Common use of Basic Severance Clause in Contracts

Basic Severance. You shall receive payment of the Basic Severance in a lump sum within thirty (30) days following the Termination Date unless a different payment date is prescribed by an applicable compensation, incentive or benefit plan, in which case payment shall be made in accordance with such plan; and

Appears in 15 contracts

Samples: Employment Agreement (Activision Blizzard, Inc.), Corrected Employment Agreement (Activision Blizzard, Inc.), Employment Agreement (Activision Blizzard, Inc.)

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Basic Severance. You or your legal representative, as the case may be, shall receive payment of the Basic Severance in a lump sum within thirty (30) days following the Termination Date unless a different payment date is prescribed by an applicable compensation, incentive or benefit plan, in which case payment shall be made in accordance with such plan; and;

Appears in 14 contracts

Samples: Employment Agreement (Activision Blizzard, Inc.), Corrected Employment Agreement (Activision Blizzard, Inc.), Employment Agreement (Activision Blizzard, Inc.)

Basic Severance. You shall receive payment of the Basic Severance in a lump sum within thirty (30) days following the Termination Date unless a different payment date is prescribed by an applicable compensation, incentive or benefit plan, in which case payment shall be made in accordance with such plan; and;

Appears in 13 contracts

Samples: Employment Agreement (Activision Blizzard, Inc.), Corrected Employment Agreement (Activision Blizzard, Inc.), Employment Agreement (Activision Blizzard, Inc.)

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Basic Severance. You shall receive payment of the Basic Severance in a lump sum within thirty (30) days following the Termination Date unless a different payment date is prescribed by an applicable compensation, incentive or benefit plan, in which case payment shall be made in accordance with such plan; and.

Appears in 1 contract

Samples: Employment Agreement (Activision Blizzard, Inc.)

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