Severance Amount
Severance Amount. Shall mean an amount equal to 100% of the Executive's Base Annual Salary. 5
Found in
SUMMIT BANK CORP contract
Severance Amount. Shall mean an amount equal to 2.00 times Executive's Compensation.
Found in
DEVON OEI OPERATING INC contract
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 ...
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KANKAKEE BANCORP INC contract
Severance Amount. Shall have the meaning set forth in Paragraph 3 hereof.
Found in
PENTON MEDIA INC contract
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...
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SeqLL, Inc. contract
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...
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SYNTELLECT INC contract
Severance Amount. Shall mean an amount equal to the Executive's Annual Compensation.
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SEABULK INTERNATIONAL INC contract
Severance Amount. Shall mean $ .
Found in
HECTOR COMMUNICATIONS CORP contract
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...
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GBC BANCORP INC contract
Severance Amount. Shall have the meaning as set forth in Section 5C.
All Definitions
Found in
MOVIE GALLERY INC contract