Common use of Basic Severance Clause in Contracts

Basic Severance. Your heirs or estate, as the case may be, shall receive payment of the Basic Severance in a lump sum within thirty (30) days following the Termination Date unless a different payment date is prescribed by an applicable compensation, incentive or benefit plan, in which case payment shall be made in accordance with such plan;

Appears in 13 contracts

Samples: Employment Agreement (Activision Blizzard, Inc.), Employment Agreement (Activision Blizzard, Inc.), Employment Agreement (Activision Blizzard, Inc.)

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Basic Severance. Your You, your heirs or estate, as the case may be, shall receive payment of the Basic Severance in a lump sum within thirty (30) days following the Termination Date unless a different payment date is prescribed by an applicable compensation, incentive or benefit plan, in which case payment shall be made in accordance with such plan;

Appears in 1 contract

Samples: Employment Agreement (Activision Blizzard, Inc.)

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Basic Severance. Your heirs or estate, as the case may be, estate shall receive payment of the Basic Severance in a lump sum within thirty (30) days following the Termination Date unless a different payment date is prescribed by an applicable compensation, incentive or benefit plan, in which case payment shall be made in accordance with such plan;.

Appears in 1 contract

Samples: Employment Agreement (Activision Blizzard, Inc.)

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