Change in Control Payment

Example Definitions of "Change in Control Payment"
Change in Control Payment. Equivalent of thirty-six (36) months of the Executive's then-current salary, plus the Executive's eligible Annual Incentive Plan (AIP) bonus applicable to the year in which the Separation Date occurs at the Target amount
Change in Control Payment. Equivalent of thirty-six (36) twenty-four (24) months of the Executive's then-current salary, plus the Executive's eligible Annual Incentive Plan (AIP) bonus applicable to the year in which the Separation Date occurs at the Target amount
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Change in Control Payment. Two times the higher of (i) Employee's annual base salary in effect on the date of the Change in Control or (ii) Employee's highest annual base salary during the term of Employee's employment with the Company.
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