Common use of Enhanced Severance Pay Clause in Contracts

Enhanced Severance Pay. As soon as practicable following the Termination Date, Xxxxxxx will pay Executive, in lieu of benefits otherwise described in the Xxxxxxx Xxxxxxxxx Benefits Plan, severance pay in the following amount:

Appears in 4 contracts

Samples: Employment Agreement (Kimball Electronics, Inc.), Employment Agreement (Kimball Electronics, Inc.), Employment Agreement (Kimball International Inc)

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Enhanced Severance Pay. As soon as practicable within sixty (60) days following the Termination Date, Xxxxxxx will pay Executive, in lieu of payments and benefits otherwise described in the Xxxxxxx Xxxxxxxxx Benefits Plan, severance pay in a lump sum in the following amount:

Appears in 2 contracts

Samples: Employment Agreement (Kimball Electronics, Inc.), Employment Agreement (Kimball Electronics, Inc.)

Enhanced Severance Pay. As soon as practicable following the Termination Date, Xxxxxxx will pay Executive, in lieu of benefits otherwise described in the Xxxxxxx Xxxxxxxxx Benefits Plan, severance pay in the following amountfollowing:

Appears in 2 contracts

Samples: Executive Employment Agreement (Kimball International Inc), Executive Employment Agreement (Kimball International Inc)

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Enhanced Severance Pay. As soon as practicable following the Termination DateDate and subject to Executive signing and not rescinding a general release in a form satisfactory to Xxxxxxx, Xxxxxxx will pay Executive, in lieu of benefits otherwise described in the Xxxxxxx Xxxxxxxxx Benefits Plan, severance pay in the following amountfollowing:

Appears in 1 contract

Samples: Executive Employment Agreement (Kimball International Inc)

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