Common use of Amount of Payments Clause in Contracts

Amount of Payments. The Basic Severance Benefit will equal your annualized base salary at the rate in effect on the date of your termination of employment minus the sum of any other payments from the Company under any employment or other agreement, plan, program or policy in the nature of severance in respect of such termination, payable on or after the date of such termination.

Amount of Payments. The Basic Severance Benefit will equal the sum of (i) your annualized base salary at the rate in effect on the date of your termination of employment minus plus (ii) pro rata bonus or incentive compensation for the sum year of any other payments from termination based on the number of days in the year in which employed and the performance of the Company under any employment or other agreement, plan, program or policy in the nature of severance in respect of such termination, payable on or after through the date of such termination, annualized to determine the amount of payments that otherwise would have been made under the Accuride Incentive Compensation Plan.