Common use of Severance Protection Period Clause in Contracts

Severance Protection Period. Severance will be payable in event your employment is terminated on account of the change of control during the following period of time after the change of control in a manner so as to cause severance to be paid: 24 months after change of control

Severance Protection Period. Severance will be payable in event your employment is terminated on account of the change of control during the following period of time after prior to the change of control in a manner so as to cause severance to be paid: 24 months after change of controlEffective Date. The Severance Protection Period ends on the Effective Date, when your employment will terminate.