Severance Amount. The Company shall pay the Executive a lump sum amount equal to the Severance Amount. Subject to Section 3(c)(iii) above, the Severance Amount shall be paid on the date that is sixty (60) days after the Termination Date (or upon the Executive’s death, if earlier).
Appears in 9 contracts
Samples: Employment Agreement (Gemphire Therapeutics Inc.), Employment Agreement (Twinlab Consolidated Holdings, Inc.), Employment Agreement (Twinlab Consolidated Holdings, Inc.)
Severance Amount. The Company shall pay the Executive a lump sum amount equal to the Severance Amount. Subject to Section 3(c)(iii) above, the The Severance Amount shall be paid on the Company’s first regular payroll date that is sixty (60) more than 60 days after the Termination Date (or upon the Executive’s death, if earlier).
Appears in 3 contracts
Samples: Executive Employment Agreement (CHF Solutions, Inc.), Executive Employment Agreement (Sunshine Heart, Inc.), Executive Employment Agreement (Sunshine Heart, Inc.)
Severance Amount. The Company shall pay the Executive a lump sum amount equal to the Severance Amount. Subject to Section 3(c)(iii) above, the The Severance Amount shall be paid on the date that is sixty six (606) days months and one day after the Termination Date (or upon the Executive’s death, if earlier).
Appears in 2 contracts
Samples: Employment Agreement (Capitol Bancorp LTD), Form of Employment Agreement (Michigan Commerce Bancorp LTD)
Severance Amount. The Company shall shal l pay the Executive a lump xxx p sum amount equal to the Severance Amount. Subject to Section 3(c)(iii3(c)(ii i) above, the Severance Amount Amou nt shall be paid on the date that is sixty (60) days after the Termination Date (or upon the Executive’s Executi ve's death, if earlierxxxx xxx).
Appears in 1 contract
