Common use of Basis for Payment Clause in Contracts

Basis for Payment. If, within twelve (12) months following a Change in Control, Executive’s employment is terminated by Company, other than for Cause, or if within such twelve (12) month period, Executive terminates his employment with the Company for Good Reason, Executive will be entitled to receive Severance.

Basis for Payment. If, within twelve (12) months following a Change in Control, Executive’s 's employment is terminated by Company, other than for Cause, or if within such twelve (12) month period, Executive terminates his employment with the Company for Good Reason, Executive will be entitled to receive Severance.