Severance Compensation. The "Severance Compensation" shall be a lump sum cash amount equal to 200% of the sum of (A) the annual base salary of the Executive in effect immediately prior to the Change in Control or the Termination Date, whichever is larger, plus (B) the average of the bonus or incentive compensation of the Executive, received from the Company for the two fiscal years preceding the year in which the Change in Control occurred or for the two fiscal years preceding the year in which the Termination Date occurs, whichever is larger.
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Samples: Severance Agreement (Harte Hanks Inc), Severance Agreement (Harte Hanks Communications Inc), Severance Agreement (Harte Hanks Inc)
Severance Compensation. The "“Severance Compensation" ” shall be a lump sum cash amount equal to 200% of the sum of (Ai) the annual base salary of the Executive in effect immediately prior to the Change in Control or the Termination Date, whichever is larger, plus (Bii) the average of the bonus or incentive compensation of the Executive, received from the Company for the two fiscal years preceding the year in which the Change in Control occurred or for the two fiscal years preceding the year in which the Termination Date occurs, whichever is larger.
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Samples: Severance Agreement (Harte Hanks Inc), Severance Agreement (Harte Hanks Inc)
Severance Compensation. The "“Severance Compensation" ” shall be a lump sum cash amount equal to 200% the product of 3 multiplied by the sum of (Ai) the annual base salary of the Executive in effect immediately prior to the Change in Control or the Termination Date, whichever is larger, plus (Bii) the average of the bonus or incentive compensation of the Executive, received from the Company for the two fiscal years preceding the year in which the Change in Control occurred or for the two fiscal years preceding the year in which the Termination Date occurs, whichever is larger.
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Severance Compensation. The "Severance Compensation" shall be a lump sum cash amount equal to 200% of the sum of (A) the annual base salary of the Executive in effect immediately prior to the Change in Control or the Termination Date, whichever is larger(or in the case of payment under Section 3(b) below, immediately prior to the Change in Control) plus (B) the average of the bonus or incentive compensation of the Executive, Executive received from the Company for the two fiscal years preceding the year Termination Date (or, in which the case of payment Section 3(b) below, preceding the Change in Control occurred or for the two fiscal years preceding the year in which the Termination Date occurs, whichever is largerControl).
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Severance Compensation. The "“Severance Compensation" ” shall be a lump sum cash amount equal to 200100% of the sum of (Ai) the annual base salary of the Executive in effect immediately prior to the Change in Control or the Termination Date, whichever is larger, plus (Bii) the average of the bonus or incentive compensation of the Executive, received from the Company for the two fiscal years preceding the year in which the Change in Control occurred or for the two fiscal years preceding the year in which the Termination Date occurs, whichever is larger.
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Severance Compensation. The "Severance Compensation" shall be a lump sum cash amount equal to 200100% of the sum of (A) the average of the annual base salary of the Executive for the last two years based upon the dollar amount of the annual salary then in effect immediately prior to and for the Change fiscal year preceding the year in Control or which the Termination Date, whichever is largerDate occurs, plus (B) the average of the annual bonus or incentive compensation of the ExecutiveExecutive for the last two completed years, based upon the dollar amount of bonus or incentive compensation that the Executive received from the Company for the two fiscal years preceding the year in which the Change in Control occurred or for the two fiscal years preceding the year in which the Termination Date occurs, whichever is larger.
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Severance Compensation. The "“Severance Compensation" ” shall be a lump sum cash amount equal to 200% the product of 2.5 multiplied by the sum of (Ai) the annual base salary of the Executive in effect immediately prior to the Change in Control or the Termination Date, whichever is larger, plus (Bii) the average of the bonus or incentive compensation of the Executive, received from the Company for the two fiscal years preceding the year in which the Change in Control occurred or for the two fiscal years preceding the year in which the Termination Date occurs, whichever is larger.
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Severance Compensation. The "“Severance Compensation" ” shall be a lump sum cash amount equal to 200% the product of the sum of (A) 1.5 multiplied by the annual base salary of the Executive in effect immediately prior to the Change in Control or the Termination Date, whichever is larger, plus (B) the average of the bonus or incentive compensation of the Executive, received from the Company for the two fiscal years preceding the year in which the Change in Control occurred or for the two fiscal years preceding the year in which the Termination Date occurs, whichever is larger.
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Severance Compensation. The "Severance Compensation" shall be a lump sum cash amount equal to 200% of the sum of (A) the annual base salary of the Executive in effect immediately prior to the Change in Control or the Termination Date, whichever is larger(or, in the case of payment under Section 3(b) below, immediately prior to the Change in Control) plus (B) the average of the bonus or incentive compensation of the Executive, Executive received from the Company for the two fiscal years preceding the year Termination Date (or, in which the case of payment under Section 3(b) below, preceding the Change in Control occurred or for the two fiscal years preceding the year in which the Termination Date occurs, whichever is largerControl).
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Severance Compensation. The "Severance Compensation" shall be a lump sum cash amount equal to 200% of the sum of (A) the annual base salary of the Executive in effect immediately prior to the Change in Control or the Termination Date, whichever is larger, plus (B) the average of the bonus or incentive compensation of the Executive, Executive received from the Company for the two fiscal years preceding the year in which the Change in Control occurred or for the two fiscal years preceding the year in which the Termination Date occurs, whichever is largerDate.
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Severance Compensation. The "“Severance Compensation" ” shall be a lump sum cash amount equal to 200% of the sum of (A) the annual base salary of the Executive in effect immediately prior to the Change in Control or the Termination Date, whichever is larger, plus (B) the average of the bonus or incentive compensation of the Executive, received from the Company for the two fiscal years preceding the year in which the Change in Control occurred or for the two fiscal years preceding the year in which the Termination Date occurs, whichever is larger.
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