Common use of Involuntary Termination — No Change in Control Clause in Contracts

Involuntary Termination — No Change in Control. If, prior to the expiration of the Employment Period, no Change in Control has occurred in the preceding twelve (12) months and Executive is subject to an Involuntary Termination (as defined in Section 3.01.b.iv), then the Company will pay “Severance Benefits” to Executive (which shall be the sole benefits Executive is entitled to under these circumstances). The Severance Benefits will be a payment (less applicable withholdings and deductions) equivalent to 12 months of Executive’s Base Salary as in effect immediately prior to the date of Executive’s termination of employment, payable as a single lump sum within 74 days of the termination of Executive’s employment.

Involuntary Termination — No Change in Control. If, prior to the expiration of the Employment Period, no Change in Control has occurred in the preceding twelve (12) months and Executive is subject to an Involuntary Termination (as defined in Section 3.01.b.iv), then the Company will pay “"Severance Benefits” " to Executive (which shall be the sole benefits Executive is entitled to under these circumstances). The Severance Benefits will be a payment (less applicable withholdings and deductions) equivalent to 12 months of Executive’s 's Base Salary as in effect immediately prior to the date of Executive’s 's termination of employment, payable as a single lump sum within 74 days of the termination of Executive’s 's employment.

Involuntary Termination — No Change in Control. If, prior to the expiration of the Employment Period, no Change in Control has occurred in the preceding twelve inthe precedingtwelve (12) months 12)months and Executive is subject to an Involuntary Termination (as defined asdefined in Section 3.01.b.iv), then the Company will pay “"Severance Benefits” to Benefits"to Executive (which shall be the sole benefits Executive is entitled to under these circumstances). The Severance Benefits will be a payment (less applicable withholdings and deductions) equivalent to 12 months of Executive’s 's Base Salary as in effect immediately prior to the date of Executive’s 's termination of employment, payable as a single lump sum within 74 days of the termination of Executive’s 's employment.

Involuntary Termination — No Change in Control. If, prior to the expiration of the Employment Period, no Change in Control has occurred in the preceding twelve (12) months and Executive is subject to an Involuntary Termination (as defined in Section 3.01.b.iv), then the Company will pay “'Severance Benefits” ' to Executive (which shall be the sole benefits Executive is entitled to under these circumstances). The Severance Benefits will be a payment (less applicable withholdings and deductions) equivalent to 12 months of Executive’s 's Base Salary as in effect immediately prior to the date of Executive’s 's termination of employment, payable as a single lump sum within 74 days of the termination of Executive’s 's employment.