Additional Severance. In lieu of any further salary and bonus payments to Executive for periods subsequent to the Date of Termination, or other severance payments, the Company will pay as severance pay to Executive two times the sum of:
Appears in 4 contracts
Samples: Employment Agreement (Gateway Energy Corp/Ne), Employment Agreement (Gateway Energy Corp/Ne), Employment Security Agreement (Isco Inc)
Additional Severance. In lieu of any further salary and bonus payments to Executive for periods subsequent to the Date date of Termination, termination or other severance payments, the Company will pay as severance pay to Executive two three times the sum of:
Appears in 3 contracts
Samples: Employment Security Agreement (Ballantyne of Omaha Inc), Employment Security Agreement (Ballantyne of Omaha Inc), Employment Security Agreement (Ballantyne of Omaha Inc)
Additional Severance. In lieu of any further salary and bonus payments to Executive for periods subsequent to the Date of Termination, or other severance payments, the Company will pay as severance pay to Executive two times the the- sum of: Executive's annual base salary as of the date of Change in Control, or as of the Date of Termination, whichever is greater; and Executive's annual bonus under the Plan. Executive's annual bonus amount is to be based on the greater of:
Appears in 1 contract
Additional Severance. In lieu of any further salary and bonus payments to Executive for periods subsequent to the Date of Termination, or other severance payments, the Company will pay as severance pay to Executive two three times the sum of:
Appears in 1 contract
