Common use of Timing of Severance Payments Clause in Contracts

Timing of Severance Payments. Unless otherwise required pursuant to Section 5 of this Agreement, the Company will pay the cash severance payments to which Executive is entitled under this Agreement in a lump sum as soon as practicable following the date of termination, provided, however, that such payment will be delayed to the extent required by Section 4 and/or Section 5 of this Agreement. Except to the extent payment is delayed pursuant to Section 5(b), all cash severance payments under this Agreement will be paid no later than the fifteenth (15) day of the third month following the fiscal year in which the termination occurs.

Timing of Severance Payments. Unless otherwise required pursuant to Section 5 10 of this Agreement, the Company will pay the cash severance payments to which Executive is entitled under this Agreement in a lump sum as soon as practicable following the date of termination, provided, however, that such payment will be delayed to the extent required by Section 4 and/or Section 5 10 of this Agreement. Except to the extent payment is delayed pursuant to Section 5(b10(b), all cash severance payments under this Agreement will be paid no later than the fifteenth (15) day March 15 of the third month year following the fiscal year in which the termination occurs.

Timing of Severance Payments. Unless otherwise required pursuant to Section 5 10 of this Agreement, the Company will pay the cash severance payments to which Executive is entitled under this Agreement in a lump sum as soon as practicable following the date of termination, provided, however, that such payment will be delayed to the extent required by Section 4 and/or Section 5 10 of this Agreement. Except to the extent payment is delayed pursuant to Section 5(b9(b), all cash severance payments under this Agreement will be paid no later than the fifteenth (15) day March 15 of the third month year following the fiscal year in which the termination occurs.

Timing of Severance Payments. Unless otherwise required pursuant to Section 5 10 of this Agreement, the Company will pay the cash severance payments to which Executive is entitled under this Agreement in a lump sum as soon as reasonably practicable following the date of terminationExecutive’s termination of employment with the Company, provided, however, that such payment will be delayed to the extent required by Section 4 and/or Section 5 10 of this Agreement. Except to the extent payment is delayed pursuant to Section 5(b4 and/or Section 10(b), all cash severance payments under this Agreement will be paid no later than the fifteenth (15) day of the third month sixty days following the fiscal year in which date of Executive’s termination of employment with the termination occursCompany.

Timing of Severance Payments. Unless otherwise required pursuant to Section 5 of this Agreement, the Company will pay the cash severance payments to which Executive Employee is entitled under this Agreement in a lump sum as soon as practicable following the date of termination, provided, however, that such payment will be delayed to the extent required by Section 4 and/or Section 5 of this Agreement. Except to the extent payment is delayed pursuant to Section 5(b), all cash severance payments under this Agreement will be paid no later than the fifteenth (15) day of the third month following the fiscal year in which the termination occurs.