Amount of Severance Pay. (a) The amount of severance pay (“Severance Pay”) to which the Participant is entitled under the Plan shall be the product of the amount described in (i) multiplied by the percentage described in (ii), with such product reduced by the amount described in (iii):
Appears in 2 contracts
Samples: Employment Agreement (Wellpoint Inc), Employment Agreement (Wellpoint Inc)
Amount of Severance Pay. (a) The amount of severance pay (“Severance Pay”) to which the Participant is entitled over the applicable severance period (“Severance Period”) under the Plan shall be the product of the amount described in (i) multiplied by the percentage described in (ii), with such product reduced by the amount described in (iii):
Appears in 2 contracts
Samples: Employment Agreement (Elevance Health, Inc.), Executive Agreement (Wellpoint Inc)
Amount of Severance Pay. (a) The amount of severance pay (“"Severance Pay”") to which the Participant is entitled over the applicable severance period ("Severance Period") under the Plan shall be the product of the amount described in (i) multiplied by the percentage described in (ii), with such product reduced by the amount described in (iii):
Appears in 1 contract
Samples: Employment Agreement (Anthem, Inc.)
