Common use of Lump Sum Cash Payment Clause in Contracts

Lump Sum Cash Payment. Within thirty (30) days following the date of Executive's Covered Termination, Executive shall receive a lump sum cash payment equal to fifty percent (50%) of the sum of Base Pay plus Deemed Bonus, subject to applicable tax withholding.

Appears in 4 contracts

Samples: Executive Severance Benefits Agreement (Award Software International Inc), Executive Severance Benefits Agreement (Award Software International Inc), Executive Severance Benefits Agreement (Award Software International Inc)

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Lump Sum Cash Payment. Within thirty (30) days following the date of Executive's Covered Termination, Executive shall receive a lump sum cash payment equal to fifty one hundred percent (50100%) of the sum of Base Pay plus Deemed Bonus, subject to applicable tax withholding.

Appears in 2 contracts

Samples: Executive Severance Benefits Agreement (Award Software International Inc), Executive Severance Benefits Agreement (Award Software International Inc)

Lump Sum Cash Payment. Within thirty (30) days following the date of Executive's Covered Termination, Executive shall receive a lump sum cash payment equal to fifty percent (50%) of the sum of Base Pay plus Deemed BonusPay, subject to applicable tax withholding.

Appears in 1 contract

Samples: Executive Severance Benefits Agreement (Award Software International Inc)

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Lump Sum Cash Payment. Within thirty (30) days following the date of Executive's Covered Termination, Executive shall receive a lump sum cash payment equal to fifty three hundred percent (50300%) of the sum of Base Pay plus Deemed Bonus, subject to applicable tax withholding.

Appears in 1 contract

Samples: Executive Severance Benefits Agreement (Award Software International Inc)

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