Common use of For Any Reason Clause in Contracts

For Any Reason. Upon termination of this Agreement for any reason, the Company's obligations to Executive under this Agreement shall include (a) the prorated payment of Executive's salary through the date of termination to the extent not paid by then; (b) the payment of earned and accrued bonus or incentive payments due Executive, if any, at the time of termination under any bonus or incentive plans in which Executive participated prior to termination; (c) the payment of any unused accrued vacation through the date of termination; and (d) the payment of any reimbursable business expenses that were documented by Executive prior to termination in accordance with the Company's policies as set forth in paragraph 3.g. of this Agreement and that were not reimbursed by the Company at the time of the termination of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Flint Telecom Group Inc.), Employment Agreement (Flint Telecom Group Inc.), Employment Agreement (Semotus Solutions Inc)

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For Any Reason. Upon termination of this Agreement for any reason, the Company's obligations to Executive under this Agreement shall include (a) the prorated payment of Executive's salary through the date of termination to the extent not paid by then; (b) the payment of earned and accrued bonus or incentive payments due Executive, if any, at the time of termination under any bonus or incentive plans in which Executive participated prior to termination; (c) the payment of any unused accrued vacation through the date of termination; and (d) the payment of any reimbursable business expenses that were documented by Executive prior to termination in accordance with the Company's policies as set forth in paragraph 3.g2.e. of this Agreement and that were not reimbursed by the Company at the time of the termination of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Alternus Energy Inc.), Employment Agreement (Alternus Energy Inc.)

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