Cash Severance Payment

Example Definitions of "Cash Severance Payment"
Cash Severance Payment. A lump sum cash payment in an amount equal to the product of (x) the Participant's Benefits Multiple, and (y) the sum of (i) the Participant's annual base salary as in effect immediately prior to the Date of Termination or, if higher, as in effect immediately prior to the Change of Control, plus (ii) the Participant's targeted annual bonus for the year in which such Date of Termination occurs (determined as the product of the Participant's annual base salary and the Participant's target annual... bonus percentage, each as in effect immediately prior to the Date of Termination or, if higher, as in effect immediately prior to the Change of Control) View More
Found in Amgen Inc. contract
Cash Severance Payment. A lump sum cash payment in an amount equal to the product of (x) the Participant's Benefits Multiple, and (y) the sum of (i) the Participant's annual base salary as in effect immediately prior to the Date of Termination or, if higher, as in effect immediately prior to the Change of Control, plus (ii) (ii), if specified in the Participant's Participation Agreement, the Participant's targeted annual bonus for the year in which such Date of Termination occurs (determined as the product of the... Participant's annual base salary and the Participant's target annual bonus percentage, each as in effect immediately prior to the Date of Termination or, if higher, as in effect immediately prior to the Change of Control) Control View More
Found in SCIQUEST INC contract
Cash Severance Payment. A lump sum cash payment in an amount equal to the product of (x) the Participant's Benefits Multiple, and (y) the sum of (i) the Participant's annual base salary as in effect immediately prior to the Date of Termination or, if higher, as in effect immediately prior to the Change of Control, plus (ii) (ii), if specified in the Participant's Participation Agreement, the Participant's targeted annual bonus for the year in which such Date of Termination occurs (determined as the product of the... Participant's annual base salary and the Participant's target annual bonus percentage, each as in effect immediately prior to the Date of Termination or, if higher, as in effect immediately prior to the Change of Control) Control View More
Found in SCIQUEST INC contract
View Variation
Cash Severance Payment. An amount equal to the Severance Multiple times the sum of (i) such Covered Employee's Monthly Base Pay and (ii) such Covered Employee's Monthly Target Bonus
Found in AFFYMETRIX INC contract
All Definitions