Severance Amount

Severance Amount. With respect to an Eligible Executive, an amount equal to the product of (i) the Applicable Severance Multiple or, in the event of a Qualifying Termination that occurs within the 12-month period following a Change of Control, the Applicable CIC Severance Multiple and (ii) the sum of such Eligible Executive's (A) Base Salary and (B) Target Annual Bonus; provided, however, that for purposes of calculating the Severance Amount, neither the Base Salary nor the Target Annual Bonus shall take into... account any temporary reduction in such Eligible Executive's annualized base salary in connection with a general reduction in base salaries that affects all similarly situated employees of the Company in substantially the same proportions, as determined by the Committee in its sole discretion. View More

Severance Amount. With respect to an Eligible Executive, an amount equal to the product of (i) the Applicable Severance Multiple or, in the event of a Qualifying Termination that occurs within the 12-month period following a Change of Control, the Applicable CIC Severance Multiple and (ii) the sum of such Eligible Executive's (A) Base Salary and (B) Target Annual Bonus.

Severance Amount. Shall mean an amount equal to two (2) times the Employee's Base Compensation.

Severance Amount. Collectively, the cash payments set forth in Sections 5(a) or 5(b), as applicable.

Severance Amount. Means (i) the Accrued Compensation, including earned but unpaid Revenue-Based Bonus at the time of termination and (ii) a lump sum amount equal to the sum of (x) three months of Base Salary as in effect immediately prior to such termination and (y) an amount equal to the Revenue-Based Bonus due Executive with respect to the three months preceding termination date.