Common use of Payment of Salary Clause in Contracts

Payment of Salary. Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation/paid time off, housing allowances, relocation costs, interest, severance, outplacement costs, fees, stock, stock options, vesting, commissions and any and all other benefits and compensation due to Employee, provided that the foregoing shall not relieve the Company of its obligation to pay Employee’s earned and unpaid salary through the Separation Date. Such amounts are not consideration for this Agreement.

Appears in 4 contracts

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

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Payment of Salary. Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation/, paid time off, housing allowances, relocation costs, interest, severance, outplacement costs, fees, stock, stock options, vestingoutplacement costs, fees, commissions and any and all other benefits and compensation due required to Employee, provided that be paid to Employee on or prior to the foregoing shall not relieve the Company of its obligation to pay Employee’s earned and unpaid salary through the Separation Date. Such amounts are not consideration for this Agreementdate hereof.

Appears in 2 contracts

Samples: Retention Agreement (Polycom Inc), Supplemental Release (Polycom Inc)

Payment of Salary. Employee acknowledges and represents that that, other than the consideration set forth in this Agreement, the Company has paid or provided all salary, wages, bonuses, accrued vacation/paid time off, housing allowances, relocation costs, interest, severance, outplacement costs, fees, reimbursable expenses, commissions, stock, stock options, vesting, commissions and any and all other benefits and compensation due to Employee, provided that the foregoing shall not relieve the Company of its obligation to pay Employee’s earned and unpaid salary through the Separation Date. Such amounts are not consideration for this Agreement.

Appears in 2 contracts

Samples: Separation Agreement and Release (Nanometrics Inc), Separation Agreement and Release (Applied Materials Inc /De)

Payment of Salary. Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation/, paid time off, housing allowances, relocation costs, interest, severance, outplacement costs, fees, stock, stock options, vestingoutplacement costs, fees, commissions and any and all other benefits and compensation due to Employee, provided that Employee as of the foregoing shall not relieve the Company of its obligation to pay Employee’s earned and unpaid salary through the Separation Effective Date. Such amounts are not consideration for this Agreement.

Appears in 2 contracts

Samples: Transition Agreement (Polycom Inc), Transition and Separation Agreement (Polycom Inc)

Payment of Salary. Employee acknowledges and represents that the Company has paid or provided all salary, wages, bonuses, accrued vacation/paid time off, housing allowances, relocation costs, interest, severance, outplacement costs, fees, reimbursable expenses, commissions, stock, stock options, vesting, commissions and any and all other benefits and compensation due to Employee, provided that the foregoing shall not relieve the Company of its obligation to pay Employee’s earned and unpaid salary through the Separation Date. Such amounts are not consideration for this Agreement.

Appears in 1 contract

Samples: Separation Agreement and Release (Applied Materials Inc /De)

Payment of Salary. Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation/vacation pay and/or paid time off, housing allowances, relocation costs, interest, severance, outplacement costs, fees, stock, stock options, vesting, commissions and any and all other benefits and compensation due to Employee, provided that the foregoing shall not relieve the Company of its obligation to pay Employee’s earned and unpaid salary Employee through the Separation Termination Date. Such This acknowledgment and representation does not apply to amounts that are not consideration for this Agreementreferenced in paragraphs 1.a. and 1.b. above.

Appears in 1 contract

Samples: Separation Agreement and Release (SolarWinds, Inc.)

Payment of Salary. Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation/, paid time off, housing allowances, relocation costs, interest, severance, outplacement costs, fees, stock, stock options, vestingoutplacement costs, fees, commissions and any and all other benefits and compensation due required to Employee, provided that be paid to Employee on or prior to the foregoing shall not relieve the Company date of its obligation to pay Employee’s earned and unpaid salary through the Separation Date. Such amounts are not consideration for execution of this Agreement.

Appears in 1 contract

Samples: Retention Agreement (Polycom Inc)

Payment of Salary. Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation/vacation or other paid time off, housing allowances, relocation costscommissions, interest, severance, outplacement costs, fees, stock, stock options, vesting, commissions and any and all other benefits and compensation due to Employee, provided . Employee acknowledges and represents that the foregoing shall not relieve Company will have paid all severance pay and benefits due Employee once the Company of its obligation benefits outlined in paragraphs 1(a), 1(b) and 1(c) have been provided to pay Employee’s earned and unpaid salary through the Separation Date. Such amounts are not consideration for this Agreement.

Appears in 1 contract

Samples: Separation Agreement and Release (Hytek Microsystems Inc)

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Payment of Salary. Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation/, paid time off, housing allowances, relocation costs, interest, severance, outplacement costs, fees, stock, stock options, vestingoutplacement costs, fees, commissions and any and all other benefits and compensation due to Employee, provided that the foregoing shall not relieve the Company of its obligation to pay Employee’s earned and unpaid salary through the Separation Date. Such amounts are not consideration for other than those obligations as set forth under this Supplemental Agreement.

Appears in 1 contract

Samples: Transition Agreement (Polycom Inc)

Payment of Salary. Employee acknowledges and represents that the Company has paid or provided her with all salary, wages, bonuses, accrued vacation/paid time off, housing allowances, relocation costs, interest, severance, outplacement costs, fees, stock, stock options, vesting, commissions commissions, and any and all other benefits and compensation due to Employee, provided that the foregoing shall not relieve the Company of its obligation to pay Employee’s earned and unpaid salary through the Separation Date. Such amounts are not consideration for this Agreement.

Appears in 1 contract

Samples: Separation Agreement and Release (Applied Materials Inc /De)

Payment of Salary. Employee acknowledges and represents that that, other than the consideration set forth in this Agreement, the Company has paid or provided all salary, wages, bonuses, accrued vacation/paid time offPTO, housing allowances, relocation costs, interest, severance, outplacement costs, fees, reimbursable expenses, commissions, stock, stock options, vesting, commissions and any and all other benefits and compensation due to Employee, provided that the foregoing shall not relieve the Company of its obligation to pay Employee’s earned and unpaid salary through the Separation Date. Such amounts are not consideration for this Agreement.

Appears in 1 contract

Samples: Retirement Agreement and Release (Applied Materials Inc /De)

Payment of Salary. With the exception of the consideration under this Agreement, Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation/paid time off, housing allowances, relocation costs, interest, severance, outplacement costs, fees, stock, stock options, vestingoutplacement costs, fees, commissions and any and all other benefits and compensation due to Employee, provided that Employee as of the foregoing shall not relieve the Company of its obligation to pay Employee’s earned and unpaid salary through the Separation Termination Date. Such amounts are not consideration for this Agreement.

Appears in 1 contract

Samples: Agreement and Release (Infinera Corp)

Payment of Salary. Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation/paid time off, housing allowances, relocation costs, interest, severance, outplacement costs, fees, stock, stock options, vesting, vesting commissions and any and all other benefits and compensation due to Employee, provided that Employee once the foregoing shall not relieve the Company of its obligation to pay Employee’s earned payments and unpaid salary through the Separation Date. Such amounts are not consideration for this Agreementbenefits in Section 1 have been made.

Appears in 1 contract

Samples: Severance Agreement and Release (Xenogen Corp)

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