Common use of Salary Payment Clause in Contracts

Salary Payment. The Company shall make a lump sum cash payment to Executive equal to three times the Executive's Annual Salary (as defined below).

Appears in 4 contracts

Samples: Employment Security Agreement (Methode Electronics Inc), Employment Security Agreement (Methode Electronics Inc), Employment Security Agreement (Methode Electronics Inc)

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Salary Payment. The Company shall make a lump sum cash payment to Executive equal to three times the Executive's ’s Annual Salary (as defined below).

Appears in 3 contracts

Samples: Change in Control Agreement (Methode Electronics Inc), Change in Control Agreement (Methode Electronics Inc), Change in Control Agreement (Methode Electronics Inc)

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