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.
Their initial letter called out the school for funding a
portion of a new building being constructed in honor
of alumnus Gary Chapman, as
well as for freezing faculty pay yet not tightening
salaries at the administrative level.
HOW TO HANDLE
SALARY REQUIREMENTS Salary requirements are one of the most difficult portions of your resume, and with good reason — many companies -LS
SALARY REQUIREMENTS
Salary requirements are one of the most difficult portions of your resume, and with good reason — many companies -LS
Salary requirements are one
of the most difficult
portions of your resume, and with
good reason — many companies -LSB-...]