Amount of Severance Payment. (a) If you become entitled to a Severance Payment under this Agreement, the Company shall pay to you a lump sum payment equal to [two (2)] [three (3)] times one year’s Annualized Compensation.
Appears in 2 contracts
Samples: KEMPER Corp, Unitrin Inc
Amount of Severance Payment. (a) If you become entitled to a Severance Payment under this Agreement, the Company shall pay to you a lump sum payment equal to [two (2)] [three (3)2][3] times one year’s Annualized Compensation.
Appears in 2 contracts
Samples: Confidential (Unitrin Inc), Unitrin Inc
Amount of Severance Payment. (a) If you become entitled to a Severance Payment under this Agreement, the Company shall pay to you a lump sum payment equal to [two (2)] [three (3)2][3] times one year’s 's Annualized Compensation.
Appears in 1 contract
Samples: Unitrin Inc
Amount of Severance Payment. (a) If you become entitled to a Severance Payment under this Agreement, the Company shall pay to you a lump sum payment equal to { ALTERNATIVES: [two (2)] [three (3)] } times one year’s Annualized Compensation, plus an amount equal to your Annual Bonus, divided by 12, and multiplied by the number of whole months during the relevant bonus year in which you were employed for at least one day.
Appears in 1 contract
Amount of Severance Payment. (a) If you become entitled to a Severance Payment under this Agreement, the Company shall pay to you a lump sum payment equal to {ALTERNATIVES: [two (2)] [three (3)] ]} times one year’s Annualized Compensation, plus an amount equal to your Annual Bonus, divided by 12, and multiplied by the number of whole months during the relevant bonus year in which you were employed for at least one day.
Appears in 1 contract
