Common use of Special Payment Clause in Contracts

Special Payment. If, at any time during the two (2) year period following a Change of Control (as defined in Section 7(f)(ii)), Executive’s employment is terminated without Cause or by Executive for Good Reason, then instead of the payment set forth in subsection 7(c) Executive will receive: (1) Any Accrued Obligations, plus (2) an amount equal to two (2) times Base Salary (which shall be the Base Salary as of the date of termination), payable in a lump sum as soon as practicable following the date of termination, plus (3) the Pro Rated Bonus, plus (4) an amount equal to two (2) times the Target Incentive Bonus in respect of the then-current year, payable in a lump sum as soon as practicable following the date of termination, plus (5) the continuation of all health benefits during the Severance Period, plus (6) acceleration of vesting and exercisability of all Incentive Equity, plus (7) a period equal to the full length of the remaining term (as set forth in the applicable grant notice) to exercise any vested stock options;

Special Payment. If, at any time during the two (2) year period following a Change of Control (as defined in Section 7(f)(ii)), Executive’s 's employment is terminated without Cause or by Executive for Good Reason, then instead of the payment set forth in subsection 7(c) Executive will receive: (1) Any Accrued Obligations, plus (2) an amount equal to two (2) times the Base Salary (which shall be the Base Salary as of the date of termination), payable in a lump sum as soon as practicable following the date of termination, plus (3) the Pro Rated Bonus, plus (4) an amount equal to two (2) times the Target Incentive Bonus in respect of the then-current year, payable in a lump sum as soon as practicable following the date of termination, plus (5) the continuation of all health benefits during the Severance Period, plus (6) acceleration of vesting and exercisability of all Incentive Equity, plus (7) a period equal to the full length of the remaining term (as set forth in the applicable grant notice) to exercise any vested stock options;

Special Payment. If, at any time during the two (2) year period following a Change of Control (as defined in Section 7(f)(ii)), Executive’s 's employment is terminated without Cause or by Executive for Good Reason, then instead of the payment set forth in subsection 7(c) Executive will receive: (1) Any Accrued Obligations, plus (2) an amount equal to two (2) times Base Salary (which shall be the Base Salary as of the date of termination), payable in a lump sum as soon as practicable following the date of termination, plus (3) the Pro Rated Bonus, plus (4) an amount equal to two (2) times the Target Incentive Bonus in respect of the then-current year, payable in a lump sum as soon as practicable following the date of termination, plus (5) the continuation of all health benefits during the Severance Period, plus (6) acceleration of vesting and exercisability of all Incentive Equity, plus (7) a period equal to the full length of the remaining term (as set forth in the applicable grant notice) to exercise any vested stock options;

Special Payment. If, at any time during the two (2) year period following a Change of Control (as defined in Section 7(f)(ii)), Executive’s 's employment is terminated without Cause or by Executive for Good Reason, then instead of the payment set forth in subsection 7(c) Executive will receive: (1) Any Accrued Obligations, plus (2) an amount equal to two (2) times the Base Salary (which shall be the Base Salary as of the date of termination), payable in a lump sum as soon as practicable following the date of termination, plus (3) the Pro Rated Bonus, plus (4) an amount equal to two (2) times the Target Incentive Bonus in respect of the then-current year, payable in a lump sum as soon as practicable following the date of termination, plus (5) the continuation of all health benefits during the Severance Period, plus (6) acceleration of vesting and exercisability of all Incentive Equity, plus (7) a period equal to the full length of the remaining term (as set forth in the applicable grant notice) to exercise any vested stock options;