Common use of Severance Payment Clause in Contracts

Severance Payment. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary rate, as then in effect, for twelve (12) months from the date of such termination of employment, to be paid periodically in accordance with the Company’s normal payroll policies.

Severance Payment. Executive will be paid receive continuing payments of severance pay at for a rate equal to Executive’s base salary rate, as then in effect, for period of twelve (12) months from the date of such termination of employment, equal to be paid periodically Executive’s base salary rate as in accordance with the Companyeffect immediately prior to Executive’s normal payroll policiestermination.

Severance Payment. Executive will be paid receive continuing payments of severance pay at for a rate equal to Executive’s base salary rate, as then in effect, for period of twelve (12) months from the date of such termination equal to Executive’s base salary rate as in effect immediately prior to (A) the Change of employmentControl, to be paid periodically in accordance with the Companyor (B) Executive’s normal payroll policiestermination, whichever is greater.

Severance Payment. Executive will be paid receive continuing payments of severance pay at a rate equal to Executive’s base salary rateBase Salary, as then in effect, for twelve (12) months from (the date of such termination of employment“Severance Period”), to less all required tax withholdings and other applicable deductions, which will be paid periodically in accordance with the Company’s normal regular payroll policiesprocedures commencing on the Release Deadline (as defined in Section 7(a)); provided that the first payment shall include any amounts that would have been paid to Executive if payment had commenced on the date of Executive’s separation from service.

Severance Payment. Executive will be paid receive continuing payments of severance pay at a rate equal to Executive’s base salary rateBase Salary, as then in effect, for twelve (12) months from the date of such termination of employmentSeverance Period, to less all required tax withholdings and other applicable deductions, which will be paid periodically in accordance with the Company’s normal regular payroll policiesprocedures.

Severance Payment. Executive will be paid receive continuing payments of severance pay for a period of six (6) months (such number of months, the “Standard Severance Period”) from the date of such termination of employment at a rate equal to Executive’s base salary rate, as then in effect, for twelve (12) months from effect immediately prior to the date of such Executive’s termination of employmentemployment (disregarding any reduction in base salary that triggers the right to termination for Good Reason), to less all required tax withholdings and other applicable deductions, which will be paid periodically in accordance with the Company’s normal regular payroll policiesprocedures.

Severance Payment. Executive will be paid receive continuing payments of severance pay for a period of twelve (12) months (such number of months, the “Enhanced Severance Period”) from the date of such termination of employment at a rate equal to Executive’s base salary rate, as then in effect, for twelve (12) months from effect immediately prior to the date of such Executive’s termination of employmentemployment (disregarding any reduction in base salary that triggers the right to termination for Good Reason), to less all required tax withholdings and other applicable deductions, which will be paid periodically in accordance with the Company’s normal regular payroll policiesprocedures.

Severance Payment. Executive will be paid entitled to receive; continuing payments of severance pay (less applicable withholding taxes) at a rate equal to Executive’s his base salary rate, as then in effect, for a period of twelve (12) months from the date of such termination of employmenttermination, to be paid periodically in accordance with the Company’s normal payroll policies.

Severance Payment. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary rate, as then in effect, for twelve (12) months from the date of such termination of employmenttermination, to be paid periodically in accordance with the Company’s normal payroll policies.

Severance Payment. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary rate, as then in effect, for twelve six (126) months from the date of such termination of employmenttermination, to be paid periodically in accordance with the Company’s normal payroll policies.

Severance Payment. Executive will be paid entitled to (i) receive continuing payments of severance pay (less applicable withholding taxes) at a rate equal to Executive’s his base salary rate, as then in effect, for twelve a period of nine (129) months from the date of such termination of employmenttermination, to be paid periodically in accordance with the Company’s normal payroll policies; and (B) a lump-sum payment equal to 100% of Executive’s target annual bonus as of the date of such termination.

Severance Payment. Executive will be paid receive continuing payments of severance pay at (less applicable withholding taxes) for a rate equal to Executive’s base salary rate, as then in effect, for period of twelve (12) months from the date of such termination of employment(the “Severance Period”) at a rate equal to Executive’s base salary rate (as in effect immediately prior to (A) the Change in Control, to be paid periodically in accordance with the Companyor (B) Executive’s normal payroll policiestermination, whichever is greater).

