Cash Severance. A lump sum cash amount equal to the product of (x) and (y) where (x) is the sum of Executive’s Annual Base Salary as then in effect in accordance with Section 2.1 and Executive’s Average Bonus and (y) is 2.0.
Appears in 8 contracts
Samples: Employment Agreement (Triumph Bancorp, Inc.), Employment Agreement (Triumph Bancorp, Inc.), Employment Agreement (Triumph Bancorp, Inc.)
Cash Severance. A lump sum cash amount equal to the product of (x) and (y) where (x) is the sum of Executive’s Annual Base Salary as then in effect in accordance with Section 2.1 and Executive’s Average Bonus and (y) is 2.01.0.
Appears in 6 contracts
Samples: Employment Agreement (Triumph Bancorp, Inc.), Employment Agreement (Triumph Bancorp, Inc.), Employment Agreement (Triumph Bancorp, Inc.)
Cash Severance. A lump sum cash amount equal to the product of (x) and (y) where (x) is the sum of Executive’s Annual Base Salary as then in effect in accordance with Section 2.1 and Executive’s Average Bonus and (y) is 2.01.00.
Appears in 2 contracts
Samples: Employment Agreement (Triumph Bancorp, Inc.), Employment Agreement (Triumph Bancorp, Inc.)
Cash Severance. A lump sum cash amount equal to the product of (x) and (y) where (x) is the sum of Executive’s Annual Base Salary as then in effect in accordance with Section 2.1 and Executive’s Average Bonus and (y) is 2.01.25.
Appears in 1 contract
Cash Severance. A lump sum cash amount equal to the product of (x) and (y) where (x) is the sum of Executive’s Annual Base Salary as then in effect in accordance with Section 2.1 and Executive’s Average Bonus and (y) is 2.02.5.
Appears in 1 contract
Cash Severance. A lump sum cash amount equal to the product 100% of (x) and (y) where (x) is the sum of (a) Executive’s Annual then-current Base Salary as then (or Executive’s Base Salary in effect immediately prior to the Change in accordance with Section 2.1 and Control, if higher) plus (b) Executive’s Average Bonus and (y) is 2.0.target annual incentive compensation, as determined under Section 2.2; and
Appears in 1 contract
Cash Severance. A lump sum cash amount equal to the product of (x) and (y) where (x) is the sum of Executive’s Annual Base Salary as then in effect in accordance with Section 2.1 and Executive’s Average Bonus and (y) is 2.01.5.
Appears in 1 contract
Cash Severance. A lump sum cash amount equal to the product of (x) and (y) where (x) is the sum of Executive’s Annual Base Salary as then in effect in accordance with Section 2.1 and Executive’s Average Bonus and (y) is 2.03.0.
Appears in 1 contract
