Accrued Obligations

Accrued Obligations. (i) any of the Executive's base salary from the Company that had accrued but had not been paid (including accrued and unpaid vacation time, subject to the Company's vacation policies in effect from time to time) on or before the Severance Date; (ii) earned but unpaid incentive compensation due under the Executive Compensation Plan for years prior to the year in which the Severance Date occurs, if any; and (iii) any reimbursement due to the Executive for expenses reasonably incurred by the... Executive on or before the Severance Date and documented (and pre-approved to the extent applicable), in accordance with the Company's expense reimbursement policies in effect at the applicable time. View More

Accrued Obligations. For purposes of this Agreement, "Accrued Obligations" mean all of the following: (a) all accrued but unpaid Base Salary through the end of the Employment Term; (b) any accrued but unpaid bonuses for bonus periods ending prior to the Date of Termination, and in the case that the Employment Term ends for any reason other than termination by the Company for Cause or termination by the Executive without Good Reason, a pro rata bonus for the bonus period in which the Date of Termination... occurs. For this purpose, the pro-rata bonus shall mean the bonus, if any, that would have been payable by the Company to Executive for the bonus period (and only if and to the extent that the performance criteria for the bonus for such bonus period have been met) if Executive had been employed by the Company throughout the entire bonus period multiplied by a fraction, the numerator of which shall be the number of days from the first day of the bonus period through and including the Date of Termination and the denominator of which shall be the total number of days in the bonus period. (c) any unpaid or unreimbursed expenses incurred in accordance with Company policy, including amounts due under Section 2.2 hereof, to the extent incurred during the Employment Term; (d) any benefits accrued prior to, or otherwise provided after, termination of employment with the Company under the Company's employee benefit plans, programs or arrangements in which the Executive participates, in accordance with the terms thereof; (e) any rights or benefits under any stock option, restricted stock, restricted stock unit, stock appreciation right or other equity award that extend beyond the Employment Term, in accordance with the award agreements applicable to those awards, subject to the provisions set forth in Section 5.6 hereof, which shall override any provisions in the award agreements that are inconsistent therewith; and (f) any rights to indemnification by virtue of the Executive's position as an officer or director of the Company or its subsidiaries, whether pursuant to the terms of this Agreement, the Company's By-Laws or otherwise, and the benefits under any directors' and officers' liability insurance policy maintained by the Company in accordance with the terms thereof. View More

Accrued Obligations. As of the date of termination, the sum of (A) the Executive's then-current Base Salary (disregarding any reduction constituting Good Reason) through the date of termination to the extent not theretofore paid, (B) any vacation pay, sick pay and expense reimbursements earned and accrued by the Executive as of the date of termination to the extent not theretofore paid, (C) any rights, entitlements or benefits to which Executive is or becomes (or Executive's dependents are or become) entitled in... accordance with the terms of any Company employee benefit plan or program, and (D) any accrued but unpaid Annual Bonus in respect of any prior completed fiscal year. For the purpose of this definition of "Accrued Obligations," except as provided in the applicable plan, program or policy, amounts shall be deemed to accrue ratably over the period during which they are earned, but no discretionary compensation shall be deemed earned or accrued until it is specifically approved by the Board or a designee in accordance with the applicable plan, program or policy. In no event shall Accrued Obligations include the 2022 Cash Award, the 2022 RSU and 2022 PSU units, or any other Cash Awards, RSUs or PSUs outstanding. For the avoidance of doubt, if the Executive is terminated for any reason other than a Qualifying Termination the Executive shall only be entitled to Accrued Obligations. View More

Accrued Obligations. Means the benefits or amounts described in the following subsections (i) and (ii): (i) Any Base Salary accrued through, but unpaid as of, the date of termination; any Annual Bonus earned with respect to fiscal years or other periods ending before the date of termination but that remain unpaid as of the date of termination, payment for unused vacation time as provided in Section 6(a), and payment for any expenses that are reimbursable as provided in Section 7 that remain unpaid as of the date... of termination. The amount payable pursuant to the preceding sentence shall be paid in a single cash payment within the time period prescribed by applicable law but in all events within sixty (60) days after the date of termination. 6 (ii) Any benefits due the Executive under the terms of any employee benefit plan, including any deferred compensation and incentive plans and the long term disability plan or insurance policy established or obtained under Section 6(b), maintained by the Company and in which the Executive participates and such benefits shall be paid in accordance with the terms of the applicable employee benefit plan. Except as provided in Section 9 or 10, the Executive's rights with respect to any Plan awards shall be determined in accordance with the terms of the Plan and the agreements evidencing such awards. View More

Accrued Obligations. Any portion of Executive's Base Salary payable for the payroll period in which Executive's termination of employment occurs for service prior to the termination date, and any business expenses properly incurred but not yet reimbursed, as provided for in Section 7(b)

Accrued Obligations. The sum of (i) any portion of your accrued but unpaid Base Salary through the Termination Date; (ii) subject to Section 14, any compensation previously earned but deferred by you (together with any interest or earnings thereon) that has not yet been paid and that is not otherwise to be paid at a later date pursuant to any deferred compensation arrangement of the Company to which you are a party, if any; (iii) your accrued but unpaid vacation pay through the Termination Date; (iv) any... reimbursements that you are entitled to receive under Section 6 of the Agreement or otherwise; and (v) any vested benefits or amounts that you are otherwise entitled to receive under any plan, policy, practice or program of or any other contract or agreement with the Company in accordance with the terms thereof (other than any such plan, policy, practice or program of the Company that provides benefits in the nature of severance or continuation pay) View More

Accrued Obligations. (i) all accrued but unpaid Base Salary through the Date of Termination, (ii) any unpaid or unreimbursed expenses incurred through the Date of Termination in accordance with Section 9 hereof and (ii) any benefits provided under the Company's employee benefit plans (excluding any employee benefit plan providing for severance or similar benefits) upon a termination of employment, in accordance with the terms contained therein.

Accrued Obligations. (i) all accrued but unpaid Base Salary, and all accrued but unused PTO under the terms of the Company's PTO policy, through the date of termination of the Executive's employment, (ii) any unpaid or unreimbursed expenses incurred through the date of such termination in accordance with Section 5 hereof, and (iii) any vested accrued compensation, equity awards or benefits provided under the Company's employee incentive or benefit plans upon or following a termination of employment, in accordance... with the terms of the applicable plan, including without limitation the STI Plan, but excluding any separate Company severance plan or policy. View More

Accrued Obligations. The aggregate of: (i) the Executive's earned but unpaid Base Salary through the date of the Executive's Termination of Employment; (ii) payment in respect of any paid time off days accrued but unused through the Executive's Termination of Employment, to the extent provided by Company policy; and (iii) reimbursement for all business expenses properly incurred in accordance with Company policy prior to the Executive's Termination of Employment and not reimbursed by the Company as of such date.