Common use of Lump Sum Severance Payment Clause in Contracts

Lump Sum Severance Payment. In lieu of any further salary payments to the Executive for periods subsequent to the Date of Termination, the Company shall pay to the Executive a lump sum severance payment, in cash, without discount, equal to three (3) times the sum of (i) the Executive's Annual Base Salary and (ii) the Executive's Average Bonus.

Lump Sum Severance Payment. In lieu of any further salary payments to the Executive for periods subsequent to after the Date of Termination, and in lieu of any severance benefits otherwise payable to the Executive, the Company shall will pay to the Executive a lump sum severance payment, in cash, without discount, equal to three two (3) or, if less, the number of years, including fractions, from the Date of Termination until the Executive reaches his Retirement Date), times the sum of (i) the Executive's Annual Base Salary and (ii) the Executive's Average Bonus.of

Lump Sum Severance Payment. In lieu of any further salary payments to the Executive for periods subsequent to the Date of Termination, the Company shall pay to the Executive a lump sum severance payment, in cash, without discount, equal to three (3) times the sum of (i) one-and-one-half times (1.5x) the Executive's ’s Annual Base Salary and (ii) one-and-one-half times (1.5x) the Executive's ’s Average Bonus (in the absence of an Average Bonus., this shall be interpreted as 50% of the Executive’s annualized salary times one-and-one-half)

Lump Sum Severance Payment. In lieu of any further salary payments to the Executive for periods subsequent to the Date of Termination, the Company shall pay to the Executive a lump sum severance payment, in cash, without discount, equal to three (3) times the sum of (i) the Executive's Annual Base Salary and (ii) the Executive's ’s Average Bonus.

Lump Sum Severance Payment. In lieu of any further salary payments to the Executive for periods subsequent to the Date of Termination, the Company shall pay to the Executive a lump sum severance payment, in cash, without discount, equal to three one-and-one half (31 1/2) times the sum of (i) the Executive's Annual Base Salary and (ii) the Executive's Average BonusSalary.

Lump Sum Severance Payment. In lieu of any further salary -------------------------- payments to the Executive for periods subsequent to the Date of Termination, the Company shall pay to the Executive a lump sum severance payment, in cash, without discount, equal to three (3) times the sum of (i) the Executive's Annual Base Salary and (ii) the Executive's Average Bonus.

Lump Sum Severance Payment. In lieu of any further salary payments to the Executive for periods subsequent to the Date of Termination, the Company shall pay to the Executive a lump sum severance payment, in cash, without discountequal to: (i) the Classification Factor (or, equal to three (3if less, the Retirement Factor) times the sum of (ix) the Executive's Annual Base Salary and (y) Executive's Annual Bonus; plus (ii) the Executive's Average BonusMatching Amount, if any."

Lump Sum Severance Payment. In lieu of any further salary payments to the Executive for periods subsequent to the Date of Termination, the Company shall will pay to the Executive a lump sum severance payment, in cash, without discountequal to: (i) the Classification Factor (or, equal to three (3if less, the Retirement Factor) times the sum of (ix) the Executive's ’s Annual Base Salary and (y) Executive’s Annual Bonus; plus (ii) the Executive's Average BonusMatching Amount, if any; plus (iii) the Incentive Shares Amount, if any.”

Lump Sum Severance Payment. In lieu of any further salary payments to the Executive for periods subsequent to the Date of Termination, the Company shall pay to the Executive a lump sum severance payment, in cash, without discountequal to: (i) the Classification Factor (or, equal to three (3if less, the Retirement Factor) times the sum of (ix) the Executive's ’s Annual Base Salary and (y) Executive’s Annual Bonus; plus (ii) the Executive's Average BonusMatching Amount, if any.

Lump Sum Severance Payment. In lieu of any further salary payments to the Executive for periods subsequent to the Date of Termination, the Company shall pay to the Executive a lump sum severance payment, in cash, without discount, equal to three (3) times the sum of (i) the Executive's ’s Annual Base Salary and (ii) the Executive's ’s Average Bonus.

Lump Sum Severance Payment. In lieu of any further salary payments to the Executive for periods subsequent after the Dateof Termination, and in lieu of any severance benefits otherwise payable to the Date of TerminationExecutive, the Company shall will pay to the Executive a lump sum severance payment, in cash, without discount, equal to three two (3) or, if less, the number of years, including fractions, from the Date of Termination until the Executive reaches his Retirement Date), times the sum of (i) the Executive's Annual Base Salary and (ii) the Executive's Average Bonus.of

Lump Sum Severance Payment. In lieu of any further salary payments to the Executive for periods subsequent to the Date of Termination, the Company shall pay to the Executive a lump sum severance payment, in cash, without discount, equal to three (3) one times the sum of (i) the Executive's Annual Base Salary and (ii) the Executive's Average BonusSalary.

Lump Sum Severance Payment. In lieu of any further salary payments to the Executive for periods subsequent to the Date of Termination, the Company shall pay to the Executive a lump sum severance payment, in cash, without discount, equal to three (3) times the sum of (i) the Executive's Annual Base Salary and (ii) the Executive's Average BonusSalary.

Lump Sum Severance Payment. In lieu of any further salary payments to the Executive for periods subsequent to the Date of Termination, the Company Regions shall pay to the Executive a lump sum severance payment, in cash, without discount, equal to three (3) times the sum of (iA) the Executive's Annual annual Base Salary and at the rate in effect immediately prior to the Date of Termination (ii) the Executive's Average Bonus.not taking into account any reduction in Base Salary that would