Common use of Cash Severance Payments Clause in Contracts

Cash Severance Payments. Provided that within sixty (60) days following Executive’s Termination Upon a Change in Control, Executive executes the Release and the period for revocation of the Release has expired without the Release having been revoked, Executive shall be entitled to receive an amount equal to Executive’s Base Salary Rate multiplied by eighteen (18). The Company shall pay such amount to Executive in a lump sum cash payment within ten (10) business days following the last to occur of (i) Executive’s termination of employment or (ii) the last day on which Executive may revoke the Release in accordance with its terms.

Cash Severance Payments. Provided that within sixty (60) days following Executive’s Termination Upon a Change in ControlInvoluntary Termination, Executive executes the Release and the period for revocation of the Release has expired without the Release having been revoked, Executive shall be entitled to receive an amount equal to Executive’s Base Salary Rate multiplied by eighteen nine (189). The Company shall pay such amount to Executive in a lump sum cash payment within ten (10) business days following the last to occur of (i) Executive’s termination of employment or (ii) the last day on which Executive may revoke the Release in accordance with its terms.

Cash Severance Payments. Provided that within sixty (60) days following Executive’s Termination Upon a Change in Control, Executive executes the Release and the period for revocation of the Release has expired without the Release having been revoked, Executive shall be entitled to receive an amount equal to Executive’s Base Salary Rate multiplied by eighteen twenty-four (1824). The Company shall pay such amount to Executive in a lump sum cash payment within ten (10) business days following the last to occur of (i) Executive’s termination of employment or (ii) the last day on which Executive may revoke the Release in accordance with its terms.

Cash Severance Payments. Provided that within sixty (60) days following Executive’s Termination Upon a Change in ControlInvoluntary Termination, Executive executes the Release and the period for revocation of the Release has expired without the Release having been revoked, Executive shall be entitled to receive an amount equal to Executive’s Base Salary Rate multiplied by eighteen twelve (1812). The Company shall pay such amount to Executive in a lump sum cash payment within ten (10) business days following the last to occur of (i) Executive’s termination of employment or (ii) the last day on which Executive may revoke the Release in accordance with its terms.