Severance Payment

Severance Payment. Severance pay in an amount equal to of Base Salary, plus an amount equal to the greater of (A) the aggregate annual cash bonus payment(s) received by Employee in the Company's preceding fiscal year or (B) Employee's target annual cash bonus amount, such payments to be paid in accordance with the terms in Section 2.1(b) below. Notwithstanding the foregoing, if the tenure of Employee's employment with the Company at the time of termination is less than one year, then the bonus amount calculated...r this Section 1.11 shall be pro rated for the partial year of service View More

Severance Payment. The base salary continuation contemplated by this paragraph is hereinafter referred to as the "Severance Payment".

Severance Payment. Means, as applicable, the Initial Severance Payment or the Special Severance Payment.

Severance Payment. A payment made pursuant to Article 6 of the Plan.

Severance Payment. An amount equal to the sum of the Base Salary in effect on the date of termination of Executive's employment, plus the amount of the Target Bonus for the Executive for the year in which the Executive's employment is terminated; provided, however, that if the Executive terminates the Executive's employment for Good Reason based on a reduction in Base Salary, then the Base Salary to be used in calculating the Severance Payment shall be the Base Salary in effect immediately prior to such reduction... in Base Salary View More

Severance Payment. The applicable lump sum cash payment payable to the Executive pursuant to Section 5.1(a)(iv), Section 5.2(a)(iii), or Section 5.3(a)(iii) through (v), as applicable.

Severance Payment. With respect to an Eligible Executive, an amount equal to the product of (i) the Applicable Severance Multiple; and (ii) such Eligible Executive's Base Salary.

Severance Payment. With respect to an Eligible Executive, a total amount equal to (a) in the event of a Qualifying Termination not within a CIC Protection Period, the product of (i) the Applicable Severance Multiple and (ii) such Eligible Executive's Base Salary; and (b) in the event of a Qualifying Termination within a CIC Protection Period an amount equal to the product of (i) the Applicable Severance Multiple and (ii) the sum of such Eligible Executive's (x) Base Salary plus (y) target bonus, in each case as... of the Date of Termination. View More

Severance Payment. Any severance pay or benefits under any other severance program or plan of the Company or any affiliate, including the Company's Executive Severance Plan, payable to Executive at the same time as amounts payable under this Agreement