Accrued Benefits Definition Example with 4 Variations

This page contains an example definition of Accrued Benefits, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Accrued Benefits. The following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive's employment for reasonable and necessary expenses incurred by the Executive on behalf of the Company for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any... deferred compensation plan then in effect; and (iv) all other payments and benefits to which the Executive (or in the event of the Executive's death, the Executive's surviving spouse or other beneficiary) is entitled on the Termination Date under the terms of any benefit plan of the Company, excluding severance payments under any Company severance policy, practice or agreement in effect on the Termination Date. Payment of Accrued Benefits shall be made promptly in accordance with the Company's prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii) and (iv), pursuant to the terms of the benefit plan or practice establishing such benefits. View More

Variations

Accrued Benefits. The the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive's employment for reasonable and necessary expenses incurred by the Executive on behalf of the Company for the time period ending with the Termination Date; Date in accordance with company policy and (iii) any and all other cash earned through the Termination Date and deferred at the... election of the Executive or pursuant to any deferred compensation plan then in effect; and (iv) all other payments and benefits to which the Executive (or in the event of the Executive's death, the Executive's surviving spouse or other beneficiary) is entitled on the Termination Date under the terms of any benefit plan of the Company, excluding severance payments hereunder or under any Company severance policy, practice or agreement in effect on the Termination Date. Payment of Accrued Benefits shall be made promptly in accordance with the Company's prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii) and (iv), pursuant to the terms of the benefit plan or practice establishing such benefits. View More
Accrued Benefits. The Executive's "Accrued Benefits" shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive's employment for reasonable and necessary expenses incurred by the Executive on behalf of the Company Employer for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and... deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid; and (iv) (v) all other payments and benefits to which the Executive (or in the event of the Executive's death, the Executive's surviving spouse or other beneficiary) is may be entitled on the Termination Date as compensatory fringe benefits or under the terms of any benefit plan of the Company, Employer, excluding severance payments under any Company Employer severance policy, practice or agreement in effect on the Termination Date. Payment of Accrued Benefits shall be made promptly in accordance with the Company's prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii) (iii), (iv) and (iv), (v), pursuant to the terms of the benefit plan or practice establishing such benefits. View More
Accrued Benefits. The the following amounts, payable as described herein: (i) all base salary for the time period ending with the date of the Executive's Termination Date; of Employment; (ii) reimbursement for any and all monies advanced in connection with the Executive's employment for reasonable and necessary expenses incurred by the Executive on behalf of the Company for the time period ending with the date of the Executive's Termination Date; of Employment; (iii) except in the event of termination for Cause,... a pro rata portion (determined by dividing the number of days the Executive is employed during the year through the date of termination by 365) of any annual performance bonus (excluding the Cash Bonus described in Section 3(c)) payable with respect to the year in which the termination occurs, based on actual performance results; (iv) any and all other cash earned and vested through the date of the Executive's Termination Date of Employment and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; and (iv) (v) all other payments and benefits to which the Executive (or in the event of the Executive's death, the Executive's surviving spouse or other beneficiary) is entitled on the date of the Executive's Termination Date of Employment under the terms of any benefit plan of the Company, excluding severance payments under any Company severance policy, practice or agreement in effect on the Termination Date. such date. Payment of Accrued Benefits shall be made promptly in accordance with the Company's prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii) (iii), (iv) and (iv), (v), pursuant to the terms of the benefit plan or practice establishing such benefits. View More
Accrued Benefits. The the following amounts, payable as described herein: (i) all base salary for the time period ending with the date of the Executive's Termination Date; of Employment; (ii) reimbursement for any and all monies advanced in connection with the Executive's employment for reasonable and necessary expenses incurred by the Executive on behalf of the Company for the time period ending with the date of the Executive's Termination Date; of Employment; (iii) except in the event of termination for Cause,... a pro rata portion (determined by dividing the number of days the Executive is employed during the year through the date of termination by 365) of any annual performance bonus payable with respect to the year in which the termination occurs, based on actual performance results; (iv) any and all other cash earned and vested through the date of the Executive's Termination Date of Employment and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; and (iv) (v) all other payments and benefits to which the Executive (or in the event of the Executive's death, the Executive's surviving spouse or other beneficiary) is entitled on the date of the Executive's Termination Date of Employment under the terms of any benefit plan of the Company, excluding severance payments under any Company severance policy, practice or agreement in effect on the Termination Date. such date. Payment of Accrued Benefits shall be made promptly in accordance with the Company's prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii) (iii), (iv) and (iv), (v), pursuant to the terms of the benefit plan or practice establishing such benefits. View More
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