Common use of Xxxxxxxxx Benefit Clause in Contracts

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)

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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)

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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

Samples: Employment Agreement (Quadramed Corp)

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