Common use of Severance Payment Method Clause in Contracts

Severance Payment Method. It is understood that the method of payment of the severance, either lump sum or salary continuation, shall be determined by the employee, provided that the total amount of payment is fully paid within the applicable notice payment period (not greater than fifty-two (52) weeks).

Severance Payment Method. It is understood that the method of payment of the severanceseverance (for example, either lump sum or salary continuation, incremental payment schemes) shall be determined by the employee, provided that the total amount of payment is fully paid within the applicable notice payment period (not greater than fifty-two (52) weeks). That is, lump sum payments or other incremental payment schemes are possible.

Severance Payment Method. It is understood that the method of payment of the severanceseverance (for example, either lump sum or salary continuation, incremental payment schemes) shall be determined by the employeeEmployee, provided that the total amount of payment is fully paid within the applicable notice payment period (not greater than fifty-two (52) weeks). That is, lump sum payments or other incremental payment schemes are possible.

Severance Payment Method. It is understood that the method of payment of the severance, either lump sum or salary continuation, severance shall be determined by the employee, provided that the total amount of payment is fully paid within the applicable notice EDIP payment period (not greater than fifty-two (52) 52 weeks).