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.
Appears in 5 contracts
Samples: Change of Control and Severance Agreement (Ambarella Inc), Control and Severance Agreement, Change of Control and Severance Agreement (Ambarella Inc)
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.
Appears in 2 contracts
Samples: Change in Control Agreement (Maxlinear Inc), Change in Control Agreement (Maxlinear Inc)
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.
Appears in 2 contracts
Samples: Change in Control Agreement (Drugstore Com Inc), Change in Control Agreement (Drugstore Com Inc)
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 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.
Appears in 1 contract
Samples: Change in Control Agreement (Integrated Silicon Solution Inc)
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.
Appears in 1 contract