Change of Control Termination Payment. (a) In the event of a Change of Control Termination, Ceridian shall make a lump sum severance payment to Executive in an amount equal to three times the sum of (1), (2) and (3) below:
Appears in 5 contracts
Samples: Executive Employment Agreement (Comdata Network, Inc. Of California), Executive Employment Agreement (Comdata Network, Inc. Of California), Executive Employment Agreement (Comdata Network, Inc. Of California)
Change of Control Termination Payment. (a) In the event of a Change of Control Termination, Ceridian shall shall, within five days of such termination, make a lump sum severance payment to Executive in an amount equal to three times the sum of (1), (2) and (3) below:
Appears in 5 contracts
Samples: Employment Agreement (Ceridian Corp /De/), Executive Employment Agreement (Ceridian Corp /De/), Employment Agreement (Ceridian Corp /De/)
Change of Control Termination Payment. (a) In the event of a Change of Control Termination, Ceridian shall shall, within five days of such termination, make a lump sum severance payment to Executive in an amount equal to three times the sum of (1), ) and (2) and (3) below:
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