Common use of Payment of Salary Clause in Contracts

Payment of Salary. Executive acknowledges and represents that the ----------------- Company has paid all salary, wages, accrued vacation and any and all other benefits due to Executive as of the Employment Termination Date.

Appears in 3 contracts

Samples: Executive Retention Agreement (Telcom Semiconductor Inc), Executive Retention Agreement (Telcom Semiconductor Inc), Executive Retention Agreement (Telcom Semiconductor Inc)

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Payment of Salary. Executive acknowledges and represents that the ----------------- The Company has paid will pay all salary, wages, bonuses, accrued vacation vacation, commissions and any and all other benefits due to Executive (the “Payments Due”) as of the Employment Termination Date on the Termination Date. Once Executive receives the Payments Due, Executive agrees to execute a statement that indicates Executive acknowledges receipt of the Payments Due.

Appears in 2 contracts

Samples: Sweeney Severance Agreement (Quovadx Inc), Scherping Severance Agreement (Quovadx Inc)

Payment of Salary. Executive acknowledges and represents that that, upon full performance of its obligations under this Agreement, the ----------------- Company has will have paid or made all salary, wagesbonuses, accrued vacation severance amounts and any and all other compensation or benefits due to Executive as of the Employment Termination DateEffective Date as in connection with the termination of his employment with the Company.

Appears in 2 contracts

Samples: Separation Agreement and Mutual Release (Siliconix Inc), Separation Agreement and Mutual Release (Siliconix Inc)

Payment of Salary. Executive acknowledges and represents that the ----------------- Company has paid all salary, wages, accrued vacation and any and all other benefits due to Executive as of the Employment Termination Date.

Appears in 2 contracts

Samples: Portal Software (Portal Software Inc), Severance Agreement and Release (Avanex Corp)

Payment of Salary. Executive acknowledges and represents that the ----------------- Company has paid all salary, wages, bonuses, accrued vacation and any and all other benefits due to Executive as of the Employment Termination Separation Date, once the payments in Section 2 above have been made.

Appears in 1 contract

Samples: Separation Agreement and Release (Informatica Corp)

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Payment of Salary. Executive acknowledges and represents that the ----------------- Company has paid all salary, wages, accrued vacation vacation, commissions and any and all other benefits due to Executive as of Executive, prior to the Termination Date except for monthly payments, if any, set forth in the Employment Termination DateAgreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (NCT Group Inc)

Payment of Salary. Executive acknowledges and represents that the ----------------- Company has paid all salary, wages, bonuses, accrued vacation vacation, commissions and any and all other benefits due to Executive as of the Employment Resignation Date and Termination Date, as the case may be, other than benefits that remain outstanding pursuant to the Employment Agreement or the Company’s employee benefit plans.

Appears in 1 contract

Samples: Transition and Separation Agreement (Autodesk Inc)

Payment of Salary. Executive acknowledges and represents that the ----------------- Company has paid all salary, wages, bonuses, accrued vacation vacation, commissions and any and all other benefits due to Executive as of the Employment Termination Date, other than benefits that remain outstanding pursuant to the Employment Agreement or the Company's employee benefit plans.

Appears in 1 contract

Samples: Release of Claims Agreement (Xilinx Inc)

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