Salary Severance. The Company will pay Executive a lump-sum payment equal to 6 months of Executive’s Base Salary on the first regular payroll date of the Company following the date on which the Release becomes irrevocable (subject to any delay as required under Section 9 below).
Appears in 4 contracts
Samples: Executive Employment Agreement (Advance Holdings, LLC), Executive Employment Agreement (Advance Holdings, LLC), Executive Employment Agreement (Advance Holdings, LLC)
Salary Severance. The Company will pay Executive a lump-sum payment equal to 6 twelve (12) months of Executive’s Base Salary on the first regular payroll date of the Company following the date on which the Release becomes irrevocable (subject to any delay as required under Section 9 below).
Appears in 3 contracts
Samples: Executive Employment Agreement (Nlight, Inc.), Executive Employment Agreement (Nlight, Inc.), Executive Employment Agreement (Nlight, Inc.)
Salary Severance. The Company will pay Executive a lump-sum payment equal to 6 12 months of Executive’s Base Salary on the first regular payroll date of the Company following the date on which the Release becomes irrevocable (subject to any delay as required under Section 9 below).. (ii)
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Salary Severance. The Company will pay Executive a lump-sum payment equal to 6 eighteen (18) months of Executive’s Base Salary on the first regular payroll date of the Company following the date on which the Release becomes irrevocable (subject to any delay as required under Section 9 below).
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