Common use of Salary Severance Clause in Contracts

Salary Severance. A single, lump sum payment equal to [ ] months of the Executive’s Salary (as defined below), less applicable withholdings.

Appears in 4 contracts

Samples: Change in Control and Severance Agreement (Sumo Logic, Inc.), Change in Control and Severance Agreement (Momentive Global Inc.), Change in Control and Severance Agreement (SVMK Inc.)

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Salary Severance. A single, lump sum payment equal to [ [[CEO and Tier 2: twelve (12)][Tier 3: six (6)]] months of the Executive’s Salary (as defined below), less applicable withholdings.

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (Arlo Technologies, Inc.), Change in Control and Severance Agreement (Arlo Technologies, Inc.)

Salary Severance. A single, lump sum payment equal to [ ] months of the Executive’s Salary (as defined below)Salary, less applicable withholdings.

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (Sumo Logic, Inc.), Change in Control and Severance Agreement (Momentive Global Inc.)

Salary Severance. A single, lump sum payment equal to [ [twelve (12) / nine (9) / six (6)] months of the Executive’s Salary (as defined below), less applicable withholdings.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Codex DNA, Inc.)

Salary Severance. A single, lump sum payment equal to [ [— (—)] months of the Executive’s Salary (as defined below)Salary, less applicable withholdings.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Roblox Corp)

Salary Severance. A single, lump sum payment equal to [ ] months of the Executive’s Salary (as defined below), less applicable withholdings.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Sumo Logic, Inc.)

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Salary Severance. A single, lump sum payment equal to [ ] months of the Executive’s Salary (as defined below)) for a period equal to 12 months, less applicable withholdings.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Vizio Holding Corp.)

Salary Severance. A single, lump sum payment payment, less applicable withholdings, equal to [ ] the sum of twelve (12) months of the Executive’s Salary (as defined below), less applicable withholdings.. 

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Silk Road Medical Inc)

Salary Severance. A single, lump sum payment equal to [ [— (—)] months of the Executive’s Salary (as defined below), less applicable withholdings.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Roblox Corp)

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