PAYMENT OF ACCRUED SALARY AFTER IPO DATE Clause Samples

PAYMENT OF ACCRUED SALARY AFTER IPO DATE. Notwithstanding the provisions of subsections 2.1.1 and 2.1.2 hereinabove, and subject to the provisions of Section 2.3 of this Agreement, and after giving effect to any payments made by Employer to Executive pursuant to the provisions of subsections 2.1.1 and 2.1.2 hereof, Employer shall, commencing thirty (30) days after the IPO Date, pay to Executive any remaining Accrued Salary amount in twelve (12) consecutive equal monthly payments; PROVIDED, HOWEVER, that if Employer pays any of Tom Blakeley's accrued but unpaid salary at a rate greater than the ▇▇▇▇▇ ▇▇▇▇▇▇▇ amounts paid to Executive pursuant to this subsection 2.1.3, then Executive's remaining Accrued Salary shall be paid at the same rate that Tom Blakeley is paid his accrued but unpaid salary by Employer.
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Related to PAYMENT OF ACCRUED SALARY AFTER IPO DATE

  • Accrued Salary On the Separation Date, the Company will pay you all accrued salary earned through the Separation Date, subject to standard payroll deductions and withholdings. You will receive these payments regardless of whether or not you sign this Agreement.

  • Effective Date of Benefit Termination Medical, dental and life coverage termination will take effect on the first of the month following the loss of eligible employee or dependent status. Disability benefit coverage terminations will take effect on the day following loss of eligible employee status.

  • Accrued Salary and Paid Time Off On the Separation Date, the Company will pay you all accrued salary, and all accrued and unused vacation earned through the Separation Date, subject to standard payroll deductions and withholdings. You are entitled to these payments by law.

  • Accrued Salary and Vacation On the Separation Date, the Company will pay you all accrued salary and all accrued and unused vacation earned through the Separation Date, subject to standard payroll deductions and withholdings. You will receive these payments regardless of whether or not you sign this Agreement.

  • Accrued Compensation On any termination of the Executive’s employment with the Company Group, the Executive will be entitled to receive all accrued but unpaid vacation, expense reimbursements, wages, and other benefits due to the Executive under any Company-provided plans, policies, and arrangements.