Common use of Multiple of Salary and Severance Incentive Clause in Contracts

Multiple of Salary and Severance Incentive. An amount equal to three (3.0) times the sum of (x) Base Salary plus (y) the Severance Incentive.

Appears in 4 contracts

Samples: Change in Control Employment Agreement, Change in Control Employment Agreement (Exelon Corp), Change in Control Employment Agreement (Exelon Corp)

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Multiple of Salary and Severance Incentive. An amount equal to three (3.0) 2.99 times the sum of (x) Base Salary plus (y) the Severance Incentive.

Appears in 4 contracts

Samples: Change in Control Employment Agreement (Baltimore Gas & Electric Co), Change in Control Employment Agreement (Exelon Corp), Change in Control Employment Agreement (Exelon Corp)

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Multiple of Salary and Severance Incentive. An amount equal to three [THREE (3.0) 3.0)/TWO AND ONE-HALF (2.5)] times the sum of (x) Base Salary plus (y) the Severance Incentive.

Appears in 1 contract

Samples: Change in Control Employment Agreement (Commonwealth Edison Co)

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