any unreimbursed business expenses properly incurred by Employee in accordance with Section 4(e) hereof prior to the date of termination, so long as claims for such reimbursement (accompanied by appropriate receipts and other supporting documentation) are submitted to the Company within 45 days following the date of termination; and
(iii) Such employee benefits, if any, as to which Employee may be entitled under the terms and conditions of the Company’s retirement plans or other employee benefit plans as of such termination. No other compensation or benefits will be due or payable to Employee upon or after any termination expiration of this Agreement, except as expressly provided otherwise in Section 4(b) and in subsection (b) of this Section 7 or as required by law.
Earned Salary. The Company shall pay Executive any Base Salary earned through the date of termination of employment with the Company and a lump sum payment for any accrued and earned, but unused, vacation; provided, however, that if the Executive’s date of termination occurs after the end of the Company’s fiscal year, but before payment of any applicable Annual Bonus actually earned by the Executive for such completed fiscal year, then the Company also shall pay such earned Annual Bonus in accordance with Section 6(e)(iii).
Earned Salary. Upon termination of your employment for any reason, you shall be entitled to the following (collectively, the “Accrued But Unpaid Compensation”);
(i) Any base salary earned, but unpaid, prior to such termination;
(ii) Reimbursement for any unreimbursed business expenses properly incurred by Employee in accordance with Section 6 hereof prior to the date of termination, so long as claims for such reimbursement (accompanied by appropriate receipts and other supporting documentation) are submitted to the Company within forty-five (45) days following the date of termination; and
(iii) Such employee benefits, if any, as to which you may be entitled under the terms and conditions of the Company’s retirement plans or other employee benefit plans as of such termination. No other compensation or benefits will be due or payable to you upon or after any termination expiration of this Agreement, except as expressly provided otherwise in subsection (b) below or as required by law.
Earned Salary. Earned Salary and all accrued but unused paid time off shall be paid within 14 days after the effective date of termination. Vested Benefits shall be payable in accordance with the terms of the plan, policy, practice, program, contract or agreement under which such benefits have accrued.
Earned Salary. EMPLOYEE acknowledges and agrees that he has been paid in full for all work performed for THE COMPANY, and is entitled to no further payments or bonuses from THE COMPANY whatsoever for services rendered or any other reason, except as set forth herein.
Earned Salary any Base Salary earned, but unpaid, for services rendered to the Company or any of its subsidiaries on or prior to the date on which the Employment Period ends pursuant to Section 6(a) (other than Base Salary deferred pursuant to Executive’s election, as provided in Section 3(a)).
Earned Salary