Other Compensation Matters. As a component of the Manager’s compensation, the Company or any Subsidiary may issue to the Manager or personnel of the Manager stock-based or other equity-based compensation under the Company’s or any such Subsidiary’s equity incentive plan.
Other Compensation Matters. Your base salary as of the effective date of the Merger shall be your minimum base salary throughout the retention period. You shall be eligible for increases in base salary and bonus opportunity percentage on the same basis as the other similarly situated employees of Toshiba.
Other Compensation Matters. Employee acknowledges and agrees that he shall not be entitled to receive from the Corporation, or from Castelle or any other affiliate of the Corporation, any salary, bonus or other compensation or benefit of any nature (whether relating to any period prior to the Closing Date or relating to any period after the Closing Date) except as expressly provided in the Other Agreements or in Sections 1.2, 1.3 and 1.4 above. Employee represents and warrants to the Corporation that he is not aware of any claims or rights against the Corporation arising directly or indirectly from his past employment with the Corporation, and Employee hereby releases and discharges the Corporation and its affiliates from all claims, rights, causes of action, demands and obligations relating to or arising directly or indirectly from his past employment with the Corporation.
Other Compensation Matters. Notwithstanding anything to the contrary contained in this Agreement (including the Release set forth in Section 7 hereof), you hereby acknowledge that, in connection with your Resignation and Retirement when you cease to be an employee of the Company, you will not be entitled to receive from the Company or an affiliate (i) any additional severance pay or benefits except as provided in Section 4.1 and Section 4.2, or (ii) any retiree termination welfare benefits (other than health care continuation coverage that you may be entitled to elect pursuant to Section 4980B of the Code), in each case including, but not limited to any severance pay or benefits pursuant to the Employment Agreement. Your participation in all Company perquisites will cease as of the Retirement Date.
Other Compensation Matters. Notwithstanding anything to the contrary contained in this Agreement (including the Release set forth in Section 6 hereof), you hereby acknowledge that, in connection with your retirement and ceasing to be an employee of the Company, you will not be entitled to receive from the Company or an affiliate (i) any additional severance pay or benefits except as provided in Section 3.1(b), or (ii) any retiree termination welfare benefits (other than health care continuation coverage that you may be entitled to elect pursuant to Section 4980B of the Code and except as provided in Section 3.1(a)), in each case including, but not limited to any severance pay or benefits pursuant to the Employment Agreement. Your participation in all Company perquisites will cease as of the Retirement Date.
Other Compensation Matters. You hereby acknowledge that, in connection with your retirement and ceasing to be an employee of the Company, you shall not be entitled to receive from the Company or an affiliate (i) any severance pay or severance benefits; or (ii) any post-termination welfare benefits (other than health care continuation coverage that you may be entitled to elect pursuant to COBRA, it being agreed that the Company shall not be required to reimburse you for any premium payments in respect of such COBRA coverage). Your participation in all Company perquisites shall cease as of the Retirement Date.
Other Compensation Matters. Following the date of this Agreement and prior to the Closing Date, the Acquiror will utilize the services of an independent compensation consultant to review and make recommendations with respect to post-Closing compensation arrangements, and the Parties will work together to review the Company’s existing compensation arrangements for purposes of developing post-Closing market-based compensation arrangements, including terms and conditions relating to initial awards under the Incentive Equity Plan and customary employment agreements for key employees, taking into account such recommendations.
Other Compensation Matters. 3.3.1 When an employee attends a conference with the approval of the Superintendent, he shall be reimbursed for expenses approved by the Superintendent. He shall suffer no loss in pay while attending the conference.
Other Compensation Matters. Notwithstanding anything to the contrary contained in this Agreement (including the Release set forth in Section 6 hereof), you hereby acknowledge that, in connection with your retirement and ceasing to be an employee of the Company, you shall not be entitled to receive from the Company or an affiliate (i) any severance pay or benefits or (ii) any retiree termination welfare benefits (other than health care continuation coverage that you may be entitled to elect pursuant to Section 4980B of the Code and except as provided in Section 4.5), in each case including, but not limited to any severance pay or benefits pursuant to your employment agreement with the Company, dated December 19, 2008 (the “Employment Agreement”). Your participation in all Company perquisites shall cease as of the Retirement Date. You agree that the Company shall have no obligation to fund or retain funds in any “rabbi trust” with respect to payments and benefits to you.
Other Compensation Matters. The Executive will receive his 2018 bonus on the date that the Company’s other executives receive such bonuses, which shall be no later than March 15, 2019. The Executive shall not be eligible for any incentive compensation in connection with work performed in 2019. For the avoidance of doubt, if the Company terminates the Executive’s employment for Cause (as defined in Section 3(c) of the Employment Agreement) or the Executive resigns for any reason prior to the Anticipated Date of Termination, the Executive will be entitled to the Accrued Obligations set forth in Section 4, shall immediately cease vesting in his outstanding equity awards, and shall have no further rights to any compensation or benefits from the Company.
