Common use of Multiple of Salary and Severance Incentive Clause in Contracts

Multiple of Salary and Severance Incentive. An amount equal to 2.99 times the sum of (x) Base Salary plus (y) the Severance Incentive.

Appears in 4 contracts

Samples: Control Employment Agreement (Baltimore Gas & Electric Co), Control Employment Agreement (Exelon Corp), Control Employment Agreement (Exelon Corp)

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Multiple of Salary and Severance Incentive. An amount equal to 2.99 three (3.0) times the sum of (x) Base Salary plus (y) the Severance Incentive.

Appears in 4 contracts

Samples: Control Employment Agreement, Employment Agreement (Exelon Corp), Control Employment Agreement (Exelon Corp)

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Multiple of Salary and Severance Incentive. An amount equal to 2.99 [THREE (3.0)/TWO AND ONE-HALF (2.5)] times the sum of (x) Base Salary plus (y) the Severance Incentive.

Appears in 1 contract

Samples: Employment Agreement (Commonwealth Edison Co)

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