Common use of Accrued Amounts Clause in Contracts

Accrued Amounts. In the event of a termination of the Executive’s employment for any reason, the Executive shall be entitled to: (i) any Base Salary earned but unpaid through the date of termination; and (ii) the Executive’s accrued and unused vacation and unreimbursed business expenses (for which the Executive is entitled to reimbursement under this Agreement), in each case, as of the date of such termination (collectively, the “Accrued Amounts”). The Accrued Amounts will be paid within sixty (60) days following termination of employment.

Appears in 5 contracts

Sources: Employment Agreement (Installed Building Products, Inc.), Employment Agreement (Installed Building Products, Inc.), Employment Agreement (Installed Building Products, Inc.)

Accrued Amounts. In the event of a any termination of the Executive’s employment for any reason, as of the Termination Date, the Executive shall be entitled to: (i) any Base Salary base salary earned but unpaid not paid through the date of such termination, paid on the next regularly scheduled payroll date following such termination; (ii) any unreimbursed business expenses reimbursable; and (iiiii) all other benefits, if any, due to the Executive’s accrued and unused vacation and unreimbursed business expenses (for which the Executive is entitled to reimbursement under this Agreement), in each case, as determined in accordance with the plans, policies and practices of the date of such termination (collectivelyCompany, the “Accrued Amounts”). The Accrued Amounts will be paid within sixty (60) days following termination of employmentEmployer and applicable law.

Appears in 1 contract

Sources: Change in Control and Severance Agreement (CrowdStrike Holdings, Inc.)

Accrued Amounts. In the event of a Upon any termination of the Executive’s employment for any reason, the Executive shall be entitled towill receive: (i) any Executive’s accrued Base Salary earned but unpaid through the effective date of the Executive’s termination; and , (ii) the Executive’s accrued payment in lieu of any earned, but unused, vacation, and unused vacation and unreimbursed business expenses (for which the Executive is entitled to iii) reimbursement under this Agreement), in each case, as of the date of such termination (collectively, the “Accrued Amounts”). The Accrued Amounts will be paid within sixty (60) days following termination of employment.the

Appears in 1 contract

Sources: Executive Employment Agreement (ADC Therapeutics SA)