Common use of Cash Severance Payment Clause in Contracts

Cash Severance Payment. The Employee shall be entitled to receive a severance payment in an amount equal to the sum of (A) six (6) months of the Employee’s base salary as in effect immediately prior to such termination and (B) fifty percent (50%) of the Employee’s target performance bonus for the fiscal year of termination. Such severance payment shall be in lieu of any other severance payment to which the Employee shall be entitled pursuant to any employment agreement, offer letter or the Company’s then existing severance plans and policies. Such severance payment shall be payable in a lump sum within thirty (30) days of such termination in accordance with the Company’s normal payment practices.

Cash Severance Payment. The Employee shall be entitled to receive a severance payment in an amount equal to the sum of (A) six (6) months of the Employee’s base salary as in effect immediately prior to such termination the Involuntary Termination and (B) fifty percent (50%) of the Employee’s target performance bonus for the fiscal year of termination. Such severance payment shall be in lieu of any other severance payment to which the Employee shall be entitled pursuant to any employment agreement, offer letter or the Company’s then existing severance plans and policies. Such severance payment shall be payable in a lump sum within thirty (30) days of such termination the Involuntary Termination in accordance with the Company’s normal payment practices.

Cash Severance Payment. The Employee shall be entitled to receive a severance payment in an amount equal to the sum of (A) six (6) 12 months of the Employee’s base salary as in effect immediately prior to such termination the Involuntary Termination and (B) fifty one hundred percent (50100%) of the Employee’s target performance bonus for the fiscal year of termination. Such severance payment shall be in lieu of any other severance payment to which the Employee shall be entitled pursuant to any employment agreement, offer other letter or the Company’s then existing severance plans and policies. Such severance payment shall be payable in a lump sum within thirty (30) days of such termination the Involuntary Termination in accordance with the Company’s normal payment practices.

Cash Severance Payment. The Employee shall be entitled to receive a severance payment in an amount equal to the sum of (A) six twelve (612) months of the Employee’s base salary as in effect immediately prior to such termination the Involuntary Termination and (B) fifty one hundred percent (50100%) of the Employee’s target performance bonus for the fiscal year of termination. Such severance payment shall be in lieu of any other severance payment to which the Employee shall be entitled pursuant to any employment agreement, offer letter or the Company’s then existing severance plans and policies. Such severance payment shall be payable in a lump sum within thirty (30) days of such termination the Involuntary Termination in accordance with the Company’s normal payment practices.

Cash Severance Payment. The Employee shall be entitled to receive a severance payment in an amount equal to the sum of (A) six (6) 12 months of the Employee’s base salary as in effect immediately prior to such termination and (B) fifty one hundred percent (50100%) of the Employee’s target performance bonus for the fiscal year of termination. Such severance payment shall be in lieu of any other severance payment to which the Employee shall be entitled pursuant to any employment agreement, offer other letter or the Company’s then existing severance plans and policies. Such severance payment policies and shall be payable in a lump sum within thirty (30) days of such termination in accordance with the Company’s normal payment practices.

Cash Severance Payment. The Employee shall be entitled to receive a severance payment in an amount equal to the sum of (A) six (6) months of the Employee’s base salary as in effect immediately prior to such termination the Involuntary Termination and (B) fifty percent (50%) of the Employee’s target performance bonus for the fiscal year of termination. Such severance payment shall be in lieu of any other severance payment to which the Employee shall be entitled pursuant to any employment agreement, offer other letter or the Company’s then existing severance plans and policies. Such severance payment shall be payable in a lump sum within thirty (30) days of such termination the Involuntary Termination in accordance with the Company’s normal payment practices.

Cash Severance Payment. The Employee shall be entitled to receive a severance payment in an amount equal to the sum of (A) six (6) months of the Employee’s base salary as in effect immediately prior to such termination and (B) fifty one hundred percent (50100%) of the Employee’s target performance bonus for the fiscal year of termination. Such severance payment shall be in lieu of any other severance payment to which the Employee shall be entitled pursuant to any employment agreement, offer letter or the Company’s then existing severance plans and policies. Such severance payment shall be payable in a lump sum within thirty (30) days of such termination in accordance with the Company’s normal payment practices.

Cash Severance Payment. The Employee shall be entitled to receive a severance payment in an amount equal to the sum of (A) six (6) months of the Employee’s base salary as in effect immediately prior to such termination the Involuntary Termination and (B) fifty percent (50%) of the Employee’s target performance bonus for the fiscal year of termination. Such severance payment shall be in lieu of any other severance payment to which the Employee shall be entitled pursuant to any employment agreement, offer letter or the Company’s then existing severance plans and policies. Such severance payment shall be payable in a lump sum within thirty (30) days of such termination the Involuntary Termination in accordance with the Company’s normal payment practices.

Cash Severance Payment. The Employee shall be entitled to receive a severance payment in an amount equal to the sum of (A) six twelve (612) months of the Employee’s base salary as in effect immediately prior to such termination and (B) fifty one hundred percent (50100%) of the Employee’s target performance bonus for the fiscal year of termination. Such severance payment shall be in lieu of any other severance payment to which the Employee shall be entitled pursuant to any employment agreement, offer letter or the Company’s then existing severance plans and policies. Such severance payment shall be payable in a lump sum within thirty (30) 30 days of such termination in accordance with the Company’s normal payment practices.