Accrued Benefits Definition Example

Accrued Benefits. (a) Base Salary through the Date of Termination; (b) accrued and unused vacation pay; (c) any earned but unpaid Annual Bonus; (d) any amounts owing to the Executive for reimbursement of expenses properly incurred by the Executive prior to the Date of Termination and which are reimbursable in accordance with Section 6; and (e) any other benefits or amounts due and owing to the Executive under the terms of any plan, program or arrangement of the Employer.