Lump Sum Payment. Key shall pay to the Executive, within 30 business days after the Termination Date, a lump sum severance benefit equal to one and one half times the sum of (i) one year's Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Annual Incentive Compensation, and
Appears in 4 contracts
Samples: Agreement (Keycorp /New/), Agreement (Keycorp /New/), Tyson 2 Agreement (Keycorp /New/)
Lump Sum Payment. Key shall pay to the Executive, within 30 business days after the Termination Date, a lump sum severance benefit equal to one and one half times the sum of (i) one year's ’s Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Annual Short Term Incentive Compensation, and
Appears in 3 contracts
Samples: Agreement (Keycorp /New/), Agreement (Keycorp /New/), Agreement (Keycorp /New/)
Lump Sum Payment. Key shall pay to the Executive, within 30 business days after the Termination Date, a lump sum severance benefit equal to one and one half times the sum of (i) one year's ’s Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Annual Short Term Incentive Compensation plus (iii) 50% of Average Long Term Incentive Compensation, and
Appears in 2 contracts
Samples: Agreement (Keycorp /New/), Agreement (Keycorp /New/)
Lump Sum Payment. Key shall pay to the Executive, within 30 business days after the Termination Date, a lump sum severance benefit equal to one and one half three times the sum of (i) one year's ’s Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Annual Short Term Incentive Compensation, ; and
Appears in 2 contracts
Samples: Agreement (Keycorp /New/), Agreement (Keycorp /New/)
Lump Sum Payment. Key shall pay to the Executive, within 30 business days after the Termination Date, a lump sum severance benefit equal to one and one half three times the sum of (i) one year's Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Annual Incentive Compensation, ; and
Appears in 2 contracts
Samples: Agreement (Keycorp /New/), Agreement (Keycorp /New/)
Lump Sum Payment. Key shall pay to the Executive, within 30 business days after the Termination Date, a lump sum severance benefit equal to one and one half 2 1/2 times the sum of (i) one year's Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Annual Incentive Compensation, ; and
Appears in 2 contracts
Samples: Agreement (Keycorp /New/), Tyson 2 Agreement (Keycorp /New/)
Lump Sum Payment. Key shall pay to the Executive, within 30 business days after the Termination Date, a lump sum severance benefit equal to one and one half two times the sum of (i) one year's ’s Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Annual Short Term Incentive Compensation plus (iii) 50% of Average Long Term Incentive Compensation, ; and
Appears in 1 contract
Samples: Agreement (Keycorp /New/)
Lump Sum Payment. Key shall pay to the Executive, within 30 business days after the Termination Date, a lump sum severance benefit equal to one and one half three times the sum of (i) one year's Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Annual Incentive Compensation, ; and"
Appears in 1 contract
Samples: To Agreement (Keycorp /New/)
Lump Sum Payment. Key shall pay to the Executive, within 30 business days after the Termination Date, a lump sum severance benefit equal to one and one half two times the sum of (i) one year's ’s Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Annual Short Term Incentive Compensation, ; and
Appears in 1 contract
Samples: Agreement (Keycorp /New/)
Lump Sum Payment. Key shall pay to the Executive, within 30 business days after the Termination Date, a lump sum severance benefit equal to one and one half three times the sum of (i) one year's ’s Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Annual Short Term Incentive Compensation plus (iii) 50% of Average Long Term Incentive Compensation, ; and
Appears in 1 contract
Samples: Agreement (Keycorp /New/)