Common use of Severance Payment Clause in Contracts

Severance Payment. Executive will receive a lump-sum payment equal to the sum of (A) nine (9) months of Executive’s annual base salary as then in-effect immediately prior to Executive’s termination date or, if greater, at the level in-effect immediately prior to the Change in Control, plus (B) the greater of (x) 75% of Executive’s most recent annual bonus actually paid, or (y) 75% of Executive’s on-target annual bonus for the year of termination.

Severance Payment. Executive will receive be paid a lump-sum severance payment equal to the sum of six (A) nine (96) months of Executive’s annual base salary salary, as then in-effect immediately prior to Executive’s termination date orin effect, if greater, at the level in-effect immediately prior to the Change in Control, plus (B) the greater of (x) 75% and a prorated portion of Executive’s most recent annual bonus actually paid, or (y) 75% of Executive’s on-target annual bonus for the year of terminationtermination calculated based on the number of months in the fiscal year of termination during which Executive was employed by the Company.

Severance Payment. Executive will receive a lump-sum payment (less applicable withholding taxes) equal to the sum of one hundred fifty percent (A150%) nine (9) months of Executive’s annual base salary as then in-in effect immediately prior to Executive’s termination date (or if the termination is due to a resignation for Good Reason based on a material reduction in base salary, then Executive’s annual base salary in effect immediately prior to such reduction) or, if greater, at the level in-in effect immediately prior to the Change in of Control, plus (B) the greater of (x) 75% of Executive’s most recent annual bonus actually paid, or (y) 75% of Executive’s on-target annual bonus for the year of termination.

Severance Payment. Executive will receive a lump-sum payment (less applicable withholding taxes) equal to the sum of one hundred percent (A100%) nine (9) months of Executive’s annual base salary as then in-in effect immediately prior to Executive’s termination date or(or if the termination is due to a resignation for Good Reason based on a material reduction in base salary, if greater, at the level in-then Executive’s annual base salary in effect immediately prior to the Change in Control, plus (B) the greater of (x) 75% of Executive’s most recent annual bonus actually paid, or (y) 75% of Executive’s on-target annual bonus for the year of terminationsuch reduction).

Severance Payment. Executive will receive a lump-sum payment (less applicable withholding taxes) equal to the sum of one hundred percent (A100%) nine (9) months of Executive’s annual base salary as then in-in effect immediately prior to Executive’s termination date or, if greater, at the level in-in effect immediately prior to the Change in of Control, plus (B) the greater of (x) 75% of Executive’s most recent annual bonus actually paid, or (y) 75% of Executive’s on-target annual bonus for the year of termination.

Severance Payment. Executive will receive be paid a lump-sum severance payment equal to the sum of twelve (A) nine (912) months of Executive’s annual base salary salary, as then in-effect immediately prior to Executive’s termination date orin effect, if greater, at the level in-effect immediately prior to the Change in Control, plus (B) the greater of (x) 75% and a prorated portion of Executive’s most recent annual bonus actually paid, or (y) 75% of Executive’s on-target annual bonus for the year of terminationtermination calculated based on the number of months in the fiscal year of termination during which Executive was employed by the Company.

Severance Payment. Executive will receive a lump-sum payment equal to the sum of (A) nine twelve (912) months of Executive’s annual base salary as then in-effect immediately prior to Executive’s termination date or, if greater, at the level in-effect immediately prior to the Change in Control, plus (B) the greater of (x) 75% of Executive’s most recent annual bonus actually paid, or (y) 75100% of Executive’s on-target annual bonus for the year of termination.

Severance Payment. Executive will receive a lump-sum payment equal to the sum of (A) nine one hundred percent (9100%) months of Executive’s annual base salary as then in-in effect immediately prior to Executive’s termination date or, if greater, at the level in-in effect immediately prior to the Change in of Control, plus and (B) the greater of one hundred percent (x100%) 75% of Executive’s most recent annual target bonus actually paid, or (y) 75% for the fiscal year of Executive’s on-termination or, if greater, Executive’s annual target annual bonus for in effect immediately prior to the year Change of terminationControl.

