Limitation on Change of Control Severance Payments. For the avoidance of doubt, Executive acknowledges and agrees that the total amount of severance payments payable to Executive upon any Change of Control for lost Base Compensation shall not exceed 100% of his annual Base Compensation at the time of the Change of Control.
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Samples: Employment Agreement (Analysts International Corp), Employment Agreement (Analysts International Corp), Employment Agreement (Analysts International Corp)
Limitation on Change of Control Severance Payments. For the avoidance of doubt, Executive acknowledges and agrees that the total amount of severance payments payable to Executive upon any Change of Control for lost Base Compensation shall not exceed 100% of his annual Base Compensation at the time of the Change of Control.
Appears in 1 contract
