Common use of Lump Sum Severance Payment Clause in Contracts

Lump Sum Severance Payment. Within thirty (30) days following Executive’s termination, payment of an amount equal to twelve (12) months of Executive’s then-current Base Salary less all customary and required taxes and employment-related deductions.

Appears in 4 contracts

Samples: Severance and Change of Control Agreement (Synta Pharmaceuticals Corp), Severance and Change of Control Agreement (Synta Pharmaceuticals Corp), Severance and Change of Control Agreement (Synta Pharmaceuticals Corp)

AutoNDA by SimpleDocs

Lump Sum Severance Payment. Within thirty On the sixtieth (3060th) days day following Executive’s termination, payment of an amount equal to twelve (12) months of Executive’s then-current Base Salary less all customary and required taxes and employment-related deductions.

Appears in 2 contracts

Samples: Severance and Change of Control Agreement (Synta Pharmaceuticals Corp), Severance and Change of Control Agreement (Synta Pharmaceuticals Corp)

Lump Sum Severance Payment. Within thirty (30) days following Executive’s 's termination, payment of an amount equal to twelve (12) months of Executive’s 's then-current Base Salary less all customary and required taxes and employment-related deductions.

Appears in 1 contract

Samples: Severance and Change of Control Agreement (Synta Pharmaceuticals Corp)

AutoNDA by SimpleDocs

Lump Sum Severance Payment. Within thirty On the sixtieth (3060th) days day following Executive’s termination, payment of an amount equal to twelve eighteen (1218) months of Executive’s then-current Base Salary less all customary and required taxes and employment-related deductions.

Appears in 1 contract

Samples: Severance and Change of Control Agreement (Synta Pharmaceuticals Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!