Remaining Salary Clause Samples
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Remaining Salary. As further noted in paragraph 2 of the Consulting Agreement, the Company shall pay Executive a lump sum amount equal to the Consulting Amount as compensation for consulting services under the Consulting Agreement. If the Scheduled Expiration Date is later than the end of the Consulting Agreement Period, the Company shall also pay Executive the Severance Amount. The Consulting Amount and the Severance Amount shall be paid on the date that is six months and one day after the Termination Date (or upon Executive’s death, if earlier).
Remaining Salary. The Company shall pay Executive a lump sum amount equal to the remaining salary under this Agreement within thirty (30) days from the Termination Date.
Remaining Salary. P▇▇▇ ▇▇▇▇▇ agrees to apply the remaining salary due to him pursuant to the Employment Agreement, as prorated from the Closing Date to the expiration date of the Employment Agreement (January 31, 2021), to the purchase of PVBJ by B▇▇▇▇ LLC as additional consideration thereof. The Company shall not have any further salary obligation to P▇▇▇ ▇▇▇▇▇ beyond the Closing Date. P▇▇▇ ▇▇▇▇▇ shall be deemed to have resigned as an executive officer of the Company on the Closing Date.
Remaining Salary. The Company shall pay Executive a lump sum amount equal to the Severance Amount. The Severance Amount shall be paid on the date that is six months and one day after the Termination Date (or upon Executive’s death, if earlier).