Common use of Timing of Severance Payments Clause in Contracts

Timing of Severance Payments. Any severance payment to which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5) shall be paid by the Company to the Employee (or to the Employee's successors in interest pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 9.

Appears in 5 contracts

Samples: Change of Control Severance Agreement (Harmonic Inc), Change of Control Severance Agreement (Harmonic Inc), Change of Control Severance Agreement (Harmonic Inc)

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Timing of Severance Payments. Any severance Change of Control Severance payment to which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 3(b)(1) shall be paid by the Company to the Employee (or to the Employee's successors ’s successor in interest interest, pursuant to Section 7(b9(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 911(f).

Appears in 4 contracts

Samples: Retention Agreement (Catalytica Energy Systems Inc), Retention Agreement (Catalytica Energy Systems Inc), Retention Agreement (Catalytica Energy Systems Inc)

Timing of Severance Payments. Any severance payment to which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 4(a)(i) shall be paid by the Company to the Employee (or to the Employee's successors in interest interest, pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 9.

Appears in 4 contracts

Samples: Management Retention Agreement (Bell Microproducts Inc), Management Retention Agreement (Bell Microproducts Inc), Management Retention Agreement (Bell Microproducts Inc)

Timing of Severance Payments. Any severance payment to which Employee is entitled under Sections Section 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5) shall be paid by the Company to the Employee (or to the Employee's ’s successors in interest pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 9Date or within twelve (12) months of Termination Date at the election of the Employee.

Appears in 4 contracts

Samples: Control Severance Agreement (Harmonic Inc), Control Severance Agreement (Harmonic Inc), Control Severance Agreement (Harmonic Inc)

Timing of Severance Payments. Any severance payment to which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 3(a)(1) shall be paid by the Company to the Employee (or to the Employee's successors successor in interest interest, pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 99(f).

Appears in 3 contracts

Samples: Control Severance Agreement (Intraware Inc), Control Severance Agreement (E Piphany Inc), Control Severance Agreement (E Piphany Inc)

Timing of Severance Payments. Any severance payment to which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 3(a)(i) shall be paid by the Company to the Employee (or to the Employee's successors in interest interest, pursuant to Section 7(b6(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 9.

Appears in 3 contracts

Samples: Management Retention Agreement (Bell Microproducts Inc), Management Retention Agreement (Bell Microproducts Inc), Management Retention Agreement (Bell Microproducts Inc)

Timing of Severance Payments. Any severance payment to which ---------------------------- Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 3(a)(1) shall be paid by the Company to the Employee (or to the Employee's successors successor in interest interest, pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 99(f).

Appears in 3 contracts

Samples: Control Severance Agreement (Catalytica Inc), Control Severance Agreement (Catalytica Energy Systems Inc), Control Severance Agreement (Catalytica Energy Systems Inc)

Timing of Severance Payments. Any severance payment payments to which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 3(a)(1) shall be paid by the Company to the Employee (or to the Employee's successors in interest interest, pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days installments with each installment being paid on or before the end of month-long period following the Termination Date (e.g. on each monthly "anniversary" of the Termination Date, subject to any delay required under Section 9).

Appears in 2 contracts

Samples: Control Severance Agreement (Auspex Systems Inc), Control Severance Agreement (Auspex Systems Inc)

Timing of Severance Payments. Any severance payment to which Employee is entitled under Sections Section 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5) shall be paid by the Company to the Employee (or to the Employee's successors in interest interest, pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 9.

Appears in 2 contracts

Samples: Control Severance Agreement (Harmonic Lightwaves Inc), Control Severance Agreement (Harmonic Lightwaves Inc)

Timing of Severance Payments. Any severance payment to which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 3(a)(i) shall be paid by the Company to the Employee (or to the Employee's successors in interest interest, pursuant to Section 7(b6(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 9.

Appears in 2 contracts

Samples: Management Retention Agreement (Bell Microproducts Inc), Management Retention Agreement (Bell Microproducts Inc)

Timing of Severance Payments. Any severance payment payments to which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5) 5 shall be paid by the Company to the Employee (or to the Employee's successors in interest interest, pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 9.

Appears in 2 contracts

Samples: Control Severance Agreement (Harmonic Lightwaves Inc), Control Severance Agreement (Harmonic Lightwaves Inc)

Timing of Severance Payments. Any severance payment to which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2), 3(a)(i)(5) and 3(a)(i)(53(a)(i)(6) shall be paid by the Company to the Employee (or to the Employee's ’s successors in interest pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 910.

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Harmonic Inc), Control Severance Agreement (Harmonic Inc)

Timing of Severance Payments. Any severance payment to which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 3(a)(1) shall be paid by the Company to the Employee (or to the Employee's successors ’s successor in interest interest, pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 99(f).

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Catalytica Energy Systems Inc), Change of Control Severance Agreement (Catalytica Energy Systems Inc)

Timing of Severance Payments. Any severance payment to which the Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 3(a)(1) shall be paid by the Company to the Employee (or to the Employee's successors successor in interest interest, pursuant to Section 7(b)) in cash and accordance with the Company's customary payroll schedule over the Severance Period after the condition set forth in full, not later than thirty (30Section 3(e) calendar days following the Termination Date, subject to any delay required under Section 9has been satisfied.