Severance Payment. Executive will be paid receive continuing payments of severance pay at for a rate equal to Executive’s base salary rate, as then in effect, for period of twelve (12) months from the date of such termination equal to the pro-rata portion of employmentExecutive’s base salary rate as in effect immediately prior to (A) the Change of Control, to be paid periodically in accordance with the Companyor (B) Executive’s normal payroll policiestermination, whichever is greater.

Severance Payment. Executive will be paid receive continuing payments of severance pay at (less applicable withholding taxes) for a rate equal to Executive’s base salary rate, as then in effect, for period of twelve (12) months from the date of such termination (the “Severance Period”) at a rate equal to Executive’s base salary rate (as in effect immediately prior to (A) the Change of employmentControl, to be paid periodically in accordance with the Companyor (B) Executive’s normal payroll policiestermination, whichever is greater).

Severance Payment. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary ratesalary, as then in effect, for twelve (12) months from the date of such termination of employment, to be paid periodically in equal installments in accordance with the Company’s normal payroll policies; provided, however, that any temporary reduction in base salary shall be disregarded for purposes of calculating Executive’s severance payment pursuant to this paragraph.

Severance Payment. (A) Executive will be paid continuing payments of severance pay at a rate equal to Executive’s annual base salary ratesalary, as then in effect, for twelve [TIME] from the date of such termination of employment, to be paid periodically in accordance with the Company’s normal payroll policies; and (12B) months Executive will be paid continuing payments of severance pay at a rate equal to Executive’s target short-term incentive award, as then in effect, for [TIME] from the date of such termination of employment, to be paid periodically in accordance with the Company’s normal payroll policies.

Severance Payment. Executive will be paid entitled to (i) receive continuing payments of severance pay (less applicable withholding taxes) at a rate equal to Executive’s his base salary rate, as then in effect, for twelve a period of six (126) months from the date of such termination of employmenttermination, to be paid periodically in accordance with the Company’s normal payroll policies; and (B) a lump-sum payment equal to 100% of Executive’s target annual bonus as of the date of such termination.

Severance Payment. Executive will be paid entitled to (i) receive continuing payments of severance pay (less applicable withholding taxes) at a rate equal to Executive’s his base salary rate, as then in effect, for twelve a period of six (126) months from the date of such termination of employmenttermination, to be paid periodically in accordance with the Company’s normal payroll policies; and (ii) a lump-sum payment equal to 50% of Executive’s target annual bonus as of the date of such termination.

Severance Payment. Executive will be paid receive continuing payments of severance pay at for a rate equal to Executive’s base salary rate, as then in effect, for twelve period of six (126) months from the date of such termination equal to the pro-rata portion of employmentExecutive’s base salary rate as in effect immediately prior to (A) the Change of Control, to be paid periodically in accordance with the Companyor (B) Executive’s normal payroll policiestermination, whichever is greater.

Severance Payment. Executive will be paid entitled to (i) receive continuing payments of severance pay (less applicable withholding taxes) at a rate equal to Executive’s his base salary rate, as then in effect, for twelve a period of eighteen (1218) months from the date of such termination of employmenttermination, to be paid periodically in accordance with the Company’s normal payroll policies; and (B) a lump-sum payment equal to 100% of Executive’s target annual bonus as of the date of such termination.

Severance Payment. Executive will be paid receive continuing payments of severance pay at for a rate equal to Executive’s base salary rate, as then in effect, for twelve period of nine (129) months from the date of such termination equal to the pro-rata portion of employment, Executive’s base salary rate as in effect immediately prior to be paid periodically in accordance with the CompanyExecutive’s normal payroll policiestermination.

Severance Payment. Executive will be paid continuing payments of severance pay at a an annual rate equal to the sum of Executive’s annual base salary rateand target short-term incentive award, as then in effect, for twelve (12) 12 months from the date of such termination of employment, to be paid periodically in accordance with the Company’s normal payroll policies.

Severance Payment. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary ratesalary, as then in effect, for twelve fifteen (1215) months from the date of such termination of employment, to be paid periodically in equal installments in accordance with the Company’s normal payroll policies; provided, however, that any temporary reduction in base salary shall be disregarded for purposes of calculating Executive’s severance payment pursuant to this paragraph.

