Basic Severance Payment. (a) If the Executive incurs a Qualifying Termination, the Company shall pay to the Executive a cash amount equal to 200% of the Base Amount. The Base Amount shall be an amount equal to the greater of
Appears in 7 contracts
Samples: Executive Severance Agreement (Gte Corp), Executive Severance Agreement (Gte Northwest Inc), Executive Severance Agreement (Gte Southwest Inc)
Basic Severance Payment. (a) If the Executive incurs a Qualifying Termination, the Company shall pay to the Executive a cash amount equal to 200% of the Base Amount. The Base Amount shall be an amount equal to the greater of:
Appears in 5 contracts
Samples: Executive Severance Agreement (Gte Corp), Executive Severance Agreement (Gte North Inc), Executive Severance Agreement (Gte Southwest Inc)