Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to fifteen (15) months of Executive’s effective base salary (less applicable withholding), paid within ten (10) business days of the effective date of the Termination Upon a Change of Control.
Appears in 2 contracts
Samples: Change of Control Retention and Severance Agreement (Cepheid), Change of Control Retention and Severance Agreement (Cepheid)
Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to fifteen eighteen (1518) months of Executive’s 's the effective base salary (less applicable withholding), paid within ten (10) business days of the effective date of the Termination Upon a Change of Control.
Appears in 2 contracts
Samples: Change of Control Retention and Severance Agreement (Cepheid), Change of Control Retention and Severance Agreement (Cepheid)
Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to fifteen twelve (1512) months of Executive’s 's effective base salary (less applicable withholding), paid within ten (10) business days of the effective date of the Termination Upon a Change of Control.
Appears in 2 contracts
Samples: Change of Control Retention and Severance Agreement (Cepheid), Change of Control Retention and Severance Agreement (Cepheid)
Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to fifteen eighteen (1518) months of Executive’s effective base salary (less applicable withholding), paid within ten (10) business days of the effective date of the Termination Upon a Change of Control.
Appears in 1 contract
Samples: Change of Control Retention and Severance Agreement (Cepheid)
Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to fifteen (15i) [twelve (12)/fifteen (15)/eighteen (18)] months of Executive’s then-effective annual base salary plus (ii) 100% of the target bonus for which the Executive would have been eligible during the year of termination pursuant to the Company’s then-effective Key Employee Incentive Plan or equivalent cash incentive bonus plan (less applicable withholding), paid within ten (10) business days of the effective date of the Termination Upon a Change of Control.
Appears in 1 contract
Samples: Change of Control Retention and Severance Agreement (Cepheid)
Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to fifteen eighteen (1518) months of Executive’s effective base salary (less applicable withholding), paid within ten (10) business days of the effective date of the Termination Upon a Change of Control.
Appears in 1 contract
Samples: Change of Control Retention and Severance Agreement (Cepheid)
Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to fifteen (15) months of Executive’s effective base salary (less applicable withholding), paid within ten (10) business days of the effective date of the Termination Upon a Change of Control.
Appears in 1 contract
Samples: Change of Control Retention and Severance Agreement (Cepheid)
Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to fifteen (15) months of Executive’s 's effective base salary (less applicable withholding), paid within ten (10) business days of the effective date of the Termination Upon a Change of Control.
Appears in 1 contract
Samples: Change of Control Retention and Severance Agreement (Cepheid)
Cash Severance Payment. Provided that Executive complies with Section 5 below7 below prior to the forty-fifth (45th) day following such termination, Executive shall receive a lump sum cash payment in an amount equal to fifteen eighteen (1518) months of Executive’s 's then effective base salary (less applicable withholding), paid within ten on the first payroll date which is forty-five (1045) business days of after the effective date of the Termination Upon a Change of Controltermination.
Appears in 1 contract
Samples: Executive Incentive, Change of Control Retention and Severance Agreement (Solar Enertech Corp)
Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash ---------------------- payment in an amount equal to fifteen six (156) months of Executive’s effective 's base salary (less applicable withholding), paid within ten (10) business days of the effective date of the Termination Upon a Change of Control.
Appears in 1 contract
Samples: Executive Retention and Severance Agreement (Homestore Com 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 fifteen twelve (1512) months of Executive’s effective base salary (less applicable withholding), paid within ten (10) business days of the effective date of the Termination Upon a Change of Control.
Appears in 1 contract
Samples: Change of Control Retention and Severance Agreement