Qualifying Non-CIC Termination. On a Qualifying Non-CIC Termination (as defined below), 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 (as defined below), less applicable withholdings.
Appears in 3 contracts
Samples: Change in Control and Severance Agreement (Udemy, Inc.), Change in Control and Severance Agreement (Udemy, Inc.), Change in Control and Severance Agreement (Udemy, Inc.)
Qualifying Non-CIC Termination. On a Qualifying Non-CIC Termination (as defined below), 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 (as defined below), less applicable withholdings.
Appears in 2 contracts
Samples: Change in Control and Severance Agreement (Netgear, Inc.), Change in Control and Severance Agreement (Outset Medical, Inc.)
Qualifying Non-CIC Termination. On a Qualifying Non-CIC Termination (as defined below), 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: 12][Tier 2: 9][Tier 3: 6]] months of the Executive’s Salary (as defined below), less applicable withholdings.
Appears in 1 contract
Samples: Change in Control and Severance Agreement (Alector, Inc.)
Qualifying Non-CIC Termination. On a Qualifying Non-CIC Termination (as defined below), 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 [CEO: twelve (12) )] [Tier 2 Executives: nine (9)] [Tier 3 Executives: six (6)] months of the Executive’s Salary (as defined below), less applicable withholdings.
Appears in 1 contract
Samples: Change in Control and Severance Agreement (Minerva Surgical Inc)
Qualifying Non-CIC Termination. On a Qualifying Non-CIC Termination (as defined below), 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 six (12) 6)1,2,3 months of the Executive’s Salary (as defined below), less applicable withholdings.
Appears in 1 contract
Samples: Change in Control and Severance Agreement (Udemy, Inc.)
Qualifying Non-CIC Termination. On a Qualifying Non-CIC Termination (as defined below), 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 nine (129) months of the Executive’s Salary (as defined below), less applicable withholdings.
Appears in 1 contract
Samples: Change in Control and Severance Agreement (Outset Medical, Inc.)
