Common use of Cash Severance Clause in Contracts

Cash Severance. The Corporation shall pay the Executive, as severance, the equivalent of nine (9) months of the Executive’s Base Salary as in effect as of the date of such termination, payable in the form of salary continuation, on the Corporation’s regular payroll dates, subject to standard payroll deductions and withholdings, starting on the 60th day after the Executive’s termination date, with the first payment to include those payments that would have occurred earlier but for the 60-day delay.

Cash Severance. The Corporation Company shall pay Executive cash severance payments (as applicable, the “Severance”) as follows: i. In the event that Executive’s Involuntary Termination occurs outside of the Change in Control Period, as severance, Executive shall receive the equivalent of nine six (96) months of the Executive’s Base Salary as in effect as of the date of such terminationSeparation Date; or ii. In the event, payable in the form of salary continuationhowever, on the Corporation’s regular payroll dates, subject to standard payroll deductions and withholdings, starting on the 60th day after the that Executive’s termination dateInvoluntary Termination occurs within the Change in Control Period, with Executive shall receive the first payment to include those payments that would have occurred earlier but for equivalent of twelve (12) months of Executive’s Base Salary in effect as of the 60-day delaySeparation Date.

Cash Severance. The Corporation shall pay the Executive, as severance, the equivalent of nine twenty-four (924) months of the Executive’s Base Salary as in effect as of the date of such termination, payable in the form of salary continuation, on the Corporation’s regular payroll dates, subject to standard payroll deductions and withholdings, starting on the 60th day after the Executive’s termination date, with the first payment to include those payments that would have occurred earlier but for the 60-day delay.

Cash Severance. The Corporation shall pay the Executive, as severance, the equivalent of nine twelve (912) months of the Executive’s Base Salary as in effect as of the date of such termination, payable in the form of salary continuation, on the Corporation’s regular payroll dates, subject to standard payroll deductions and withholdings, starting on the 60th day after the Executive’s termination date, with the first payment to include those payments that would have occurred earlier but for the 60-day delay.