Common use of Event of Termination Without Change of Control Clause in Contracts

Event of Termination Without Change of Control. Upon the ---------------------------------------------- occurrence of an Event of Termination, other than after a Change of Control as provided in paragraph 7(c) hereof, Employee, or in the event of her subsequent death, her designated beneficiary or beneficiaries, or her estate, as the case may be, shall receive, as liquidated damages, in lieu of all other claims, a severance payment equal to Employee's Total Compensation (defined as the sum of the then current Base Salary plus any Incentive Compensation paid to Employee during the immediately preceding twelve (12) months), to be paid in full on the last day of the month -- following the date of said Event of Termination.

Event of Termination Without Change of Control. Upon the ---------------------------------------------- occurrence of an Event of Termination, other than after a Change of Control as provided in paragraph 7(c) hereof, Employers shall pay to Employee, or in the event of her his subsequent death, her to his designated beneficiary or beneficiaries, or her to his estate, as the case may be, shall receive, as liquidated damages, in lieu of all other claims, a severance payment equal to three (3) times Employee's Total Compensation (defined as the sum of the - then current Base Salary plus any Incentive Compensation paid to Employee during the immediately preceding twelve (12) months), to be paid in full on -- the last day of the month -- following the date of said Event of Termination.

Event of Termination Without Change of Control. Upon the ---------------------------------------------- occurrence of an Event of Termination, other than after a Change of Control as provided in paragraph 7(c) hereof, Employers shall pay to Employee, or in the event of her his subsequent death, her to his designated beneficiary or beneficiaries, or her to his estate, as the case may be, shall receive, as liquidated damages, in lieu of all other claims, a severance payment equal to three (3) times Employee's Total Compensation (defined as the sum of the - then current Base Salary plus any Incentive Compensation paid to Employee during the immediately preceding twelve (12) months), to be paid in full on -- the last day of the month -- following the date of said Event of Termination.

Event of Termination Without Change of Control. Upon the ---------------------------------------------- occurrence of an Event of Termination, other than after a Change of Control as provided in paragraph 7(c) hereof, Employers shall pay to Employee, or in the event of her his subsequent death, her to his designated beneficiary or beneficiaries, or her to his estate, as the case may be, shall receive, as liquidated damages, in lieu of all other claims, a severance payment equal to one and a half (1 1/2) times Employee's Total Compensation (defined as the sum of the then current Base Salary plus any Incentive Compensation paid to Employee during the immediately preceding twelve (12) months)) paid to -- Employee during the immediately preceding twelve (12) months, to be paid in -- full on the last day of the month -- following the date of said Event of Termination.