Severance Payment. Executive will be paid receive semi-monthly continuing payments of severance pay at a rate equal to Executive’s base salary rateBase Salary, as then in effect, for twelve the Severance Period (12) months from the date of such termination of employmentas defined below), to less all required tax withholdings and other applicable deductions, which will be paid periodically in accordance with the Company’s normal regular payroll policiesprocedures.

Severance Payment. Executive will be paid receive continuing payments of severance pay for a period of ( ) months from the date of such termination of employment at a rate equal to Executive’s base salary rateas in effect immediately prior to Executive’s termination (or, as then if greater, at the level in effecteffect immediately prior to the Change in Control), for twelve (12) months from the date of such termination of employmentless all required tax withholdings and other applicable deductions, to which will be paid periodically in accordance with the Company’s normal regular payroll policiesprocedures.

Severance Payment. Executive will be paid receive continuing payments of severance pay at a rate equal to Executive’s base salary rateBase Salary, as then in effect, for twelve (12) months from the date of such termination of employmentSeverance Period, to less all required tax withholdings and other applicable deductions, which will be paid periodically in accordance with the Company’s normal regular payroll policiesprocedures; provided, however, that the first severance payment due under this Section 6(a)(ii) shall not be made until at least thirty (30) days after the date of Executive’s termination.

Severance Payment. Executive will be paid continuing payments of severance pay at a an annual rate equal to the sum of Executive’s annual base salary rateand target short-term incentive award, as then in effect, for twelve (12) months 2 years from the date of such termination of employment, to be paid periodically in accordance with the Company’s normal payroll policies.

Severance Payment. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary rate, as then in effect, for twelve twenty-four (1224) months from the date of such termination of employmenttermination, to be paid periodically in accordance with the Company’s normal payroll policies.

Severance Payment. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s annual base salary ratesalary, as then in effect, for twelve fifteen (1215) months from the date of such termination of employment, to be paid periodically in equal installments in accordance with the Company’s normal payroll policies; provided, however, that any temporary reduction in base salary shall be disregarded for purposes of calculating Executive’s severance payment pursuant to this paragraph.

Severance Payment. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s annual base salary ratesalary, as then in effect, for twelve (12) months two years from the date of such termination of employment, to be paid periodically in accordance with the Company’s normal payroll policies.

Severance Payment. Executive will be paid receive continuing payments of severance pay at for a rate equal to Executive’s base salary rate, as then in effect, for twelve period of nine (129) months from the date of such termination equal to Executive’s base salary rate as in effect immediately prior to (A) the Change of employmentControl, to be paid periodically in accordance with the Companyor (B) Executive’s normal payroll policiestermination, whichever is greater.

Severance Payment. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s base salary rate, as then in effect, for twelve six (126) months from the date of such termination of employment, to be paid periodically in accordance with the Company’s normal payroll policies.

Severance Payment. Executive will be paid receive continuing payments of severance pay at for a rate equal to Executive’s base salary rate, as then in effect, for twelve period of six (126) months from the date of such termination equal to Executive’s base salary rate as in effect immediately prior to (A) the Change of employmentControl, to be paid periodically in accordance with the Companyor (B) Executive’s normal payroll policiestermination, whichever is greater.

Severance Payment. Executive will be paid receive continuing payments of severance pay (less applicable withholding taxes) for a period of eighteen (18) months from the date of such termination (the “Severance Period”) at a rate equal to Executive’s base salary raterate (as in effect immediately prior to (A) the Change in Control, as then in effector (B) Executive’s termination, for twelve (12) months from the date of such termination of employment, to be paid periodically in accordance with the Company’s normal payroll policieswhichever is greater).

Severance Payment. Executive will be paid continuing payments of severance pay at a rate equal to Executive’s annual base salary ratesalary, as then in effect, for twelve twenty-four (1224) months from the date of such termination of employment, to be paid periodically in equal installments in accordance with the Company’s normal payroll policies; provided, however, that any temporary reduction in base salary shall be disregarded for purposes of calculating Executive’s severance payment pursuant to this paragraph. 2. Section 3(a)(iv) of the Original Agreement is hereby deleted and replaced in its entirety by the following language: