Not exact matches
If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued
vacation pay and any un-reimbursed
expenses, and (ii) subject to Mr. Drexler's execution of a valid
general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.
Of the approximately $ 238 million in proceeds from the transaction (before transaction
expenses and required reserves), approximately $ 101 million was used to repay amounts previously drawn under Marriott
Vacations Worldwide's $ 300 million warehouse credit facility, and the remainder will be used for
general corporate purposes.
Attorney
General Andrew M. Cuomo, the Democratic nominee for governor, filed a civil suit in April accusing Mr. Espada of steering millions of dollars from his nonprofit health care network to pay for
vacations, meals, and housing and campaign
expenses.
You can not include in medical
expenses a trip or
vacation taken merely for a change in environment, improvement of morale, or
general improvement of health, even if the trip is made on the advice of a doctor.
One of the most common uses of a personal loan is to consolidate credit card debt, but personal loans are also taken out to pay for
vacations, weddings, home improvement, medical bills, or even just
general living
expenses.