Common use of Basic Severance Compensation Clause in Contracts

Basic Severance Compensation. In the event of the Executive's Termination Upon Change of Control, Executive shall be entitled to the basic severance compensation described below. 2.1.1 All salary and accrued vacation earned through the date of Executive's termination shall be paid to Executive. 2.1.2 Within ten (10) days of submission of proper expense reports by the Executive, the Company shall reimburse the Executive for all expenses reasonably and necessarily incurred by the Executive in connection with the business of the Company prior to Executive's termination of employment. 2.1.3 Executive shall receive the benefits, if any, under the Company's 401(k) Plan, nonqualified deferred compensation plan, employee stock purchase plan and

Basic Severance Compensation. In the event of the an Executive's Termination Upon Change of Control, an Executive shall be entitled to the basic severance compensation described below. 2.1.1 All salary and accrued vacation earned through the date of an Executive's termination shall be paid to Executive. 2.1.2 Within ten (10) days of submission of proper expense reports by the an Executive, the Company shall reimburse the an Executive for all expenses reasonably and necessarily incurred by the an Executive in connection with the business of the Company prior to an Executive's termination of employment. 2.1.3 An Executive shall receive the benefits, if any, under the Company's 401(k) Plan, nonqualified deferred compensation plan, employee stock purchase plan andand other Company benefit plans to which an Executive may be entitled pursuant to the terms of such plans.

Basic Severance Compensation. In the event of the Executive's Termination Upon Change of Control, Executive shall be entitled to the basic severance compensation described below. 2.1.1 All salary and accrued vacation earned through the date of Executive's termination shall be paid to Executive. 2.1.2 Within ten (10) days of submission of proper expense reports by the Executive, the Company shall reimburse the Executive for all expenses reasonably and necessarily incurred by the Executive in connection with the business of the Company prior to Executive's termination of employment. 2.1.3 Executive shall receive the benefits, if any, under the Company's 401(k) Plan, nonqualified deferred compensation plan, employee stock purchase plan andand other Company benefit plans to which Executive may be entitled pursuant to the terms of such plans.