Severance Amount

Example Definitions of "Severance Amount"
Severance Amount. Shall mean an amount equal to 100% of the Executive's Base Annual Salary. 5
Severance Amount. Shall mean an amount equal to 2.00 times Executive's Compensation.
Severance Amount. Shall mean the amount equal to all amounts earned or accrued through the Termination Date, including Annual Base Salary (within the meaning of Section 3(b)(i)) and vacation pay, plus an amount equal to three (3) times the sum of: (i) Executive's Annual Base Salary; (ii) the average of the two (2) most recent annual performance bonuses received by the Executive as of the date of the Change of Control; and (iii) the average of the ... contributions made by the Company to tax-qualified retirement plans for the benefit of the Executive for the two (2) years immediately preceding the date of the Change of Control. View More Arrow
Severance Amount. Shall have the meaning set forth in Paragraph 3 hereof.
Severance Amount. Shall mean (i) in the event of a Termination Date on or prior to the two (2) year anniversary of the Effective Date, an amount equal to one and one-half (1.5) times Executive's annual Base Salary as in effect immediately prior to the Termination Date, and continuation of medical insurance benefits, as provided on the Termination Date until the end of the applicable Severance Term (or, at the sole discretion of the Company, reimburse the Executive for COBRA); (ii) in the event of a Termination... Date after the two (2) year anniversary of the Effective Date, an amount equal to one (1) times Executive's annual Base Salary as in effect immediately prior to the Termination Date, and continuation of medical insurance benefits, as provided on the Termination Date until the end of the applicable Severance Term (or, at the sole discretion of the Company, reimburse the Executive for COBRA); or (iii) in the case of non-renewal of this Agreement by the Company after the Initial Term or any Renewal Term and the subsequent termination of employment within three (3) months following such non-renewal of this Agreement by the Company, an amount equal to six (6) months of Executive's annual Base Salary as in effect immediately prior to the Termination Date, and continuation of medical insurance benefits, as provided on the Termination Date until the end of the applicable Severance Term (or, at the sole discretion of the Company, reimburse the Executive for COBRA). View More Arrow
Severance Amount. Shall mean an amount equal to (i) fifty percent (50%) of the greater of (a) Employee's current gross annual salary prior to the voluntary 10% reduction in salary effected on or about July 15, 2002 and any subsequent reduction(s) and (b) Employee's current gross annual salary as of the date of termination or Constructive Termination of Employee's employment, plus (ii) fifty percent (50%) of Employee's targeted annual bonus amount for the year in which Employee's employment is terminated plus... (iii) any unpaid fringe benefits, deferred amounts, bonus sums that Employee may have earned on or prior to the date of termination or Constructive Termination of Employee's employment, plus (iv) an amount equal to the total of the current medical and dental insurance premiums which would be paid on Employee's behalf for the six (6) month period following termination or Constructive Termination of Employee's employment or, in lieu of such amount, agreement to maintain Employee's coverage under Employee's current medical and dental insurance policies or medical and dental insurance policies substantially similar to such policies for a period of six (6) months following termination or Constructive Termination of Employee's employment. View More Arrow
Severance Amount. Shall mean an amount equal to the Executive's Annual Compensation.
Severance Amount. Shall mean $ .
Severance Amount. Shall have the same meaning as the term "parachute payment" defined in Section 280G(b)(2) of the Internal Revenue Code (as amended) and the regulations and rulings thereunder and, to the extent included in such definition, shall include all payments to Executive in the nature of compensation which are contingent on a change in ownership or effective control of Employers or in the ownership of a substantial portion of the assets of Employers, including the... accelerated vesting of any stock options granted to Executive. View More Arrow
Severance Amount. Shall have the meaning as set forth in Section 5C.
All Definitions