Common use of Salary Severance Clause in Contracts

Salary Severance. A lump sum severance payment equal to six (6) months of Executive’s Base Salary, at the highest rate in effect during the Employment Term, which will be paid in accordance with the Company’s regular payroll procedures.

Salary Severance. A lump sum severance payment equal to six twelve (612) months of Executive’s Base Salary, at the highest rate in effect during the Employment Term, which will be paid in accordance with the Company’s regular payroll procedures.

Salary Severance. A lump sum severance payment equal to six (6) months of Executive’s Base Salary, at the highest rate in effect during the Employment Term, which will be paid in accordance with the Company’s regular payroll procedures.

Salary Severance. A lump sum severance payment equal to six twelve (612) months of Executive’s Base Salary, at the highest rate in effect during the Employment Term, which will be become payable upon Executive’s termination of employment and will be paid in accordance with the Company’s regular payroll procedures.