Common use of Severance Benefits upon Certain Separations from Service Occurring Before a Change of Control Clause in Contracts

Severance Benefits upon Certain Separations from Service Occurring Before a Change of Control. If, before the occurrence of a Change of Control, Executive has a Separation from Service with the Company by the Company without Cause, or by Executive for Good Reason, Executive shall be entitled to the following as Severance Benefits: (a) The Company shall pay Executive an amount equal to Executive’s Base Salary for eighteen (18) months payable in consecutive bi-weekly installments at the same times and in the same amounts as if Executive had not incurred a Separation from Service and had continued to earn Executive’s Base Salary over that eighteen (18) month period. Each such installment shall be a “Payment” for purposes of this Section 1(a). The Payments shall be paid over the following payment periods:

Severance Benefits upon Certain Separations from Service Occurring Before a Change of Control. If, before the occurrence of a Change of Control, Executive has a Separation from Service with the Company by the Company without Cause, or by Executive for Good Reason, Executive shall be entitled to the following as Severance Benefits: (a) The Company shall pay Executive an amount equal to two (2) times Executive’s Base Salary for eighteen (18) months payable in consecutive bi-weekly installments over the twenty-four (24) months following the Separation from Service at the same times and in the same amounts as if Executive had not incurred a Separation from Service and had continued to earn Executive’s Base Salary over that eighteen twenty-four (1824) month period. Each such installment shall be a “Payment” for purposes of this Section 1(a). The Payments shall be paid over the following payment periods:

Severance Benefits upon Certain Separations from Service Occurring Before a Change of Control. If, before the occurrence of a Change of Control, Executive has a Separation from Service with the Company by the Company without Cause, or by Executive for Good Reason, Executive shall be entitled to the following as Severance Benefits: (a) The Company shall pay Executive an amount equal to one and one-half (1.5) times Executive’s Base Salary for eighteen (18) months payable in consecutive bi-weekly installments over the eighteen (18) months following the Separation from Service at the same times and in the same amounts as if Executive had not incurred a Separation from Service and had continued to earn Executive’s Base Salary over that eighteen (18) month period. Each such installment shall be a “Payment” for purposes of this Section 1(a). The Payments shall be paid over the following payment periods: