Common use of Cash Severance Payment Clause in Contracts

Cash Severance Payment. Executive shall receive a lump sum payment in an amount equal to twelve (12) months of Executive’s base salary (less applicable withholding), paid within five (5) business days after the conclusion of the transition period (or after the termination date if there is no transition period requested by the Company).

Appears in 4 contracts

Samples: Executive Retention and Severance Agreement (Move Inc), Executive Retention and Severance Agreement (Move Inc), Executive Retention and Severance Agreement (Move Inc)

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Cash Severance Payment. Executive shall receive a lump sum payment in an amount equal to twelve (12) months of Executive’s 's base salary (less applicable withholding), paid within five (5) business days after the conclusion of the transition period (or after the termination date if there is no transition period requested by the Company).

Appears in 4 contracts

Samples: Executive Retention and Severance Agreement (Move Inc), Executive Retention and Severance Agreement (Move Inc), Executive Retention and Severance Agreement (Homestore Inc)

Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to twelve fifteen (1215) months of Executive’s the effective base salary (less applicable withholding), paid within five ten (510) business days after the conclusion of the transition period (or after effective date of the termination date if there is no transition period requested by the Company)Termination Upon a Change of Control.

Appears in 4 contracts

Samples: Change of Control Retention and Severance Agreement (Cepheid), Change of Control Retention and Severance Agreement (Cepheid), Change of Control Retention and Severance Agreement (Cepheid)

Cash Severance Payment. Executive shall receive a lump sum payment in ---------------------- an amount equal to twelve (12) months of Executive’s 's base salary (less applicable withholding), paid within five (5) business days after the conclusion of the transition period (or after the termination date if there is no transition period requested by the Company).

Appears in 3 contracts

Samples: Executive Retention and Severance Agreement (Homestore Com Inc), Executive Retention and Severance Agreement (Homestore Com Inc), Executive Retention and Severance Agreement (Homestore Com Inc)

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Cash Severance Payment. Executive shall receive a lump sum payment in an amount equal to twelve (12) months of Executive’s base salary (less applicable withholding), paid within five (5) business days after the conclusion of the transition period (or after the termination date if there is no transition period requested by the Company.).

Appears in 1 contract

Samples: Executive Retention and Severance Agreement (Move Inc)

Cash Severance Payment. Executive shall receive a lump sum payment in ---------------------- an amount equal to twelve (12) months of Executive’s 's base salary (less applicable withholding), paid within five (5) business days after the conclusion of the transition period (or after the Executive's termination date if there is no transition period requested by the Company)date.

Appears in 1 contract

Samples: Executive Retention and Severance Agreement (Homestore Com Inc)

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