Common use of Salary Payment Clause in Contracts

Salary Payment. Under this subparagraph, the Executive shall be entitled to receive one-time payment in an amount equal to one (1) times his then Salary payable in a single lump sum within thirty (30) days of termination.

Salary Payment. Under this subparagraph, the Executive shall be entitled to receive a one-time payment in an amount equal to one (1) times his then annual Salary at the highest annualized rate in effect during the one year immediately preceding such date, payable in a single lump sum within thirty (30) days of termination.

Salary Payment. Under this subparagraph, the Executive shall be entitled to receive a one-time payment in an amount equal to one (1) times his then annual Salary at the highest annualized rate in effect during the one year immediately preceding such date, payable in a single lump sum within thirty (30) days of six months and one day after the termination.

Salary Payment. Under this subparagraph, the Executive shall be entitled to receive a one-time payment in an amount equal to one two (12) times his then annual Salary at the highest annualized rate in effect during the one year immediately preceding such date, payable in a single lump sum within thirty (30) days of termination.

Salary Payment. Under this subparagraph, the Executive shall be entitled to receive a one-time payment in an amount equal to one two (12) times his then annual Salary at the highest annualized rate in effect during the one year immediately preceding such date, payable in a single lump sum within thirty (30) days of six months and one day after the termination.