Accrued Compensation Definition Example

This example Accrued Compensation definition appears in 4 contracts from 1 company

Accrued Compensation. For purposes of this Agreement, "Accrued Compensation" shall mean all amounts of compensation for services rendered to the Company or an Employing Affiliate that have been earned or accrued through the Termination Date but that have not been paid as of the Termination Date, including (a) base salary, (b) reimbursement for reasonable and necessary business expenses incurred by the Executive on behalf of the Company or an Employing Affiliate during the period ending on the Termination Date and... (c) vacation pay; provided, however, that Accrued Compensation shall not include any amounts described in clause (a) that have been deferred pursuant to any salary reduction or deferred compensation elections made by the Executive. View More Arrow
AXSYS TECHNOLOGIES INC Contracts

AMENDED AND RESTATED SEVERANCEPROTECTION AGREEMENT (Filed With SEC on April 25, 2007)

SEVERANCE PROTECTION AGREEMENT (Filed With SEC on February 24, 2005)

(Filed With SEC on August 11, 2003)

(Filed With SEC on August 11, 2003)

All Definitions