Common use of Enhanced Severance Payments Clause in Contracts

Enhanced Severance Payments. If Executive's employment is terminated following a Change in Control pursuant to a Termination for Good Reason or a Termination Without Cause, the Severance Benefit payable to Executive pursuant to Paragraph 6 shall be equal to two times the sum of Executive's annual Base Salary and the Bonus Severance Amount.

Appears in 3 contracts

Samples: Employment Agreement (Aetna Inc), Employment Agreement (Aetna Inc /Pa/), Employment Agreement (Aetna Inc)

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Enhanced Severance Payments. If Executive's ___________________________ employment is terminated following a Change in Control pursuant to a Termination for Good Reason or a Termination Without Cause, the Severance Benefit payable to Executive pursuant to Paragraph 6 shall be equal to two three times the sum of Executive's annual Base Salary and the Bonus Severance Amount.

Appears in 2 contracts

Samples: Employment Agreement (Aetna Life & Casualty Co), Employment Agreement (Aetna Life & Casualty Co)

Enhanced Severance Payments. If Executive's employment ___________________________ is terminated following a Change in Control pursuant to a Termination for Good Reason or a Termination Without Cause, the Severance Benefit payable to Executive pursuant to Paragraph 6 shall be equal to two three times the sum of Executive's annual Base Salary and the Bonus Severance Amount.

Appears in 1 contract

Samples: Employment Agreement (Aetna Life & Casualty Co)

Enhanced Severance Payments. If Executive's employment ___________________________ is terminated following a Change in Control sale of the Company's property and casualty business pursuant to a Termination for Good Reason or a Termination Without Cause, the Severance Benefit payable to Executive pursuant to this Paragraph 6 shall be equal to two three times the sum of Executive's annual Base Salary and the Bonus Severance Amount.

Appears in 1 contract

Samples: Employment Agreement (Aetna Life & Casualty Co)

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Enhanced Severance Payments. If Executive's __________________________ employment is terminated following a Change in Control pursuant to a Termination for Good Reason or a Termination Without Cause, the Severance Benefit payable to Executive pursuant to Paragraph 6 shall be equal to two three times the sum of Executive's annual Base Salary and the Bonus Severance Amount.

Appears in 1 contract

Samples: Employment Agreement (Aetna Life & Casualty Co)

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