Common use of Amount of Severance Payment Clause in Contracts

Amount of Severance Payment. (a) If you become entitled to a Severance Payment under this Agreement, the Company shall pay to you a lump sum payment equal to [2][3] times one year’s Annualized Compensation.

Amount of Severance Payment. (a) If you become entitled to a Severance Payment under this Agreement, the Company shall pay to you a lump sum payment equal to [2][3two (2)] [three (3)] times one year’s Annualized Compensation.

Amount of Severance Payment. (a) If you become entitled to a Severance Payment under this Agreement, the Company shall pay to you a lump sum payment equal to [2][3] times one year’s 's Annualized Compensation.

Amount of Severance Payment. (a) If you become entitled to a Severance Payment under this Agreement, the Company shall pay to you a lump sum payment equal to { ALTERNATIVES: [2][3two (2)] [three (3)] } times one year’s Annualized Compensation, plus an amount equal to your Annual Bonus, divided by 12, and multiplied by the number of whole months during the relevant bonus year in which you were employed for at least one day.