Consideration for Agreement from Company. In return for this Agreement, and in full and final settlement, compromise, and release of any and all claims that Employee has or may have against the Released Parties (as defined below in Paragraph 3), including Company (as described in Paragraph 3 below), and provided that Employee complies with the obligations under this Agreement, Employer shall pay and provide Employee the payments and benefits described in Sections 9(a)(i)-(ii) of the Employment Agreement.
Consideration for Agreement from Company. 2.1 In return for this Agreement and in full and final settlement, compromise, and release of all of Employee’s claims (as described in Section 3 below), Company agrees to pay as severance to Employee the following, in accordance with Section 9(d) of the Employment Agreement: the sum of Two Million Five Hundred Fifty Thousand Dollars and No Cents ($2,550,000.00), less applicable federal and state withholding and all other ordinary payroll deductions, to be paid in accordance with Company’s ordinary payroll practices over a period of approximately eighteen (18) months following expiration of the seven day revocation period noted in Section 4.11 (subject to delay as provided in the Employment Agreement), and only if Employee does not revoke this Agreement, and shall continue until paid in full (the “Severance Pay Period”). Employee hereby acknowledges the sufficiency of this payment from Company. Notwithstanding anything to the contrary herein, any amounts that could have been paid prior to the expiration of the aforementioned seven-day revocation period had this Agreement been executed immediately following the Employee’s Separation Date, shall be paid as soon as practicable following the actual expiration of the seven-day revocation period, consistent with Section 9(d)(v) of the Employment Agreement. In addition, because the 90-day period during which payments of severance must commence under the terms of Section 9(d)(v) of the Employment Agreement (if payable hereunder) begins and ends within the 2014 calendar year, no delay in payments is required under Section 9(d)(v) of the Employment Agreement, and, because all severance payments to be made during the period of six months following the Employee’s Separation Date are exempt from Code Section 409A, by reason of the short-term deferral and/or separation pay exemptions found in Treasury Regulation Section 1.409A-1(b)(4) and (9), respectively, no delay of any such severance payments shall be required by reason of the provisions of Section 18 of the Employment Agreement regarding payments to “specified employees.”
Consideration for Agreement from Company. In return for this Agreement and in full and final settlement, compromise, and release of all of Employee’s claims (as described in Section 3 below), Company agrees to provide the following consideration:
Consideration for Agreement from Company. 2.1 In return for this Agreement and in full and final settlement, compromise, and release of all of Employee’s claims (as described in Section 4 below), CCOH agrees to pay as severance to Employee the total amount of of Two Million Five Hundred Forty-Seven Thousand Six Hundred Dollars and no/100 Cents ($2,547,600.00), (the “Severance Payment”), as follows:
Consideration for Agreement from Company. 2.1 In return for this Agreement and in full and final settlement, compromise, and release of all of Employee's claims (as described in Section 3 below), Company agrees to pay as severance to Employee the following, in accordance with Section 9(d) of the Employment Agreement: the sum of __________________Dollars and ___________Cents ($ ), less applicable federal and state withholding and all other ordinary payroll deductions, to be paid in accordance with Company’s ordinary payroll practices over a period of approximately eighteen (18) months following expiration of the seven day revocation period noted in Section 4.11 (subject to delay as provided in the Employment Agreement), and only if Employee does not revoke this Agreement, and shall continue until paid in full (the “Severance Pay Period”). Employee hereby acknowledges the sufficiency of this payment from Company.
Consideration for Agreement from Company. 2.1 In return for this Agreement and in full and final settlement, compromise, and release of all of Employee’s claims (as described in Section 3 below), Company agrees to pay as severance to Employee the sum of Two Hundred Seventy Thousand Dollars and 00/100 Cents ($270,000.00), less applicable federal and state withholding and all other ordinary payroll deductions, to be paid in accordance with Company’s ordinary payroll practices over a period of approximately twelve months. These payments will begin on Company’s next regularly scheduled pay date following the expiration of the seven-day revocation period noted in 4.11, and only if Employee does not revoke this Agreement, and shall continue until paid in full (the “Severance Pay Period”). Employee hereby acknowledges the sufficiency of this payment from Company.
Consideration for Agreement from Company. (a) In return for this Agreement and in full and final settlement, compromise, and release of all of Employee’s claims (as described in Section 3 below), and provided Employee does not revoke this Agreement, Company agrees to pay as severance to Employee on the date that is 60 days after the Termination Date (the “Payment Date”) the sum of (i) $ (the “Severance Payment”) plus (ii) $ (the “Pro-Rata Bonus”). Both the Severance Payment and the Pro-Rata Bonus shall be subject to applicable federal and state withholding and all other ordinary payroll deductions. Employee hereby acknowledges the sufficiency of these payments from Company.1
Consideration for Agreement from Company. In return for this Agreement and in full and final settlement, compromise, and release of all of Employee’s claims (as described in Section 4 below), and for other valuable consideration described herein, Company agrees to provide the following consideration, provided, in each case, that relevant payments and/or benefits will be (i) only if the seven-day revocation period noted in Section 6.10 has passed and only if Employee does not revoke this Agreement; and (ii) subject to all applicable federal and state withholding and all other ordinary payroll deductions:
Consideration for Agreement from Company
