Severance Amount

Example Definitions of "Severance Amount"
Severance Amount. (a) a cash payment of five million dollars ($5,000,000) if the Executive's employment with the Company is terminated pursuant to Section 2 of this Agreement after the Effective Date and on or before March 31, 2013; or (b) a cash payment of two million dollars ($2,000,000) if the Executive's employment with the Company is terminated pursuant to Section 2 of this Agreement after March 31, 2013 and on or before August 31, 2014.
Found in PANERA BREAD CO contract
Severance Amount. The obligation of the Successor to pay and continue Employee's full salary, bonus and benefits set forth in Section 3 hereof.
Found in TRANSCAT INC contract
Severance Amount. Shall mean an amount equal to [2.0 – Fuller] [1.75 – Schmidt] [1.50 – Erickson and Everts] [1.0 - others] times the Employee's Base Compensation.
Found in HEARTLAND FINANCIAL USA INC contract
Severance Amount. Is equal to: i. in the case of an Involuntary Termination, 2.99 times the Employee's Base Annual Salary, and ii. in the case of a Voluntary Termination, 2.99 times the Employee's Base Annual Salary if the Employee has realized a Change in Duties subsequent to a Change of Control, or 2.00 times the Employee's Base Salary in the case of a Voluntary Termination which is not preceded by a Change in Duties.
Found in COMMUNITY TRUST BANCORP INC contract
Severance Amount. An amount equal to 2.0 times the Executive's Base Compensation.
Found in MidWestOne Financial Group, Inc. contract
Severance Amount. An amount equal to 2.0 times the Executive's Base Compensation; provided that for purposes of Section 5(c), such multiple shall be 0.5, 1.0 and 1.5 times Executive's Base Compensation for terminations occurring during 2008, 2009 and 2010, respectively.
Found in MidWestOne Financial Group, Inc. contract
Severance Amount. Shall mean an amount equal to 2.5 times the Executive's Base Compensation.
Found in MidWestOne Financial Group, Inc. contract
Severance Amount. An amount equal to 150% of Executive's Base Compensation
Found in Heritage Financial Corporation contract
Severance Amount. An amount equal to two (2) times the sum of (A) the Executive's annual Base Salary as in effect immediately prior to the Termination Date and (B) the Executive's Target Bonus for the Bonus Period in which termination occurs.
Found in Reven Housing REIT, Inc. contract
Severance Amount. An amount equal to one hundred twenty-five percent (125%) of the Executive's Base Compensation.
Found in MidWestOne Financial Group, Inc. contract
All Definitions