Common use of Separation Payment Clause in Contracts

Separation Payment. The Company will pay Employee a lump-sum payment of nine hundred thirty thousand dollars ($930,000.00), which is equal to two hundred percent (200%) of Employee’s annual base salary, less applicable withholdings.

Separation Payment. The Company will agrees to pay Employee a lump-the lump sum total of $121,153.85 less applicable withholdings (such payment of nine hundred thirty thousand dollars ($930,000.00being the “Separation Payment”), which . The Separation Payment is equal equivalent to two hundred percent (200%) 15 weeks’ of Employee’s annual base salarysalary as in effect on the Notice Date. The Company shall pay the Separation Payment to Employee in the first payroll cycle after the Effective Date of this Agreement, less applicable withholdingsin accordance with the Company’s regular payroll practices.

Separation Payment. The Company will further agrees to pay Employee a lump-total lump sum payment of nine hundred thirty thousand dollars Twenty Thousand Dollars and No/Cents ($930,000.0020,000.00), which is equal to two hundred percent (200%) of Employee’s annual base salary, less applicable withholdings.withholding. This payment will be made to Employee within ten (10) business days after the Effective Date of this Agreement. SEPARATION AGREEMENT 1 COMPANY CONFIDENTIAL

Separation Payment. The Company will agrees to pay Employee a lump-lump sum payment of nine hundred thirty thousand dollars ($930,000.00), which is equal to two hundred percent (200%) of Employee’s annual base salary485,000.00, less applicable withholdings. This payment will be made to Employee within thirty (30) business days after the Effective Date of this Agreement.

Separation Payment. The Company will agrees to pay Employee a lumpthe lump sum total of ninety-sum payment of nine one thousand eight hundred thirty thousand and seventy-five dollars ($930,000.0091,875) less applicable withholdings (such payment being the “Separation Payment”), which is equal equivalent to two hundred percent (200%) months of Employee’s annual base salary, less applicable withholdingspay. The Company shall pay the Separation Payment to Employee within fifteen (15) business days of the effective date of the Supplemental Release by direct deposit to Employee’s bank account on record with the Company.

Separation Payment. The Company will pay Employee you a lump-lump sum payment total of nine hundred thirty thousand dollars ($930,000.00)202,595.00, subject to standard payroll deductions and withholdings, which is equal equivalent to two hundred percent six (200%6) months of Employee’s annual your base salarysalary rate as of the Separation Date (as provided for under your Employment Agreement with the Company that you signed on April 20, less applicable withholdings2021 (“Employment Agreement”)). This amount will be paid within ten (10) business days after the Effective Date (as defined in the ADEA Release Section below).

Separation Payment. The Company will pay cause Employee to be paid a lumplump sum equivalent to one and one-sum payment of nine hundred thirty thousand dollars half ($930,000.00), which is equal to two hundred percent (200%1.5) months of Employee’s annual base salarysalary as of the Separation Date, for a total of Eighty-One Thousand Two Hundred Fifty Dollars ($81,250), less applicable payroll deductions and withholdings. This payment will be made to Employee within ten (10) business days after the Effective Date of this Agreement.

Separation Payment. The Company will pay Employee a lump-lump sum payment of nine hundred thirty thousand dollars ($930,000.00), which is equal to two hundred percent (200%) of Employee’s annual base salary350,000, less applicable withholdingswithholding (the “Separation Payment”). This payment will be made to Employee within fourteen (14) business days after the Effective Date (as defined below). Employee acknowledges and agrees that the Separation Payment shall be in lieu of any other separation benefits or payments to which Employee may be entitled (other than vested benefits under Company pension or retirement plans), whether in connection with any Company policy, employment agreement or otherwise.

Separation Payment. The Company will agrees to pay Employee a lump-lump sum payment of equivalent to nine hundred thirty thousand dollars ($930,000.00), which is equal to two hundred percent (200%9) months of Employee’s annual base salary, for a total of $300,273.84, less applicable withholdingswithholding. This payment will be made to Employee within ten (10) business days after the effective date of the Release Agreement.