Common use of Amount of Change in Control Payment Clause in Contracts

Amount of Change in Control Payment. The Change in Control Payment shall be a lump sum payment equal to 2.99 times the Employee’s annual salary as of the effective date of the Change in Control.

Amount of Change in Control Payment. The Change in Control Payment shall be a lump sum payment equal to 2.99 times the greater of (i) the Employee’s 's annual salary as of the effective date of the Change in ControlControl or (ii) $120,000.

Amount of Change in Control Payment. The Change in Control Payment shall be a lump sum payment equal to 2.99 times the Employee’s 's annual salary as of the effective date of the Change in Control.