Common use of Cessation Date Clause in Contracts

Cessation Date. Your Cessation is effective as of the close of business on [ ] (your “Cessation Date”). The Company shall pay to you all amounts and benefits that have accrued or were earned but remain unpaid through your Cessation Date in respect of Remuneration, payable based on the annual amount then in effect, and unreimbursed expenses, including accrued and unused vacation, on the Cessation Date, regardless of whether you sign this Agreement.