Severance Multiplier

Example Definitions of "Severance Multiplier"
Severance Multiplier. (i) in the event of a Qualifying CIC Termination (a) with respect to each Level 1 Employee, 2.5, and (b) with respect to each Level 2 Employee, 2
Severance Multiplier. Shall mean the following for each band of Participants outlined below: EmploymentClassificationSeverance MultiplierChief Executive Officer3 timesAll Other Participants2 times
Severance Multiplier. (A) nine (9) for a Qualifying Termination of a Participant other than the Chief Executive Officer (the "CEO") and (b) twelve (12) for a Qualifying Termination of the CEO.
Severance Multiplier. Means:(i) With respect to a Participant designated in Group A, one (1);(ii) With respect to a Participant designated in Group B, one (1); and5 (iii) With respect to a Participant designated in Group C, one-half (0.5).
Severance Multiplier. 1.5 for an Officer and 1.0 for an Executive who is not an Officer.
Severance Multiplier. (i) for a Participant who is the Chief Executive Officer of the Company at the time of the Qualifying Termination, (A) eighteen (18), for a Non-Change in Control Termination, and (B) twenty-four (24), for a Change in Control Termination; (ii) for a Participant who is the President of the Company at the time of the Qualifying Termination, (A) eighteen (18), for a Non-Change in Control Termination, and (B) eighteen (18), for a Change in Control Termination;(iii) for a Participant who is a member... of the Company’s Executive Committee at the time of Qualifying Termination (but not the Chief Executive Officer or President) or, as applicable, a key employee designated by the Board as eligible at the Executive Committee level, (A) twelve (12), for a Non-Change in Control Termination, and (B) eighteen (18), for a Change in Control Termination; (iv) for a Participant who is a senior vice president of the Company (but not on the Executive Committee) at the time of the Qualifying Termination or, as applicable, a key employee designated by the Board as eligible at the senior vice president level, (A) six (6), for a Non-Change in Control Termination, and (B) twelve (12), for a Change in Control Termination; and (v) for a Participant who is a vice president of the Company at the time of the Qualifying Termination or, as applicable, a key employee designated by the Board as eligible at the vice president level, (A) six (6), for a Non-Change in Control Termination, and (B) nine (9), for a Change in Control Termination View More
All Definitions