Severance Payment. Executive will receive a lump-sum payment equal to the sum of (A) nine two hundred percent (9200%) months of Executive’s annual base salary as then in-in effect immediately prior to Executive’s termination date or, if greater, at the level in-in effect immediately prior to the Change in of Control, plus and (B) the greater of one hundred percent (x100%) 75% of Executive’s most recent annual target bonus actually paid, or (y) 75% for the fiscal year of Executive’s on-termination or, if greater, Executive’s annual target annual bonus for in effect immediately prior to the year Change of terminationControl.

Severance Payment. Executive will receive a lump-lump sum payment of severance equal to 50% of the sum of (Ax) nine (9) months of Executive’s annual base salary as then in-in effect immediately prior to Executive’s termination date or, or (if greater, ) at the level in-in effect immediately prior to the Change in Control, plus of Control and (By) Executive’s annual target bonus for the greater of (x) 75% fiscal year of Executive’s most recent annual bonus actually paid, termination or (yif greater) 75% of Executive’s on-annual target annual bonus for in effect immediately prior to the year Change of terminationControl.

Severance Payment. Executive will receive a lump-lump sum payment of severance equal to 200% of the sum of (Ax) nine (9) months of Executive’s annual base salary as then in-in effect immediately prior to Executive’s termination date or, or (if greater, ) at the level in-in effect immediately prior to the Change in Control, plus of Control and (By) Executive’s annual target bonus for the greater of (x) 75% fiscal year of Executive’s most recent annual bonus actually paid, termination or (yif greater) 75% of Executive’s on-annual target annual bonus for in effect immediately prior to the year Change of terminationControl.

Severance Payment. Executive will receive a lump-sum payment be paid an amount equal to 1.5 times the sum of (Ai) nine (9) months of Executive’s annual base salary as then in-Annual Salary in effect immediately prior to Executive’s termination date the Date of Termination (or, if greater, at the level in-effect immediately prior to the Change in Control, Control Protection Period) plus (Bii) the greater of (x) 75% of Executive’s most recent annual bonus actually paidTarget Bonus in effect immediately prior to the Date of Termination (or, or if greater, immediately prior to the Change in Control Protection Period), in a lump sum within sixty (y60) 75% days following the Date of Executive’s on-target annual bonus for the year of terminationTermination.

Severance Payment. Executive will receive a lump-lump sum severance payment (less applicable withholding taxes) equal to the sum of (A) nine (9) months 200% of Executive’s annual base salary as then in-in effect immediately prior to Executive’s termination date or, or (if greater, ) at the level in-in effect immediately prior to the Change in of Control, plus and (B) the greater of (x) 75200% of Executive’s most recent annual bonus actually paid, or (y) 75% of Executive’s on-target annual bonus for as in effect immediately prior to Executive’s termination date or (if greater) at the year level in effect immediately prior to the Change of terminationControl.

Severance Payment. Executive will receive a lump-sum payment equal to the sum of (A) nine (9) 12 months of Executive’s annual base salary as then in-effect immediately prior to Executive’s termination date or, if greater, at the level in-effect immediately prior to the Change in Control, plus (B) the greater of (x) 75100% of Executive’s most recent annual bonus actually paid, or (y) 75100% of Executive’s on-target annual bonus for the year of termination.

Severance Payment. Executive will receive a lump-lump sum cash payment equal to the sum of twelve (A) nine (912) months of the Executive’s annual base salary (as then in-in effect immediately prior to Executive’s termination date or, if greater, at the level in-effect immediately prior to (A) the Change in Control, plus of Control or (B) the greater of (x) 75% of Executive’s most recent annual bonus actually paidtermination, or (y) 75% of Executive’s on-target annual bonus for the year of terminationwhichever is greater).”

