Common use of DISCRETIONARY SEVERANCE BENEFITS Clause in Contracts

DISCRETIONARY SEVERANCE BENEFITS. In the event of Executive’s termination of employment for any reason other than for Cause, the Board of Directors (including any committee thereof) shall use its best efforts to meet as promptly as practicable within 30 days following any such termination, and shall determine in its sole discretion whether to award Executive any additional severance benefits not otherwise provided under this Section 8 (“Additional Severance”). For example, such Additional Severance benefit may consist of a pro-rata portion of the Executive’s annual bonus for the performance year in which the Executive’s termination occurs, with such pro-rata portion calculated based upon the number of days that Executive was employed during such performance year divided by the total number of days in such performance year. The determination whether to award any Additional Severance, and the amount of any Additional Severance (if awarded) shall be made by the Board (including any committee thereof) in its sole and absolute discretion, and nothing in this Section 8(f) obligates the Board or any committee thereof to award any Additional Severance under any

DISCRETIONARY SEVERANCE BENEFITS. In the event of Executive’s termination of employment for any reason other than for Cause, the Board of Directors (including any committee thereof) shall use its best efforts to meet as promptly as practicable within 30 days following any such termination, and shall determine in its sole discretion whether to award Executive any additional severance benefits not otherwise provided under this Section 8 (“Additional Severance”). For example, such Additional Severance benefit may consist of a pro-rata portion of the Executive’s annual bonus for the performance year in which the Executive’s termination occurs, with such pro-rata portion calculated based upon the number of days that Executive was employed during such performance year divided by the total number of days in such performance year. The determination whether to award any Additional Severance, and the amount of any Additional Severance (if awarded) shall be made by the Board (including any committee thereof) in its sole and absolute discretion, and nothing in this Section 8(f) obligates the Board or any committee thereof to award any Additional Severance under anyany circumstances. The Company shall pay any Additional Severance (if awarded) within 30 days of such determination by the Board of Directors (including any committee thereof) to make such award.

DISCRETIONARY SEVERANCE BENEFITS. In the event of Executive’s termination of employment for any reason other than for Cause, the Board of Directors (including any committee thereof) shall use its best efforts to meet as promptly as practicable within 30 days following any such termination, and shall determine in its sole discretion whether to award Executive any additional severance benefits not otherwise provided under this Section 8 (“Additional Severance”). For example, such Additional Severance benefit may consist of a pro-rata portion of the Executive’s annual bonus for the performance year in which the Executive’s termination occurs, with such pro-rata portion calculated based upon the number of days that Executive was employed during such performance year divided by the total number of days in such performance year. The determination whether to award any Additional Severance, and the amount of any Additional Severance (if awarded) shall be made by the Board (including any committee thereof) in its sole and absolute discretion, and nothing in this Section 8(f) obligates the Board or any committee thereof to award any Additional Severance under anyany circumstances. The Company shall pay any Additional Severance (if awarded) within 30 days of