Severance Compensation

Example Definitions of "Severance Compensation"
Severance Compensation. 100% of the Employee's Base Salary on the effective date of termination and the Agreed Bonus Target in effect on the effective date of termination.
Severance Compensation. 100% 50% of the Employee's Base Salary on the effective date of termination and 50% of the Agreed Bonus Target in effect on the effective date of termination.
View Variations
Severance Compensation. An amount equal to one and a half (1 1/2) times the gross amount of (i) the Executive's annual base salary as in effect immediately prior to the Change in Control and (ii) all bonus payments made to Executive during the twelve (12) months preceding the date of the Change in Control.
Severance Compensation. An amount equal to one (1) times the gross amount of the Executive's annual base salary as in effect immediately prior to the Change in Control.
Severance Compensation. Means the Employee's base salary and annual incentive payment, together with discretionary bonuses paid in cash or vested stock, on a calendar-year basis.
Severance Compensation. Means the Employee's base salary and annual incentive target on the date of the Change in Control.
Severance Compensation. Severance Pay and other benefits provided by Sections 5(a) and (b).
All Definitions