Common use of Annual Allowance Clause in Contracts

Annual Allowance. The Corporation shall pay to the Executive, in cash, in a lump sum, on the Payment Date an amount equal to two times the annual allowance to which the Executive is entitled as of the date of the Date of Termination (or, if higher, as of immediately prior to the Effective Date).

Annual Allowance. The Corporation shall pay to the Executive, in cash, in a lump sum, on the Payment Date an amount equal to two and one half (2.5) times the annual allowance to which the Executive is entitled as of the date of the Date of Termination (or, if higher, as of immediately prior to the Effective Date).

Annual Allowance. The Corporation shall pay to the Executive, in cash, in a lump sum, on Executive no later than the Payment Date an amount equal equivalent to two times the annual allowance to which the Executive he is entitled as of the date of the Date Notice of Termination (or, if higher, as of immediately prior to the Effective Date)Termination.

Annual Allowance. The Corporation shall pay to the Executive, in cash, in a lump sum, on Executive no later than the Payment Date an amount equal equivalent to two times the annual allowance to which the Executive she is entitled as of the date of the Date Notice of Termination (or, if higher, as of immediately prior to the Effective Date)Termination.

Annual Allowance. The Corporation shall pay to the Executive, in cash, in a lump sum, on the Payment Date an amount equal to two three times the annual allowance to which the Executive is entitled as of the date of the Date of Termination (or, if higher, as of immediately prior to the Effective Date).