Common use of Excess Severance Payment Clause in Contracts

Excess Severance Payment. The term "Excess Severance Payment" shall have the same meaning as the term "excess parachute payment" defined in Section 280G(b)(1) of the Code.

Appears in 17 contracts

Samples: Change in Control Agreement (Interface Inc), Change in Control Agreement (Interface Inc), Change in Control Agreement (Interface Inc)

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Excess Severance Payment. The term "Excess Severance Payment" shall have the same meaning as the term "excess parachute payment" defined in Section 280G(b)(1) of the Code.

Appears in 6 contracts

Samples: Executive Protection Agreement (Ems Technologies Inc), Executive Protection Agreement (Ems Technologies Inc), Executive Protection Agreement (Ems Technologies Inc)

Excess Severance Payment. The term "Excess Severance Payment" shall have the same meaning as the term "excess parachute payment" defined in Section 280G(b)(1280G(b)(l) of the Code.

Appears in 4 contracts

Samples: Change in Control Agreement (Interface Inc), Change in Control Agreement (Interface Inc), Change in Control Agreement (Interface Inc)

Excess Severance Payment. The term "Excess Severance Payment" shall have the same meaning as the term "excess parachute payment" defined in Section 280G(b)(1280G(b) (1) of the Code.

Appears in 2 contracts

Samples: Employment Agreement (Ems Technologies Inc), Executive Employment Agreement (Ems Technologies Inc)

Excess Severance Payment. The term "Excess Severance Payment" shall have the same meaning as the term "excess parachute payment" defined in Section 280G(b)(1280G(b) (1) of the Code.

Appears in 1 contract

Samples: Executive Employment Agreement (National Vision Associates LTD)

Excess Severance Payment. The term "Excess Severance Payment" shall have the same meaning as the term "excess parachute payment" defined in Section 280G(b)(1280G(b)(l) of the Code.

Appears in 1 contract

Samples: Change in Control Agreement (Interface Inc)

Excess Severance Payment. The term "Excess Severance Payment" shall have the same meaning as the term "excess parachute payment" defined in Section 280G(b)(1280G(b)(l) of the Code.

Appears in 1 contract

Samples: Executive Severance Agreement (Ace LTD)

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Excess Severance Payment. The term "Excess Severance PaymentEXCESS SEVERANCE ------------------------ PAYMENT" shall have the same meaning as the term "excess parachute payment" defined in Section 280G(b)(1) of the Code.

Appears in 1 contract

Samples: Change in Control Agreement (Suburban Lodges of America Inc)

Excess Severance Payment. The term "Excess Severance PaymentEXCESS SEVERANCE PAYMENT" -------------------------- shall have the same meaning as the term "excess parachute payment" defined in Section 280G(b)(1) of the Code.

Appears in 1 contract

Samples: Change in Control Agreement (Miller Industries Inc /Tn/)

Excess Severance Payment. The term "Excess Severance Payment" shall have the same meaning as the term "excess parachute payment" defined in Section 280G(b)(1280G(b)(l) of the Code.

Appears in 1 contract

Samples: Executive Protection Agreement (Ems Technologies Inc)

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