Common use of Basic Severance Compensation Clause in Contracts

Basic Severance Compensation. Executive shall receive all salary and ---------------------------- accrued vacation (less applicable withholding) earned through the conclusion of the transition period (or termination date if there is no transition period requested by the Company), and the benefits, if any, under Company benefit plans to which Executive may be entitled pursuant to the terms of such plans. In addition, the Company shall pay 100% of the Executive's COBRA premiums for the same or reasonably equivalent medical coverage he had on the date of his termination for a period not to exceeds the earlier of one year following termination or until Executive becomes eligible for medical insurance coverage at a new employer.

Basic Severance Compensation. Executive shall receive all salary and ---------------------------- accrued vacation (less applicable withholding) earned through the conclusion of the transition period (or termination date if there is no transition period requested by the Company), and the benefits, if any, under Company benefit plans to which Executive may be entitled pursuant to the terms of such plans. In addition, the Company shall pay 100% of the Executive's ’s COBRA premiums for the same or reasonably equivalent medical coverage he had on the date of his termination for a period not to exceeds exceed the earlier of one (1) year following termination or until Executive becomes eligible for medical insurance coverage at a new employer.

Basic Severance Compensation. Executive shall receive all salary and ---------------------------- accrued vacation (less applicable withholding) earned through the conclusion of the transition period (or termination date if there is no transition period requested by the Company), and the benefits, if any, under Company benefit plans to which Executive may be entitled pursuant to the terms of such plans. In addition, the Company shall pay 100% of the Executive's COBRA premiums for the same or reasonably equivalent medical coverage he had on the date of his termination for a period not to exceeds exceed the earlier of one year following termination or until Executive becomes eligible for medical insurance coverage at a new employer.

Basic Severance Compensation. Executive shall receive all salary and ---------------------------- accrued vacation (less applicable withholding) earned through the conclusion of the transition period (or termination date if there is no transition period requested by the Company), and the benefits, if any, under Company benefit plans to which Executive may be entitled pursuant to the terms of such plans. In addition, the Company shall pay 100% of the Executive's ’s COBRA premiums for the same or reasonably equivalent medical coverage he Executive had on the date of his Executive’s termination for a period not to exceeds exceed the earlier of one (1) year following termination or until Executive becomes eligible for medical insurance coverage at a new employer.

Basic Severance Compensation. Executive shall receive all salary and ---------------------------- accrued vacation (less applicable withholding) earned through the conclusion of the transition period (or termination date if there is no transition period requested by the Company), and the benefits, if any, under Company benefit plans to which Executive may be entitled pursuant to the terms of such plans. In addition, the Company shall pay 100% of the Executive's COBRA premiums for the same or reasonably equivalent medical coverage he had on the date of his termination for a period not to exceeds exceed the earlier of one (1) year following termination or until Executive becomes eligible for medical insurance coverage at a new employer.

Basic Severance Compensation. Executive shall receive all salary and ---------------------------- accrued vacation (less applicable withholding) earned through the conclusion of the transition period (or termination date if there is no transition period requested by the Company), and the benefits, if any, under Company benefit plans to which Executive may be entitled pursuant to the terms of such plans. In addition, the Company shall pay 100% of the Executive's COBRA premiums for the same or reasonably equivalent medical coverage he Executive had on the date of his Executive’s termination for a period not to exceeds exceed the earlier of one (1) year following termination or until Executive becomes eligible for medical insurance coverage at a new employer.