Common use of Standard Termination Entitlements Clause in Contracts

Standard Termination Entitlements. For all purposes of this Agreement, the Executive's "Standard Termination Entitlements" shall mean and include: 4.3.1.1 the Executive's earned but unpaid compensation (including, without limitation, Base Salary, and all other items which constitute wages under applicable law, interpreting the term "wages" in the broadest possible sense) as of the date of his termination of employment. This payment shall be made at the time and in the manner prescribed by law applicable to the payment of wages including, specifically, payment for accrued, but unused vacation days; 4.3.1.2 reimbursement for reasonable business expenses and authorized travel expenses incurred but still outstanding; and 4.3.1.3 the benefits, if any, due to the Executive, and the Executive's estate, surviving dependents or his designated beneficiaries under the employee benefit plans and programs and compensation plans and programs maintained for the benefit of, or covering, the officers, executives and employees of the Company, including, but not limited to, all plans or arrangements listed on SCHEDULE A, the Equity Incentive Plan and the Management Incentive Plan. The time and manner of payment or other delivery of these benefits and the recipients of such benefits shall be determined according to the terms and conditions of the applicable plans and programs.