Common use of Company Discretion Clause in Contracts

Company Discretion. Whenever a payment under this Agreement specifies a payment period with reference to a number of days (e.g., “payment will be made within 60 days following the date of termination”), the actual date of payment within the specified period will be within the sole discretion of the Company and the number of days referenced will refer to the number of calendar days.

Appears in 16 contracts

Samples: Employment Agreement (Travel & Leisure Co.), Employment Agreement (Travel & Leisure Co.), Employment Agreement (Wyndham Hotels & Resorts, Inc.)

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Company Discretion. Whenever a payment under this Agreement specifies a payment period with reference to a number of days (e.g., “payment will shall be made within 60 thirty (30) days following the date of termination”), the actual date of payment within the specified period will shall be within the Company’s sole discretion and if such payment period spans two calendar years, shall be paid in the portion of the Company and payment period that falls in the number of days referenced will refer to the number of second calendar daysyear.

Appears in 2 contracts

Samples: Employment Agreement (PPD, Inc.), Employment Agreement (PPD, Inc.)

Company Discretion. Whenever a payment under this Agreement specifies a payment period with reference to a number of days (e.g., “payment will be made within 60 days following the date of termination”)days, the actual date of payment within the specified period will will, unless otherwise required by the terms of this Agreement, be within the sole discretion of the Company and the number of days referenced will refer to the number of calendar days.

Appears in 1 contract

Samples: Employment Agreement (Wyndham Hotels & Resorts, Inc.)

Company Discretion. Whenever a payment under this Agreement specifies a payment period with reference to a number of days (e.g., “payment will shall be made within 60 days following the date of termination), the actual date of payment within the specified period will shall be within the sole discretion of the Company and the number of days referenced will shall refer to the number of calendar days.

Appears in 1 contract

Samples: Employment Agreement (Wyndham Worldwide Corp)

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Company Discretion. Whenever a payment under this Agreement specifies a payment period with reference to a number of days (e.g., “payment will shall be made within 60 thirty (30) days following the date of termination”), the actual date of payment within the specified period will shall be within the sole discretion of the Company and the number of days referenced will refer to the number of calendar daysCompany.

Appears in 1 contract

Samples: Employment Agreement (PPD, Inc.)

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