Unpaid Salary. The Company hereby acknowledges that it owes Meineke ------------- $6,987 for salary earned by Meineke Consulting, LLC, during the year 2002 (the "2002 Salary"), and $38,959 for salary earned by Meineke during the year 2003 (the "2003 Salary"), and $3,750 salary earned by Meineke during 2004 through February 15, 2004. The Company shall pay to Meineke Consulting, LLC the 2002 Salary prior to paying any unpaid wages earned by any employees in the year 2003 and when it pays all other wages remaining unpaid for the year 2002, pro rata and in proportion to all other unpaid wages earned in 2002 and remaining unpaid as of the Effective Date. The Company shall pay to Meineke the 2003 Salary after all wages remaining unpaid for the year 2002 are paid, and when it pays all other wages remaining unpaid for the year 2003, pro rata and in proportion to all other unpaid wages earned in 2003 and remaining unpaid as of the Effective Date.
Unpaid Salary. Within 15 days after the Termination Date, Executive shall receive a lump sum cash payment equal to Executive’s unpaid base salary, if any, earned through the Termination Date.
Unpaid Salary. Unpaid salary to the date of termination, accrued on a daily basis, payable forthwith.
Unpaid Salary. All unpaid and /or deferred base salary less applicable taxes and withholdings as required by law (including accrued vacation) due through the closing date of the Asset Sale will be paid in cash to the Executive on the Resignation Date.
Unpaid Salary. At various times prior to June 6, 2019, the Company did not have sufficient cash resources to make payroll. As a result, the Company did not pay certain salary and other compensation which the Company owed to Xxxxx, which was carried as accrued unpaid salary on the books and records of the Company. In exchange for the covenant of the Company’s lender and shareholder, Xxxxx Xxxxxx, not to file a lawsuit against Xxxxx for fraud, Xxxxx previously agreed via email to waive any and all rights that he had or may have had to receive any compensation with respect to his employment with the Company prior to June 6, 2019. Xxxxx and Xxxxxx desire to formally memorialize their verbal/email agreement, and to expressly acknowledge that this verbal/email agreement includes, but is not limited to, the Employment Agreement and any unpaid salary, bonuses, or other compensation, whether or not it is enumerated in the terminated Employment Agreement, recorded on the books of the Company as accrued unpaid salary, or otherwise.
Unpaid Salary. All unpaid base salary accrued through March 31, 2000.
