Severance Payment
Severance Payment. Means an amount equal to one times Executive's Base Salary, payable in accordance to the terms of Section 2.
Found in
EXCO RESOURCES INC contract
Severance Payment. An amount equal to 150% of Employee's highest annual base salary during the term of Employee's employment with the Company; provided that, if the event giving rise to the Severance Payment occurs on or before the 180th day following a Change in Control (with the day immediately following the day of the occurrence of the Change in Control being day 1), then the amount of the Severance Payment shall be the greater of (i) the amount provided for in this sentence or (ii) the amount provided for in...
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Found in
ZIX CORP contract
Severance Payment. Shall mean Employee's then-current base salary multiplied by a fraction, the numerator of which is the number of calendar days between the Termination Date and September 30, 2009 (not including the Termination Date but including September 30, 2009) and the demonitator of which is 365.
Found in
Savara Inc contract
Severance Payment. Executive's Base Salary at the time of the Termination Date multiplied by [1x]1 plus Executive's target annual bonus for the year in which the Termination Date occurs; provided that if Executive's Termination Date occurs on or within two years following a Change of Control, the multiplier described above shall be increased to [2x]2.
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WHITING PETROLEUM CORP contract
Severance Payment. The Executive's Base Salary at the time of the Termination Date plus the average of the annual bonuses earned by the Executive with respect to each of the three completed fiscal years of the Company preceding the year in which the Termination Date occurs (or such lesser number of fiscal years for which the Executive was employed by the Company, with any partial year's bonus being annualized with respect to such fiscal year) multiplied by the severance multiplier set forth above; provided that...
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Found in
ORION ENERGY SYSTEMS, INC. contract
Severance Payment. The cash payment, if any, that Employee may become entitled to receive pursuant to Section 6 of this Agreement
Found in
Verisign Inc. contract
Severance Payment. The same meaning as the term 'parachute payment' defined in Section 280G(b)(2) of the Code
Found in
Chubb Limited contract
Severance Payment. An amount equal to 24 months of Employee's annual Base Salary, including any payments received or due under any other severance agreement.
Severance Payment. The Company will pay Executive up to an amount equal to one (1) year of Executive's salary at the time of termination ("Separation Pay"). Separation Pay shall be payable to Executive for six (6) months following Executive's termination of employment ("Initial Severance Period") and up to an additional six (6) months thereafter so long as Executive has not accepted new employment ("Subsequent Severance Period" and together with the Initial Severance Period, the "Severance Period"). Executive...
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3D Systems Corporation contract
Severance Payment. 1.5 times the sum of (i) Executive's then applicable Base Salary, plus (ii) the average of the annual cash incentive plan payments made to Executive (prior to reduction for taxes or deferrals) in the three fiscal years immediately preceding the fiscal year in which the Termination Date occurs (or such fewer number of immediately preceding fiscal years for which Executive has been employed by the Company) (the "Average Annual Bonus Amount"); provided that if the Termination Date occurs on or...
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Found in
EVINE Live Inc. contract
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