Common use of Lump Sum Severance Payment Clause in Contracts

Lump Sum Severance Payment. Payment of a lump sum amount equal to twelve (12) months of Executive’s then-current Base Salary plus the Pro Rated Bonus, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release required by Paragraph 4(g) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.

Lump Sum Severance Payment. Payment of a lump sum amount equal to twelve (12) months of Executive’s then-current Base Salary plus the Pro Rated BonusSalary, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release release of claims required by Paragraph 4(g4(e) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.

Lump Sum Severance Payment. Payment of a lump sum amount equal to twelve (12) months of Executive’s then-current Base Salary plus the Pro Rated BonusSalary, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release release of claims required by Paragraph 4(gSection 4(e) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.

Lump Sum Severance Payment. Payment of a A lump sum amount payment equal to twelve (12) months of the Executive’s then-current Annual Base Salary plus the Pro Rated BonusSalary, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release required by Paragraph 4(g4(e) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.

Lump Sum Severance Payment. Payment of a lump sum amount equal to twelve (12) months of Executive’s then-current Base Salary plus the Pro Rated BonusExecutive’s then-current target performance bonus, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release required by Paragraph 4(g) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.

Lump Sum Severance Payment. Payment of a lump sum amount equal to twelve twenty four (1224) months of Executive’s then-current Base Salary plus the Pro Rated BonusSalary, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release release of claims required by Paragraph 4(gSection 4(e) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.

Lump Sum Severance Payment. Payment of a lump sum amount equal to twelve (12) months of Executive’s then-current Base Salary plus the Pro Rated BonusSalary, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release release of claims required by Paragraph 4(g4(e) becomes effective and non-revocable, but not after seventy fifty-five (7055) days following the effective date of termination from employment.

Lump Sum Severance Payment. Payment of a lump sum amount equal to twelve (12) months of Executive’s then-current Base Salary plus the Pro Rated Bonus, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release required by Paragraph 4(g) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.. 97424578v.1

Lump Sum Severance Payment. Payment of a lump sum amount equal to twelve (12) six months of Executive’s then-current Base Salary plus the Pro Rated BonusSalary, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release required by Paragraph 4(g4(e) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.

Lump Sum Severance Payment. Payment of a lump sum amount equal to twelve eighteen (1218) months of Executive’s then-current Base Salary plus the Pro Rated BonusSalary, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release release of claims required by Paragraph 4(gSection 4(e) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.

Lump Sum Severance Payment. Payment of a lump sum amount equal to twelve three (123) months of Executive’s then-current Base Salary plus the Pro Rated BonusSalary, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release required by Paragraph 4(g4(e) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.

Lump Sum Severance Payment. Payment of a lump sum amount equal to twelve nine (129) months of Executive’s then-current Base Salary plus the Pro Rated BonusSalary, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release release of claims required by Paragraph 4(g4(e) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.

Lump Sum Severance Payment. Payment of a lump sum amount equal to twelve eighteen (1218) months of Executive’s then-current Base Salary Salary, plus one-and-one- half (1.5) times the Pro Rated Bonustarget amount of the Annual Performance Bonus described in Section 3(b), less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release required by Paragraph 4(g) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.; provided, that if the