Common use of Severance Payment Based Upon Base Compensation Clause in Contracts

Severance Payment Based Upon Base Compensation. The Company will pay the Executive a cash severance benefit equal to 2.99 times the Executive’s Highest Base Compensation. The Executive’s severance payment under this paragraph (a) will be paid in accordance with the provisions of Section 4.

Appears in 5 contracts

Samples: Change in Control Agreement (Furmanite Corp), Change in Control Agreement (Furmanite Corp), Change in Control Agreement (Furmanite Corp)

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Severance Payment Based Upon Base Compensation. The the Company will pay the Executive a cash severance benefit equal to 2.99 times the Executive’s Highest Base Compensation. The An Executive’s severance payment under this paragraph (a) will be paid in accordance with the provisions of Section 4.

Appears in 3 contracts

Samples: Change in Control Agreement (Xanser Corp), Change in Control Agreement (Xanser Corp), Change in Control Agreement (Xanser Corp)

Severance Payment Based Upon Base Compensation. The the Company will pay the Executive a cash severance benefit equal to 2.99 1.0 times the Executive’s Highest Base Compensation. The An Executive’s severance payment under this paragraph (a) will be paid in accordance with the provisions of Section 4.

Appears in 2 contracts

Samples: Change in Control Agreement (Xanser Corp), Change in Control Agreement (Xanser Corp)

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Severance Payment Based Upon Base Compensation. The Company will pay the Executive a cash severance benefit equal to 2.99 three times the Executive’s Highest Base Compensation. The An Executive’s severance payment under this paragraph (a) will be paid in accordance with the provisions of Section 4.

Appears in 2 contracts

Samples: Severance Agreement (Baker Hughes Inc), Change in Control Agreement (Baker Hughes Inc)

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