Severance Payment. Executive will receive a lump-lump sum severance payment equal to the sum of (A) nine (9) 18 months of Executive’s annual base salary Base Salary as then in-effect immediately prior to Executive’s termination date or, if greater, at the level in-in effect immediately prior to the Change in ControlTermination Date (without any reduction therein that constitutes Good Reason), plus (B) Executive’s annual Cash Bonus as in effect immediately prior to the greater of Termination Date (xwithout any reduction therein that constitutes Good Reason) 75paid at 150% of Executive’s most recent annual bonus actually paidits target amount, or (y) 75% of Executive’s on-target annual bonus for the year of terminationless all required tax withholdings and other applicable deductions.

Severance Payment. Executive will receive a lump-sum payment equal to the sum of (A) nine one hundred and fifty percent (9150%) months of Executive’s annual base salary as then in-in effect immediately prior to Executive’s termination date or, if greater, at the level in-in effect immediately prior to the Change in of Control, plus and (B) the greater of one hundred and fifty percent (x150%) 75% of Executive’s most recent annual target bonus actually paid, or (y) 75% for the fiscal year of Executive’s on-termination or, if greater, Executive’s annual target annual bonus for in effect immediately prior to the year Change of terminationControl.

Severance Payment. Executive will receive a lump-sum payment equal to the sum of [CEO: eighteen (A) nine (918) months / Other Executives: twelve (12) months] of Executive’s annual base salary as then in-in effect immediately prior to Executive’s termination date or, if greater, at the level in-in effect immediately prior to the Change in Control, plus Control (B) the greater of (x) 75% of Executive’s most recent annual bonus actually paid, or (y) 75% of Executive’s on-target annual bonus for the year of terminationas applicable).

Severance Payment. Executive will receive a lump-lump sum severance payment equal to the sum of (A) nine twelve (912) months (the “CIC Severance Period”) of Executive’s annual base salary as then in-effect immediately prior to Base Salary and (B) the product of (x) the Target Bonus Percentage and (y) Executive’s termination date orBase Salary, if greaterin each case, at the level in-as in effect immediately prior to the Change in Control, plus (B) the greater of (x) 75% date of Executive’s most recent annual bonus actually paidtermination of employment, or (y) 75% of Executiveless all required tax withholdings and other applicable deductions, which will be paid in accordance with the Company’s on-target annual bonus for regular payroll procedures, but no later than the year of terminationfirst regular payroll date following the Release Deadline.

Severance Payment. Executive will receive a lump-lump sum cash payment (less applicable withholding taxes) equal to the sum of (Ai) nine an amount equal to twenty-four (924) months (the “CIC Severance Period”) of the Executive’s annual base salary rate (as then in-in effect immediately prior to Executive’s termination date or, if greater, at the level in-effect immediately prior to (1) the Change in Control, plus or (B2) Executive’s termination, whichever is greater) and (ii) an amount equal to two times the greater of (x) 75% Executive’s target annual incentive established for the year prior to the year of Executive’s most recent annual bonus actually paid, or (y) 75% termination of Executive’s on-target annual bonus for the year of terminationemployment.

Severance Payment. Executive will receive a lump-lump sum severance payment (less applicable withholding taxes) equal to the sum of (A) nine (9) months [For the CEO 200%; for the other executives 150%] of Executive’s annual base salary as then in-in effect immediately prior to Executive’s termination date or, or (if greater, ) at the level in-in effect immediately prior to the Change in of Control, plus and (B) [For the greater of (x) 75% CEO 200%; for the other executives 150%]% of Executive’s most recent annual bonus actually paid, or (y) 75% of Executive’s on-target annual bonus for as in effect immediately prior to Executive’s termination date or (if greater) at the year level in effect immediately prior to the Change of terminationControl.

Severance Payment. Executive will receive a lump-sum payment equal to the sum of (A) nine two hundred percent (9200%) months of Executive’s annual base salary as then in-in effect immediately prior to Executive’s termination date or, if greater, at the level in-in effect immediately prior to the Change in of Control, plus and (B) the greater of two hundred percent (x200%) 75% of Executive’s most recent annual target bonus actually paid, or (y) 75% for the fiscal year of Executive’s on-termination or, if greater, Executive’s annual target annual bonus for in effect immediately prior to the year Change of terminationControl.