Common use of Cash Severance Payment Clause in Contracts

Cash Severance Payment. Executive shall receive a lump sum payment in an amount equal to twelve (12) months of Executive's base salary (less applicable withholding), paid within five (5) business days after the conclusion of the transition period (or after the termination date if there is no transition period requested by the Company).

Appears in 4 contracts

Samples: Retention and Severance Agreement (Move Inc), Retention and Severance Agreement (Move Inc), Executive Retention and Severance Agreement (Homestore Inc)

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Cash Severance Payment. Executive shall receive a lump sum payment in an amount equal to twelve (12) months of Executive's ’s base salary (less applicable withholding), paid within five (5) business days after the conclusion of the transition period (or after the termination date if there is no transition period requested by the Company).

Appears in 4 contracts

Samples: Retention and Severance Agreement (Move Inc), Retention and Severance Agreement (Move Inc), Retention and Severance Agreement (Move Inc)

Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to twelve fifteen (1215) months of Executive's ’s the effective base salary (less applicable withholding), paid within five ten (510) business days after the conclusion of the transition period (or after effective date of the termination date if there is no transition period requested by the Company)Termination Upon a Change of Control.

Appears in 4 contracts

Samples: Retention and Severance Agreement (Cepheid), Retention and Severance Agreement (Cepheid), Retention and Severance Agreement (Cepheid)

Cash Severance Payment. Executive shall receive a lump sum payment in ---------------------- an amount equal to twelve (12) months of Executive's base salary (less applicable withholding), paid within five (5) business days after the conclusion of the transition period (or after the termination date if there is no transition period requested by the Company).

Appears in 3 contracts

Samples: Retention and Severance Agreement (Homestore Com Inc), Retention and Severance Agreement (Homestore Com Inc), Retention and Severance Agreement (Homestore Com Inc)

Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to twelve (12) months of Executive's effective base salary (less applicable withholding), paid within five ten (510) business days after the conclusion of the transition period (or after effective date of the termination date if there is no transition period requested by the Company)Termination Upon a Change of Control.

Appears in 2 contracts

Samples: Retention and Severance Agreement (Cepheid), Retention and Severance Agreement (Cepheid)

Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to twelve eighteen (1218) months of Executive's the effective base salary (less applicable withholding), paid within five ten (510) business days after the conclusion of the transition period (or after effective date of the termination date if there is no transition period requested by the Company)Termination Upon a Change of Control.

Appears in 2 contracts

Samples: Retention and Severance Agreement (Cepheid), Retention and Severance Agreement (Cepheid)

Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to twelve fifteen (1215) months of Executive's ’s effective base salary (less applicable withholding), paid within five ten (510) business days after the conclusion of the transition period (or after effective date of the termination date if there is no transition period requested by the Company)Termination Upon a Change of Control.

Appears in 2 contracts

Samples: Retention and Severance Agreement (Cepheid), Retention and Severance Agreement (Cepheid)

Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to (i) [twelve (12) 12)/fifteen (15)/eighteen (18)] months of Executive's ’s then-effective annual base salary plus (ii) 100% of the target bonus for which the Executive would have been eligible during the year of termination pursuant to the Company’s then-effective Key Employee Incentive Plan or equivalent cash incentive bonus plan (less applicable withholding), paid within five ten (510) business days after the conclusion of the transition period (or after effective date of the termination date if there is no transition period requested by the Company)Termination Upon Change of Control.

Appears in 1 contract

Samples: Retention and Severance Agreement (Cepheid)

Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to twelve fifteen (1215) months of Executive's effective base salary (less applicable withholding), paid within five ten (510) business days after the conclusion of the transition period (or after effective date of the termination date if there is no transition period requested by the Company)Termination Upon a Change of Control.

Appears in 1 contract

Samples: Retention and Severance Agreement (Cepheid)

Cash Severance Payment. Provided that Executive complies with Section 7 below prior to fiftieth (50th) day following such termination, Executive shall receive a lump sum cash payment in an amount equal to twelve eighteen (1218) months of Executive's then effective base salary (less applicable withholding), paid within five on the first payroll date which is fifty (550) business days after the conclusion date of the transition period (or after the termination date if there is no transition period requested by the Company)termination.

Appears in 1 contract

Samples: Severance Agreement (Solar Enertech Corp)

Cash Severance Payment. Provided that Executive complies with Section 7 below prior to the forty-fifth (45th) day following such termination, Executive shall receive a lump sum cash payment in an amount equal to twelve eighteen (1218) months of Executive's then effective base salary (less applicable withholding), paid within on the first payroll date which is forty-five (545) business days after the conclusion date of the transition period (or after the termination date if there is no transition period requested by the Company)termination.

Appears in 1 contract

Samples: And Severance Agreement (Solar Enertech Corp)

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Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to twelve eighteen (1218) months of Executive's ’s effective base salary (less applicable withholding), paid within five ten (510) business days after the conclusion of the transition period (or after effective date of the termination date if there is no transition period requested by the Company)Termination Upon Change of Control.

Appears in 1 contract

Samples: Retention and Severance Agreement (Cepheid)

Cash Severance Payment. Executive shall receive a lump sum payment in ---------------------- an amount equal to twelve (12) months of Executive's base salary (less applicable withholding), paid within five (5) business days after the conclusion of the transition period (or after the Executive's termination date if there is no transition period requested by the Company)date.

Appears in 1 contract

Samples: Retention and Severance Agreement (Homestore Com Inc)

Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to twelve (12) months of Executive's ’s effective base salary (less applicable withholding), paid within five ten (510) business days after the conclusion of the transition period (or after effective date of the termination date if there is no transition period requested by the Company)Termination Upon a Change of Control.

Appears in 1 contract

Samples: Retention and Severance Agreement

Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to twelve eighteen (1218) months of Executive's ’s effective base salary (less applicable withholding), paid within five ten (510) business days after the conclusion of the transition period (or after effective date of the termination date if there is no transition period requested by the Company)Termination Upon a Change of Control.

Appears in 1 contract

Samples: Retention and Severance Agreement (Cepheid)

Cash Severance Payment. Executive shall receive a lump sum ---------------------- payment in an amount equal to twelve six (126) months of Executive's base salary (less applicable withholding), paid within five (5) business days after the conclusion of the transition period (or after the termination date if there is no transition period requested by the Company).

Appears in 1 contract

Samples: Retention and Severance Agreement (Homestore Com Inc)

Cash Severance Payment. Provided that Executive complies with Section 5 below, Executive shall receive a lump sum cash payment in an amount equal to twelve fifteen (1215) months of Executive's ’s effective base salary (less applicable withholding), paid within five ten (510) business days after the conclusion of the transition period (or after effective date of the termination date if there is no transition period requested by the Company)Termination Upon Change of Control.

Appears in 1 contract

Samples: Retention and Severance Agreement (Cepheid)

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