Common use of Severance Adjustment Clause in Contracts

Severance Adjustment. Any severance that shall become payable to Employee under his Employment Agreement during or after the term of this instrument shall be calculated without reference to either this instrument or the salary reduction effected hereby.

Appears in 4 contracts

Samples: Employment Agreement (Actv Inc /De/), Employment Agreement (Actv Inc /De/), Employment Agreement (Actv Inc /De/)

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