Common use of Continuing Severance Payments Clause in Contracts

Continuing Severance Payments. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary rate, as then in effect, for six (6) months from the date of such termination of employment to be paid periodically in accordance with the Company’s normal payroll policies.

Appears in 19 contracts

Samples: Change of Control and Severance Agreement (Veracyte, Inc.), Change of Control and Severance Agreement (Veracyte, Inc.), Change of Control and Severance Agreement (Veracyte, Inc.)

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Continuing Severance Payments. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary rate, as then in effect, for six twelve (612) months from the date of such termination of employment to be paid periodically in accordance with the Company’s normal payroll policies.

Appears in 6 contracts

Samples: Change of Control and Severance Agreement (Veracyte, Inc.), Change of Control and Severance Agreement (Veracyte, Inc.), Change of Control and Severance Agreement (Veracyte, Inc.)

Continuing Severance Payments. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary rate, as then in effecteffect (or, if such termination is due to Executive’s resignation for Good Reason due to a decrease in Executive’s base salary, the base in effect prior to such reduction), for six twelve (612) months from the date of such termination of employment employment, to be paid periodically in accordance with the Company’s normal payroll policies.

Appears in 2 contracts

Samples: Change of Control and Severance Agreement (CareDx, Inc.), Change of Control and Severance Agreement (CareDx, Inc.)

Continuing Severance Payments. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary rate, as then in effect, for six twelve (612) months from the date of such termination of employment employment, to be paid periodically in accordance with the Company’s normal payroll policies.

Appears in 1 contract

Samples: Change of Control and Severance Agreement (Audience Inc)

Continuing Severance Payments. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary rate, as then in effect, for six (6) months from the date a period of such termination of employment to be paid periodically in accordance with the Company’s normal payroll policies.[CEO: twelve

Appears in 1 contract

Samples: Change of Control and Severance Agreement (Vital Therapies Inc)

Continuing Severance Payments. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary rate, as then in effect, for six (6) months from the date of such termination of employment to be paid periodically in accordance with the Company’s normal payroll policies.. CIC rev 5.15

Appears in 1 contract

Samples: Change of Control and Severance Agreement (Veracyte, Inc.)

Continuing Severance Payments. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary rate, as then in effecteffect immediately prior to Executive’s termination of employment, for six a period of twelve (612) months from the date of such termination of employment to be paid periodically in accordance with the Company’s normal payroll policiesmonths.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (A10 Networks, Inc.)

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Continuing Severance Payments. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary rate, as then in effect, for [FOR EXECUTIVES: six (6) months months/FOR CEO: twelve (12) months] from the date of such termination of employment employment, to be paid periodically in accordance with the Company’s normal payroll policies.

Appears in 1 contract

Samples: Change of Control and Severance Agreement (CareDx, Inc.)

Continuing Severance Payments. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary rate, as then in effect, for six nine (69) months from the date of such termination of employment employment, to be paid periodically in accordance with the Company’s normal payroll policies.

Appears in 1 contract

Samples: Change of Control and Severance Agreement (Audience Inc)

Continuing Severance Payments. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary rate, as then in effecteffect immediately prior to Executive’s termination of employment, for six a period of [CEO: twelve (612) months from the date of such termination of employment to be paid periodically in accordance with the Company’s normal payroll policies/ Other Executives: nine (9) months].

Appears in 1 contract

Samples: Change in Control and Severance Agreement (A10 Networks, Inc.)

Continuing Severance Payments. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary rate, as then in effect, for six (6) months from the date of such termination of employment employment, to be paid periodically in accordance with the Company’s normal payroll policies.

Appears in 1 contract

Samples: Change of Control and Severance Agreement (Audience Inc)

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