Common use of Payment of Accrued Compensation Clause in Contracts

Payment of Accrued Compensation. (1) Upon termination of this Agreement pursuant to preceding subsection (a), you (or your estate or heirs, as the case may be) will be entitled to receive all Base Salary, Incentive Compensation, expense reimbursements, vacation pay, and similar amounts accrued and unpaid as of the date of such termination. The obligations of Xxxxxx Mac under this subsection (b) will survive any termination of this Agreement.

Appears in 5 contracts

Samples: Employment Contract (Federal Agricultural Mortgage Corp), Employment Contract (Federal Agricultural Mortgage Corp), Employment Contract (Federal Agricultural Mortgage Corp)

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Payment of Accrued Compensation. (1) Upon termination of this Agreement pursuant to preceding subsection (a), you (or your estate or heirs, as the case may be) will be entitled to receive all Base Salary, Incentive Compensation, expense reimbursements, vacation pay, and similar amounts accrued and unpaid as of the date of such termination. The obligations of Xxxxxx Farmer Mac under this subsection (b) will survive any termination txxxxxxtion of this Agreement.

Appears in 1 contract

Samples: Employment Contract (Federal Agricultural Mortgage Corp)

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