Common use of Salary Severance Clause in Contracts

Salary Severance. A single, lump sum, cash payment equal to one hundred percent (100%) of Executive’s Salary.

Appears in 29 contracts

Samples: Change in Control and Severance Agreement (Athira Pharma, Inc.), Change in Control and Severance Agreement (Ibotta, Inc.), Change in Control and Severance Agreement (Nautilus Biotechnology, Inc.)

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Salary Severance. A single, lump sum, cash payment equal to one hundred fifty percent (10050%) of Executive’s Salary.

Appears in 14 contracts

Samples: Change in Control and Severance Agreement (Nautilus Biotechnology, Inc.), Change in Control and Severance Agreement (Nautilus Biotechnology, Inc.), Change in Control and Severance Agreement (Nautilus Biotechnology, Inc.)

Salary Severance. A single, lump sum, cash payment equal to one hundred seventy‑five percent (10075%) of Executive’s Salary.

Appears in 10 contracts

Samples: Change in Control and Severance Agreement (Athira Pharma, Inc.), Change in Control and Severance Agreement (Paymentus Holdings, Inc.), Change in Control and Severance Agreement (Paymentus Holdings, Inc.)

Salary Severance. A single, lump sum, cash payment equal to one hundred percent (100%) % of Executive’s Salary.

Appears in 8 contracts

Samples: Change in Control and Severance Agreement (Ibotta, Inc.), Change in Control and Severance Agreement (Ibotta, Inc.), Change in Control and Severance Agreement (Ibotta, Inc.)

Salary Severance. A single, lump sum, cash payment equal to one hundred percent (100%) 50% of Executive’s Salary.

Appears in 6 contracts

Samples: Change in Control and Severance Agreement (Ibotta, Inc.), Change in Control and Severance Agreement (Ibotta, Inc.), Change in Control and Severance Agreement (Ibotta, Inc.)

Salary Severance. A single, lump sum, cash payment equal to one hundred fifty percent (100150%) of Executive’s Salary.

Appears in 4 contracts

Samples: Change in Control and Severance Agreement (Nautilus Biotechnology, Inc.), Change in Control and Severance Agreement (Athira Pharma, Inc.), Change in Control and Severance Agreement (ARYA Sciences Acquisition Corp III)

Salary Severance. A single, lump sum, cash payment equal to one hundred percent (100%) 150% of Executive’s Salary.

Appears in 3 contracts

Samples: Change in Control and Severance Agreement (Ibotta, Inc.), Change in Control and Severance Agreement (Ibotta, Inc.), Change in Control and Severance Agreement (Ibotta, Inc.)

Salary Severance. A single, lump sum, cash payment equal to one hundred percent (100%) of Executive’s Salaryannual base salary in effect as of the date of the Qualifying Termination.

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (Fabrinet), Change in Control and Severance Agreement (Fabrinet)

Salary Severance. A single, lump sum, cash payment equal to one hundred percent ([100%) ] of Executive’s Salary.

Appears in 2 contracts

Samples: Employment Agreement (OnKure Therapeutics, Inc.), Employment Agreement (Reneo Pharmaceuticals, Inc.)

Salary Severance. A single, lump sum, cash payment equal to one hundred percent (100[For CEO Only: 150%][100%) ] of Executive’s Salary.

Appears in 2 contracts

Samples: Employment Agreement (OnKure Therapeutics, Inc.), Employment Agreement (Reneo Pharmaceuticals, Inc.)

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Salary Severance. A single, lump sum, cash payment equal to [CEO: one hundred percent (100100%)][Tier 2 Executives: fifty percent (50%) )] of Executive’s Salary.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (NavSight Holdings, Inc.)

Salary Severance. A single, lump sum, cash payment equal to one hundred seventy-five percent (10075%) of Executive’s Salary.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Informatica Inc.)

Salary Severance. A single, lump sum, cash payment equal to [one hundred fifty percent (150%)][one hundred percent (100100%)][seventy-five percent (75%) )] of Executive’s Salary.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Alx Oncology Holdings Inc)

Salary Severance. A single, lump sum, cash payment equal to one hundred and fifty percent (100150%) of the Executive’s Salarythen current annual salary.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Hecla Mining Co/De/)

Salary Severance. A single, lump sum, cash payment equal to [one hundred percent (100100%)][seventy-five percent (75%)][fifty percent (50%) )] of Executive’s Salary.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Alx Oncology Holdings Inc)

Salary Severance. A single, lump sum, cash payment equal to [CEO: one hundred fifty percent (150%)][Tier 2 Executives: one hundred percent (100%) )] of Executive’s Salary.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (NavSight Holdings, Inc.)

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