Common use of NO REDUCTION IN SEVERANCE PAYMENT Clause in Contracts

NO REDUCTION IN SEVERANCE PAYMENT. The Severance Payment shall not be reduced regardless of whether the Company can properly deduct amounts paid pursuant to Code section 280G.

Appears in 5 contracts

Samples: Employment Agreement (Viatel Inc), Employment Agreement (Viatel Inc), Employment Agreement (Viatel Inc)

AutoNDA by SimpleDocs

NO REDUCTION IN SEVERANCE PAYMENT. The Severance Payment shall not be reduced regardless of whether the Company can properly deduct amounts paid pursuant to Code section 280G.

Appears in 2 contracts

Samples: Employment Agreement (Viatel Inc), Employment Agreement (Viatel Inc)

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