Separation Payment

Separation Payment. With respect to a Participant, a Payment paid or payable to the Participant pursuant to this Plan or an Agreement (disregarding Section 9 of this Plan).

Separation Payment. Means a lump sum equal to (A) Employee's Base Salary (as defined in Section 7(a) of this Agreement) for the remainder of the Term, but not less than one (1) year of Base Salary, plus (B) the bonus that was paid to Employee under Section 7(b) for the preceding bonus period, projected over the remainder of the Term (but not less than the preceding bonus that was paid), plus (C) any accrued but unpaid vacation pay.

Separation Payment. Means a lump sum equal to (A) Employee's Base Salary for the remainder of the Term (but not less than 12 months) (as defined in Section 7(a) of this Agreement, plus (B) the bonus that was paid to Employee under Section 7(b) for the preceding bonus period (projected over 12 months if the bonus was for less than a year), plus (C) any accrued but unpaid vacation pay and unreimbursed expenses.

Separation Payment. Means a lump sum equal to (A) one year of Employee's Base Salary (as defined in Subsection 8(a) of this Agreement) plus (B) the bonus that was paid to Employee under Subparagraph 7(b) for the preceding bonus period, projected over the twelve (12) months following that bonus period, plus (B) any accrued but unpaid 5 vacation pay plus (D) any Gross-Up Payment required by Exhibit B to this Agreement, which is incorporated herein by reference, said sum to be paid concurrent with the... Separation Payment. View More

Separation Payment. A lump sum equal to Employee's compensation as set forth in Subparagraphs 8(a), (d) and (e) of this Agreement for the remainder of the Term, and a pro-rated amount of any bonuses that might otherwise have been paid to Employee under Subparagraph 8(b) for any bonus periods that would have concluded during the remainder of the Term.

Separation Payment. Means a sum equal to (A) Employee's Base Salary (as defined in Subparagraph 7(a) of this Agreement) for the twelve (12) months following termination, plus (B) the bonus that was paid to Employee under Subparagraph 7(b) for the preceding bonus period, projected over the twelve (12) months following that bonus period, plus (C) any accrued but unpaid vacation pay, plus (D) any Gross-Up Payment required by Exhibit 1 to this Agreement, which is incorporated herein by reference, said sum to be paid... out over twelve (12) months in such weekly, bi-weekly or semi-monthly installments as shall be convenient to Employer. View More

Separation Payment. Means a lump sum equal to (A) Employee's Base Salary for the remainder of the Term (but not less than 12 months) (as defined in Subsection 8(a) of this Agreement), plus (B) the bonus that was paid to Employee under Subsection 8(b) for the preceding bonus period (projected over twelve (12) months if the bonus was for less than a year), plus (C) any accrued but unpaid vacation pay, plus (D) any Gross-Up Payment required by Exhibit 1 to this Agreement, which is incorporated herein by reference.

Separation Payment. If the End Date is: (i) on or after the Effective Date through and including December 31, 2014, an amount equivalent to Executive's Base Salary during such period; (ii) on or after January 1, 2015 through and including December 31, 2015, an amount equivalent to Executive's Base Salary and non-equity incentive compensation during such period; and (iii) on or after January 1, 2016, an amount equivalent to Executive's Base Salary and non-equity incentive compensation for the-then prior fiscal year... of the Company. View More

Separation Payment. Shall mean any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

Separation Payment. (a) the amount of Cash Compensation that would have been paid to the Employee pursuant to Section 7(a)(i) of this Agreement as if he had experienced an Involuntary Termination on September 1, 2022, minus (b) the sum of the salary and any cash bonus paid to the Employee after August 31, 2022, including any amounts deferred by the Employee and excluding any bonus for services performed during the fiscal year ending June 30, 2022.