Description of Severance Benefits. In the event the Executive becomes entitled to receive Severance Benefits, as provided in Sections 3.1 and 3.2 herein, the Company shall pay to the Executive and provide him with the following:
Description of Severance Benefits. The severance benefits paid to you if you timely sign, return and do not revoke this letter agreement are described in the “Description of Severance Benefits” attached as Attachment A (the “severance benefits”).
Description of Severance Benefits. In the event the Executive becomes entitled to receive Severance Benefits as provided in Sections 4.1 and 4.2 herein, the Company shall pay to the Executive and provide him or her with the following:
Description of Severance Benefits. For purposes of this Agreement, “Severance Benefits” are defined as:
Description of Severance Benefits. In the event that an Executive becomes entitled to receive Severance Benefits, as provided in Section 3.1 herein, PCFC shall pay to the Executive and provide the Executive with the following:
Description of Severance Benefits. If you timely sign and return this letter agreement [and do not revoke your acceptance], and provided you abide by all of the obligations set forth herein, the Company will provide you with the severance benefits set forth in [Section )] of the [Insert Date] [Offer Letter] between you and the Company (the “Severance Benefits”).
Description of Severance Benefits. For purposes of this Agreement, "Severance Benefits" are defined as severance pay equivalent to twelve (12) months of your Base Salary (defined below) in effect as of your last day of employment with PeoplePC (the "Termination Date"). The severance pay will be paid in a single lump sum within seven (7) days after the effective date of the release described below, and will be subject to standard payroll deductions and withholdings. To receive the Severance Benefits, you must first sign a general release of claims in favor of the Company in the form attached hereto as Exhibit B.
Description of Severance Benefits. In the event the Officer becomes entitled to receive Severance Benefits as provided in Section 3.1(a) herein, the Employer (subject to Section 3.1(c)) shall provide the Officer with the following:
Description of Severance Benefits. Subject to, and to the extent applicable, the payment distribution rules applicable to “specified employees” (as defined in Code section 409A) set forth in Section 6.12 herein, in the event that the Executive incurs a Qualifying Termination, the Company shall pay to the Executive and provide the Executive the following:
Description of Severance Benefits. If you timely sign and return this Agreement and do not revoke your acceptance, the Company will provide the severance benefits set forth in the 2015 Letter Agreement as amended from time to time, between you and the Company (the “Severance Benefits”). You will not be eligible for, nor shall you have a right to receive, any payments or benefits from the Company following the Separation Date other than as described in Section 2 hereof and the 2015 Letter Agreement.
