Common use of Amount of Severance Benefit Clause in Contracts

Amount of Severance Benefit. The amount of the Severance Benefit shall equal nine (9) months of Employee's Base Salary in effect at the time, less applicable withholdings for taxes, plus nine (9) months of those employer-paid benefits customarily provided by UOL to its executive employees plus the amounts due under Exhibit A hereto and the bonus pursuant to the last sentence of Section 3 hereof.

Appears in 2 contracts

Samples: Employment Agreement (Uol Publishing Inc), Employment Agreement (Uol Publishing Inc)

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Amount of Severance Benefit. The amount of the Severance Benefit shall equal nine (9) months of Employee's Base Salary in effect at the timeAndexxxx'x Xxxe Salary, less applicable withholdings for taxes, plus nine six (96) months of those employer-paid benefits customarily provided by UOL to its executive employees plus the amounts due under Exhibit A hereto and the bonus pursuant to the last sentence of Section 3 hereofemployees.

Appears in 1 contract

Samples: Employment Agreement (Uol Publishing Inc)

Amount of Severance Benefit. The amount of the Severance Benefit shall equal nine (9) months of Employee's Base Salary in effect at the timeFarrxxx'x Xxxe Salary, less applicable withholdings for taxes, plus nine six (96) months of those employer-paid benefits customarily provided by UOL to its executive employees plus the amounts due under Exhibit A hereto and the bonus pursuant to the last sentence of Section 3 hereofemployees.

Appears in 1 contract

Samples: Employment Agreement (Uol Publishing Inc)

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Amount of Severance Benefit. The amount of the Severance Benefit shall equal nine (9) months of Employee's Base Salary in effect at the time, less applicable withholdings for taxes, plus nine (9) months of those employer-paid benefits customarily provided by UOL to its executive employees plus the amounts due under Exhibit A hereto and the bonus pursuant to the last sentence of Section 3 hereofemployees.

Appears in 1 contract

Samples: Employment Agreement (Uol Publishing Inc)

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