Cash Severance Payment. Executive shall receive 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 termination date if there is no transition period requested by the Company.)
Appears in 3 contracts
Samples: Retention and Severance Agreement (Move Inc), Retention and Severance Agreement (Move Inc), Retention and Severance Agreement (Move Inc)
Cash Severance Payment. Executive shall receive 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 termination date if there is no transition period requested by the Company.)
Appears in 2 contracts
Samples: Retention and Severance Agreement (Move Inc), Retention and Severance Agreement (Move Inc)
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 termination date if there is no transition period requested by the Company.)
Appears in 1 contract
Cash Severance Payment. Executive shall receive 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 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. Executive shall receive an amount equal to ---------------------- twelve (12) months of Executive’s 's base salary (less applicable withholding), paid within five (5) business days after payable over the conclusion of the transition period (or twelve months following Executive's termination date if there is no transition period requested by on the Company's regularly scheduled payroll dates.)
Appears in 1 contract
Samples: Retention and Severance Agreement (Homestore Com Inc)
Cash Severance Payment. Executive shall receive 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 termination date if there is no transition period requested by the Company.)) In addition, the Company shall pay 100% of the Executive's COBRA premiums for the same or reasonably equivalent medical coverage he had on the date of his termination for a period not to exceeds the earlier of one year following termination or until Executive becomes eligible for medical insurance coverage at a new employer.
Appears in 1 contract
Samples: Retention and Severance Agreement (Homestore Com Inc)