Cash Severance Benefit. The Company shall pay in a lump sum an amount equal to [Officer/SVP: eighteen (18) months of Executive’s][VP/SD: twelve (12) months of Employee’s] Base Salary, to be paid within ten (10) business days following the Release Effective Date (as defined in Section 6).
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Samples: Control Severance Benefits Agreement, Change of Control Severance Benefits Agreement (Medivation, Inc.)
Cash Severance Benefit. The Company shall pay in a lump sum an amount equal to [Officer/SVP: eighteen twenty-four (1824) months of Executive’s][VP/SD: twelve (12) months of Employee’s] Executive’s Base Salary, to be paid within ten (10) business days following the Release Effective Date (as defined in Section 6).
Appears in 1 contract
Samples: Change of Control Severance Benefits Agreement (Medivation, Inc.)
Cash Severance Benefit. The Company shall pay in a lump sum an amount equal to [Officer/SVP: eighteen (18) months of Executive’s][VP/SD: twelve (12) months of Employee’s] Executive’s Base Salary, to be paid within ten (10) business days following the Release Effective Date (as defined in Section 6).
Appears in 1 contract
