Severance Benefits

Severance Benefits. Means the benefits described in Section 4 of this Agreement, as adjusted by the applicable provisions of Section 5 of this Agreement.

Severance Benefits. Benefits payable to Executive pursuant hereto

Severance Benefits. The benefits set forth in Sections 4, 5 or 6 hereof, as applicable.

Severance Benefits. Collectively, the Cash Severance, the COBRA Premium Payments, and, if applicable, the Equity Award Treatment to which a Participant may become entitled pursuant to the Plan

Severance Benefits. The separation-related compensation and other benefits that a Participant will be provided in Section 4.1 or Section 4.2 (and Section 5.2, as applicable) and such Participant's Participation Agreement

Severance Benefits. Means up to twenty-four (24) month's base salary, at the rate in effect at the time of termination of employment ("Base Salary"), plus up to twenty-four (24) months of continued medical, dental, life insurance and other benefits, if any, which were provided to the Key Employee at the time of his or her termination of employment and for which the Key Employee is eligible to receive benefits under plans administered by third party providers (collectively "Benefits"), payable as provided in this... Agreement. In addition, the Key Employee is entitled to a payment in cash of an annual cash bonus ("Bonus Payment") that the Key Employee would have earned for the year in which termination occurs. To avoid any ambiguity, the Bonus Payment will equal the average of the last two cash bonuses the Key Employee received over the two years immediately prior to the year in which severance has occurred, with payment of the Bonus Payment to be made in twenty-four (24) equal monthly installments. In no event shall the Bonus Payment be deemed to include any right to acceleration of vesting of any performance-based or time-vesting restricted shares which are held by the Key Employee but which remain unvested as of the date of termination of employment, for which the vesting or forfeiture thereof shall be determined in accordance with the award agreements under which those restricted shares were issued. View More

Severance Benefits. The CIC Severance Benefits and the Non-CIC Severance Benefits, as applicable.

Severance Benefits. Shall mean (i) the benefits set forth in Section 7 if the Covered Termination occurs outside the Change in Control Period, or (ii) the benefits set forth in Section 8 if the Covered Termination occurs within the Change in Control Period. In no event shall a Covered Employee be eligible for the benefits set forth in both Section 7 and Section 8

Severance Benefits. (i) Aggregate severance payments in an amount equal to the Participant's Severance Multiplier times the Participant's Base Pay, payable in equal installments in accordance with the Company's normal payroll practices for the Participant's Severance Period (Cash) beginning on the date the Release becomes effective and irrevocable; provided, that if the period during which the Release could become effective and irrevocable spans two calendar years, payments of such installments shall not commence... until the first normal payroll date in the second calendar year; (ii) Subject to the Participant's timely election of continuation coverage under COBRA and subject to the Participant's copayment of premium amounts at the active employees' rate, reimbursement for the amount of the remainder of the premiums for the Participant's and his or her covered dependents' participation in the Company's group health plans pursuant to COBRA for a period ending on the earliest of (A) the end of the Participant's Severance Period (COBRA), (B) the Participant becoming eligible for other employer-sponsored group health benefits or Medicare, and (C) the expiration of the Participant's rights under COBRA. View More

Severance Benefits. Means Basic Severance and Change in Control Severance; "Basic Severance" means payments and benefits on account of a Participant's Separation from Service, other than during a Change in Control Period; "Change in Control Severance" means payments and benefits on account of a Participant's Separation From Service during a Change in Control Period.