Change In Control Termination Payment definition

Change In Control Termination Payment means a cash payment equal to the sum of:
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Change In Control Termination Payment means an amount equal to (1) the Covered Executive’s Change in Control Termination Payment Multiple multiplied by (2) the sum of the Covered Executive’s (x) Base Salary plus (y) the Average Performance Bonus.
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Change In Control Termination Payment means an amount equal to a Participant’s Change in Control Termination Payment Multiple multiplied by the sum of (i) such Participant’s Base Salary and (ii) such Participant’s Target Annual Bonus.
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Examples of Change In Control Termination Payment in a sentence

  • Your Termination Payment Multiple shall be [Applicable Multiple] and your Change in Control Termination Payment Multiple shall be [Applicable Multiple].

  • Thus, the endeavor would be to build in strong technology inputs into the new vision of watershed programs.f. Monitoring, Evaluation and Learning: A participatory, outcome and impact-oriented and user-focused monitoring, evaluation and learning system would be put in place to obtain feedback and undertake improvements in planning, project design and implementation.

  • Each payment pursuant to this Plan, including but not limited to each installment payment of the Termination Payment and/or the Change in Control Termination Payment (as applicable), is intended to constitute a separate payment for purposes of Treasury Regulation Section 1.409A‑2(b)(2).


More Definitions of Change In Control Termination Payment

Change In Control Termination Payment means an amount equal to: (a) a Participant’s Change in Control Termination Payment Multiple, multiplied by (b) the sum of the Participant’s (i) Base Salary plus (ii) Target Annual Bonus.
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Change In Control Termination Payment means an amount equal to (a) the Participant’s Change in Control Multiplier multiplied by (b) the sum of: (i) a Participant’s Base Salary; plus (ii) a Participant’s Average Cash Bonus.
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Change In Control Termination Payment means a cash payment equal to $300,000 (the “Change In Control Termination Salary Payment”).(ii)
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Change In Control Termination Payment means a cash payment equal to the sum of: (i) a lump sum amount equal to the Employee’s Termination Salary Payment, as defined in Section 5(a) of this Agreement (the “Change In Control Termination Salary Payment”); and (ii) a lump sum amount equal to the Employee’s Termination Bonus Payment, as defined in Section 5(b) of this Agreement (the “Change In Control Termination Bonus Payment”) which shall be paid at the time such bonus payments are made to other employees. 4 (b)
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Related to Change In Control Termination Payment

  • Change in Control Termination means an “Involuntary Termination Without Cause” or “Resignation for Good Reason,” either of which occurs on, or within three (3) months prior to, or within twelve (12) months following, the effective date of a Change in Control, provided that any such termination is a “separation from service” within the meaning of Treasury Regulation Section 1.409A-1(h). Death and disability shall not be deemed Change in Control Terminations.

  • Qualifying Termination means a termination of Executive’s employment (i) by the Company other than for Cause or (ii) by Executive for Good Reason. Termination of Executive’s employment on account of death, Disability or Retirement shall not be treated as a Qualifying Termination.

  • Change in Control Transaction means the occurrence of any of the following events:

  • Change in Control means the occurrence of any of the following events: