Xxxxxxxxx Benefit. If Employee is terminated by reason of an Involuntary Termination of Employee's employment (other than a Termination for Cause), the Company will make a severance payment to Employee in an aggregate amount equal to the sum of one (1) times Employee's then-current annual rate of base salary in monthly installments over a one year period following the date of Employee's Involuntary Termination.
Appears in 2 contracts
Samples: Employment Agreement (Quadramed Corp), Employment Agreement (Quadramed Corp)
Xxxxxxxxx Benefit. If Employee is terminated by reason of an Involuntary Termination of Employee's ’s employment (other than a Termination for Cause), the Company will make a severance payment to Employee in an aggregate amount equal to the sum of one six (16) times months of the Employee's ’s then-current annual rate of base salary in monthly installments over a one year six (6) month period following the date of Employee's ’s Involuntary Termination.
Appears in 2 contracts
Samples: Employment Agreement (Quadramed Corp), Employment Agreement (Quadramed Corp)
Xxxxxxxxx Benefit. If Employee is terminated by reason of an Involuntary Termination of Employee's ’s employment (other than a Termination for Cause), the Company will make a severance payment to Employee in an aggregate amount equal to the sum of one (1) times year of the Employee's ’s then-current annual rate of base salary in monthly installments over a one year twelve (12) month period following the date of Employee's ’s Involuntary Termination.
Appears in 1 contract