Common use of Severance Benefits Upon Certain Terminations During the Change in Control Protection Period Clause in Contracts

Severance Benefits Upon Certain Terminations During the Change in Control Protection Period. Subject to the Waiver and Release requirement described in Section 6, Executive’s right to compensation and benefits after the Termination Date for the Executive’s Qualifying Termination during (x) the Term of Employment and (y) the period that commences upon the occurrence of a Change in Control and terminates 18 months thereafter (the “Change in Control Protection Period”) shall be determined in accordance with this Section 7, as follows: (a) Executive shall be entitled to the payments and benefits set forth in Section 6, provided that the Severance Multiplier for purposes of determining the amount of the Additional Payment under Section 6(a)(1) shall instead be two (2).

Severance Benefits Upon Certain Terminations During the Change in Control Protection Period. Subject to the Waiver and Release requirement described in Section 6, Executive’s right to compensation and benefits after the Termination Date for the Executive’s Qualifying Termination during (x) the Term of Employment and (y) the period that commences upon the occurrence of a Change in Control and terminates 18 months thereafter (the “Change in Control Protection Period”) shall be determined in accordance with this Section 7, as follows: (a) Executive shall be entitled to the payments and benefits set forth in Section 6, provided that the Severance Multiplier for purposes of determining the amount of the Additional Payment under Section 6(a)(1) shall instead be two three (23).