Common use of Obligations of the Company Upon Termination Clause in Contracts

Obligations of the Company Upon Termination. Upon a termination of the Executive’s employment for any reason, the Executive shall be paid, in a single lump-sum payment on the date of the Executive’s termination of employment, the aggregate amount of the Executive’s earned but unpaid Base Salary and accrued but unpaid vacation pay through the date of such termination (the “Accrued Obligations”).

Appears in 17 contracts

Samples: Employment Agreement (Aziyo Biologics, Inc.), Employment Agreement (Aziyo Biologics, Inc.), Employment Agreement (Aziyo Biologics, Inc.)

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Obligations of the Company Upon Termination. Upon a termination of the Executive’s employment for any reason, the Executive shall be paid, in a single lump-sum payment on the date of the Executive’s termination of employment, the aggregate amount of the Executive’s earned but unpaid Base Salary and accrued but unpaid vacation pay through the date of such termination (the “Accrued Obligations”).

Appears in 14 contracts

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

Obligations of the Company Upon Termination. Upon a termination of the Executive’s 's employment for any reason, the Executive shall be paid, in a single lump-sum payment on the date of the Executive’s 's termination of employment, the aggregate amount of the Executive’s 's earned but unpaid Base Salary and accrued but unpaid vacation pay through the date of such termination (the "Accrued Obligations").

Appears in 6 contracts

Samples: Employment Agreement (Plymouth Industrial REIT Inc.), Employment Agreement (Plymouth Industrial REIT Inc.), Employment Agreement (Plymouth Industrial REIT Inc.)

Obligations of the Company Upon Termination. Upon a termination of the Executive’s employment for any reason, the Executive shall be paidentitled to receive, in a single lump-sum payment on the date of the Executive’s termination of employmentpayment, (i) the aggregate amount of the Executive’s earned but unpaid Base Salary Salary, (ii) any unpaid Annual Bonus earned by Executive for the year prior to the year in which the Date of Termination occurs, (iii) reimbursement of expenses to which Executive is entitled and accrued but unpaid vacation pay through the date of such termination (iv) any other benefits to which Executive is legally entitled (collectively, the “Accrued Obligations”).

Appears in 6 contracts

Samples: Employment Agreement (Life Time Group Holdings, Inc.), Employment Agreement (Life Time Group Holdings, Inc.), Employment Agreement (Life Time Group Holdings, Inc.)

Obligations of the Company Upon Termination. Upon a termination of the Executive’s employment for any reason, the Executive shall be paid, in a single lump-sum payment on within thirty (30) days after the Date of Termination (or by such earlier date of the Executive’s termination of employmentas may be required by applicable law), the aggregate amount of the Executive’s earned but unpaid Base Salary and accrued but unpaid vacation pay through the date of such termination (the “Accrued Obligations”).

Appears in 5 contracts

Samples: Employment Agreement (Good Works Acquisition Corp.), Employment Agreement (Good Works Acquisition Corp.), Employment Agreement (Good Works Acquisition Corp.)

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Obligations of the Company Upon Termination. Upon a termination of the Executive’s employment for any reason, the Executive shall be paid, in a single lump-sum payment on the date of the Executive’s termination of employment, the aggregate amount of the Executive’s (i) earned but unpaid Base Salary and Salary, (ii) accrued but unpaid vacation pay through the date of such termination, and (iii) any reasonable business expenses incurred by the Executive prior to the date of such termination and reimbursable under Section 2(b)(iv), above (the “Accrued Obligations”).

Appears in 3 contracts

Samples: Employment Agreement (EngageSmart, Inc.), Employment Agreement (EngageSmart, LLC), Employment Agreement (EngageSmart, LLC)

Obligations of the Company Upon Termination. Upon a termination of the Executive’s employment for any reason, the Executive shall be paid, in a single lump-sum payment on the date of the Executive’s termination of employment, the aggregate amount of the Executive’s earned but unpaid Base Salary and accrued but unpaid vacation pay through the date of such termination (the “Accrued Obligations”).the

Appears in 1 contract

Samples: Employment Agreement (Rexford Industrial Realty, Inc.)

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