Severance Obligation Period

Severance Obligation Period. (i) in the case of a Tier 1, Tier 2, Tier 3 or Tier 4 Executive, the period beginning on the Date of Termination ending one (1) year thereafter; and (ii) in the case of a Tier 5 Key Employee, the number of months (up to a maximum of 12) equal to the sum of three (3) plus the number of full years of service of the Tier 5 Key Employee with the Company.

Severance Obligation Period. (i) in the case of a Tier 1 Executive, the period beginning on the Date of Termination ending 3 years thereafter; (ii) in the case of a Tier 2 Executive, the period beginning on the Date of Termination and ending 2.5 years thereafter; (iii) in the case of a Tier 3 Executive, the period beginning on the Date of Termination and ending 2 years thereafter; and (iv) in the case of a Tier 4 Executive, the period beginning on the Date of Termination and ending 1 year thereafter.

Severance Obligation Period. The period beginning on the Date of Termination and ending one (1) year thereafter.

Severance Obligation Period. (i) in the case of a Tier 1 Executive , the period equal to 12 months multiplied by the applicable percentage of Base Salary and Annual Bonus the Tier 1 Executive is eligible to receive as severance as a result of such Tier 1 Executive's termination of employment ; (ii) in the case of a Tier 2, Tier 3 or Tier 4 Executive, the period of twelve months; and (iii) in the case of a Tier 5 Key Employee, the period equal to the number of months (up to a maximum of 12) equal to the sum of three (3)... plus the number of full years of service of the Tier 5 Key Employee with the Company; for all Tiers, the Severance Obligation Period shall commence on the Date of Termination. View More