Common use of Qualifying CIC Termination Clause in Contracts

Qualifying CIC Termination. On a Qualifying CIC Termination, the Executive will be eligible to receive the following payments and benefits from the Company: (i) Severance. A single, lump sum payment equal to twelve (12) months of the Executive’s Salary plus 100% of the Executive’s Target Bonus, less applicable withholdings.

Qualifying CIC Termination. On a Qualifying CIC TerminationTermination during the Change in Control Period, the Executive will be eligible to receive the following payments and benefits from the Company: (i) Salary Severance. A single, lump sum payment equal to twelve (12) months of the Executive’s Salary plus 100% of the Executive’s Target BonusSalary, less applicable withholdings.

Qualifying CIC Termination. On a Qualifying CIC Termination, the Executive will be eligible to receive the following payments and benefits from the Company: (i) Salary Severance. A single, lump sum payment equal to twelve (12) [[CEO: 18][Tier 2: 12][Tier 3: 9]] months of the Executive’s Salary plus 100% of the Executive’s Target BonusSalary, less applicable withholdings.

Qualifying CIC Termination. On a Qualifying CIC Termination, the Executive will be eligible to receive the following payments and benefits from the Company: (i) Salary Severance. A single, lump sum payment payment, less applicable withholdings, equal to twelve (12) months of the Executive’s Salary plus (such total number of months, the “Severance Period”). (ii) Bonus Severance. A single, lump sum payment equal to 100% of the Executive’s Target Bonustarget annual bonus as in effect for the fiscal year in which the Qualifying CIC Termination occurs, less applicable withholdings.

Qualifying CIC Termination. On a Qualifying CIC Termination, the Executive will be eligible to receive the following payments and benefits from the Company: (i) Salary Severance. A single, lump sum payment payment, less applicable withholdings, equal to twelve twenty-four (1224) months of the Executive’s Salary plus 100% (such total number of months, the Executive’s Target Bonus, less applicable withholdings“Severance Period”).

Qualifying CIC Termination. On a Qualifying CIC Termination, the Executive will be eligible to receive the following payments and benefits from the Company: (i) Salary Severance. A single, lump sum payment equal to twelve twenty-four (1224) months of the Executive’s Salary plus 100Salary, less applicable withholdings. (ii) Bonus Severance. A single, lump sum payment (less applicable withholdings) equal to 200% of the Executive’s Target Bonustarget annual bonus as in effect for the fiscal year in which the Qualifying CIC Termination occurs or as in effect immediately prior to the Change in Control, less applicable withholdingswhichever is greater.

Qualifying CIC Termination. On a Qualifying CIC Termination, the Executive will be eligible to receive the following payments and benefits from the Company: (i) Cash Severance. A single, lump sum payment payment, less applicable withholdings, equal to twelve the sum of (12x) 12 months of the Executive’s Salary plus 100% and (y) the portion of the Executive’s Target Bonus, less applicable withholdingstarget annual bonus as in effect for the fiscal year in which the Qualifying CIC Termination occurs prorated based on the number of days of completed service for the fiscal year in which the Executive’s employment terminates.

Qualifying CIC Termination. On a Qualifying CIC TerminationTermination during the Change in Control Period, the Executive will be eligible to receive the following payments and benefits from the Company: (i) Salary Severance. A single, lump sum payment equal to twelve eighteen (1218) months of the Executive’s Salary plus 100% of the Executive’s Target BonusSalary, less applicable withholdings.