Common use of Separation Date and Final Paycheck Clause in Contracts

Separation Date and Final Paycheck. The Executive’s employment with Intelsat will terminate effective June 5, 2008 (the “Separation Date”). The Executive will receive normal compensation up to and including the Separation Date, as well as a lump sum payment in the amount of $18,638.29, representing his accrued vacation as determined by Intelsat and agreed by the Executive, less all required tax withholdings and other authorized deductions.

Appears in 1 contract

Samples: Separation Agreement and Release (Intelsat LTD)

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Separation Date and Final Paycheck. The Executive’s employment with Intelsat will terminate effective June 5terminated as of November 19, 2008 2010 (the “Separation Date”). The Executive will receive received normal compensation up to and including the Separation Datethat date, as well as including a lump sum payment for all earned but unused vacation in the amount accordance with Company policy and reimbursement of $18,638.29, representing his accrued vacation as determined by Intelsat and agreed by the Executiveall approved business expenses, less all required tax withholdings and other authorized deductions.

Appears in 1 contract

Samples: Separation Agreement and Release (Intelsat S.A.)

Separation Date and Final Paycheck. The Executive’s employment with Intelsat will terminate effective June 5February 9, 2008 2006 (the “Separation Date”). The Executive will receive normal compensation up to and including the Separation Date, as well as a lump sum payment in the amount of $18,638.29, representing his 115,382.24 for sixty (60) days of accrued vacation as determined by Intelsat and agreed by the Executivevacation, less all required tax withholdings and other authorized deductions.

Appears in 1 contract

Samples: Separation Agreement and Release (Intelsat UK Financial Services Ltd.)

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Separation Date and Final Paycheck. The Executive’s employment with Intelsat will terminate effective June 5January 27, 2008 2006 (the “Separation Date”). The Executive will receive normal compensation up to and including the Separation Date, as well as a lump sum payment in the amount of $18,638.29, representing his 46,152 for thirty (30) days of accrued vacation as determined by Intelsat and agreed by the Executivevacation, less all required tax withholdings and other authorized deductions.

Appears in 1 contract

Samples: Separation Agreement and Release (Intelsat LTD)

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