Appears in 2 contracts

Samples: Severance Agreement (Corillian Corp), Severance Agreement (Corillian Corp)

Timing of Severance Payments. Any severance payment to which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) 3(a)(1 and 3(a)(i)(55) shall be paid by the Company to the Employee (or to the Employee's successors in interest interest, pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 9employment termination date.

Appears in 2 contracts

Samples: Management Retention Agreement (Seagate Technology Malaysia Holding Co Cayman Islands), Management Retention Agreement (Seagate Technology Malaysia Holding Co Cayman Islands)

Timing of Severance Payments. Any severance payment to which the Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 3(b)(1) shall be paid by the Company to the Employee (or to the Employee's successors successor in interest interest, pursuant to Section 7(b)) in cash and accordance with the Company's customary payroll schedule over the Severance Period after the condition set forth in full, not later than thirty (30Section 3(e) calendar days following the Termination Date, subject to any delay required under Section 9has been satisfied.

Appears in 2 contracts

Samples: Severance Agreement (Corillian Corp), Severance Agreement (Corillian Corp)

Timing of Severance Payments. Any severance payment to which Employee ---------------------------- is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 3(a)(1) shall be paid by the Company to the Employee (or to the Employee's successors successor in interest interest, pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 99(f).

Appears in 1 contract

Samples: Control Severance Agreement (Catalytica Combustion Systems Inc)

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Timing of Severance Payments. Any severance payment to which the Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 3(a)(1) shall be paid by the Company to the Employee (or to the Employee's successors successor in interest interest, pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 99(f).

Appears in 1 contract

Samples: Control Severance Agreement (Corillian Corp)

Timing of Severance Payments. Any severance payment to which Employee is entitled under Sections 3(a)(i)(1)that constitutes Salary Severance, 3(a)(i)(2) Bonus Severance, and 3(a)(i)(5) Outplacement Benefits shall be paid by the Company to the Employee (or to the Employee's ’s successors in interest pursuant to Section 7(b9(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date (such thirtieth (30th) day, the “Separation Payment Date”), subject to any delay required under Section 911.

Appears in 1 contract

Samples: Change of Control Severance Agreement (Harmonic Inc)

Timing of Severance Payments. Any severance payment to ---------------------------- which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) 3(a)(1 and 3(a)(i)(55) shall be paid by the Company to the Employee (or to the Employee's successors in interest interest, pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 9employment termination date.

Appears in 1 contract

Samples: Management Retention Agreement (Seagate Technology Holdings)

Timing of Severance Payments. Any severance payment to which ---------------------------- Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) 3(a)(1 and 3(a)(i)(55) shall be paid by the Company to the Employee (or to the Employee's successors in interest interest, pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 9employment termination date.

Appears in 1 contract

Samples: Management Retention Agreement (Seagate Technology Holdings)

Timing of Severance Payments. Any severance payment to which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 3(a)(i) shall be paid by the Company to the Employee (or to the Employee's successors in interest interest, pursuant to Section 7(b6(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 9.than

Appears in 1 contract

Samples: Management Retention Agreement (Bell Microproducts Inc)

Timing of Severance Payments. Any severance payment to which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 3(b)(1) shall be paid by the Company to the Employee (or to the Employee's successors successor in interest interest, pursuant to Section 7(b9(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 911(f).

Appears in 1 contract

Samples: Severance Agreement (E Piphany Inc)

Timing of Severance Payments. Any severance payment to which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 3(a)(1) shall be paid by the Company to the Employee (or to the Employee's successors successor in interest interest, pursuant to Section 7(b9(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 911(f).

Appears in 1 contract

Samples: Severance Agreement (E Piphany Inc)

Timing of Severance Payments. Any severance payment to which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 4(a)(i) shall be paid by the Company to the Employee (or to the Employee's successors in interest interest, pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 9. In no event shall payment be made later than two and one-half (2 1/2) months following the calendar year in which the Termination Date occurs.

Appears in 1 contract

Samples: Management Retention Agreement (Bell Microproducts Inc)

Timing of Severance Payments. Any severance payment to which ---------------------------- Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5Section 4(a)(1) shall be paid by the Company to the Employee (or to the Employee's successors in interest pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days following the Termination Date, subject to any delay required under Section 9.

Appears in 1 contract

Samples: Change of Control Agreement (International Network Services)

Timing of Severance Payments. Any severance payment payments to which Employee is entitled under Sections 3(a)(i)(1), 3(a)(i)(2) and 3(a)(i)(5) this Section 3 shall be paid by the Company to the Employee (or to the Employee's successors in interest interest, pursuant to Section 7(b)) in cash and in full, not later than thirty (30) calendar days installments with each installment being paid on or before the end of each month-long period following the Termination Date (e.g. on each monthly "anniversary" of the Termination Date, subject to any delay required under Section 9).

Appears in 1 contract

Samples: Control Severance Agreement (Auspex Systems Inc)

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