Common use of Separation Payment Clause in Contracts

Separation Payment. The Company agrees to pay Employee a total of One Hundred Eighty-Seven Thousand Three Hundred Eighty-Seven Dollars ($187,387.00), less applicable withholdings (the “Separation Payment”). Per Employee’s request, the Company shall pay the Separation Payment in a lump sum on the first regularly scheduled payroll date following the Effective Date in accordance with the Company’s regular payroll practices.

Separation Payment. The Company agrees to pay provide Employee with a total separation payment equal to $438,461.54, which is equivalent to 48 weeks of One Hundred Eighty-Seven Thousand Three Hundred Eighty-Seven Dollars base salary ($187,387.00), less applicable withholdings (the “Cash Separation Payment”). Per Employee’s requestUpon receipt of an executed Agreement and expiration of the revocation period and other performance required in this Agreement, the Company shall separation pay the Separation Payment will be paid in a lump sum on the first regularly scheduled payroll date following the Effective Date in accordance with the Companynext regular pay cycle. Company will withhold all appropriate federal and state income and employment taxes from this payment. Unless otherwise agreed, payment will be made via Employee’s regular payroll practicesdirect deposit account.

Separation Payment. The Company agrees to pay Employee a the lump sum total of One Hundred Eighty-Seven Thousand Three Hundred Eighty-Seven Dollars ($187,387.00), 121,153.85 less applicable withholdings (such payment being the “Separation Payment”). Per The Separation Payment is equivalent to 15 weeks’ of Employee’s request, base salary as in effect on the Notice Date. The Company shall pay the Separation Payment to Employee in a lump sum on the first regularly scheduled payroll date following cycle after the Effective Date of this Agreement, in accordance with the Company’s regular payroll practices.

Separation Payment. The Company agrees to pay Employee a the lump sum total of One Hundred Eightyninety-Seven Thousand Three Hundred Eightyone thousand eight hundred and seventy-Seven Dollars five dollars ($187,387.00), 91,875) less applicable withholdings (such payment being the “Separation Payment”). Per , which is equivalent to two months of Employee’s request, the base pay. The Company shall pay the Separation Payment in a lump sum to Employee within fifteen (15) business days of the effective date of the Supplemental Release by direct deposit to Employee’s bank account on the first regularly scheduled payroll date following the Effective Date in accordance record with the Company’s regular payroll practices.

Separation Payment. The Company agrees to will pay Employee a total of One Hundred Eighty-Seven Thousand Three Hundred Eighty-Seven Dollars ($187,387.00), less applicable withholdings (the “Separation Payment”). Per Employee’s request, the Company shall pay the Separation Payment in you a lump sum total of $202,595.00, subject to standard payroll deductions and withholdings, which is equivalent to six (6) months of your base salary rate as of the Separation Date (as provided for under your Employment Agreement with the Company that you signed on the first regularly scheduled payroll date following April 20, 2021 (“Employment Agreement”)). This amount will be paid within ten (10) business days after the Effective Date (as defined in accordance with the Company’s regular payroll practicesADEA Release Section below).

Separation Payment. The Company agrees to pay Employee a total the amount equivalent to two months’ pay on an annual salary base of $135,000 (One Hundred Eighty-Seven Thousand Three Hundred Eighty-Seven Dollars ($187,387.00hundred thirty five thousand dollars), less applicable withholdings (withholding. This payment(s) will be made to Employee congruent with the “Separation Payment”). Per Employee’s request, the Company shall pay the Separation Payment in a lump sum on the first regularly scheduled payroll date following cycle(s) that follow the Effective Date in accordance with the Company’s regular payroll practicesof this Agreement and is subject to all applicable withholding.

Separation Payment. The Company agrees to pay Employee at a total rate of One Hundred Eighty-Seven Thousand Three Hundred Eighty-Seven Dollars ($187,387.00)47,666.67 per month, less applicable withholdings (such payment being the “Separation Payment”), for a period of twelve (12) months following the Termination Date. Per Employee’s request, the The Company shall pay commence the first monthly Separation Payment in a lump sum on the first regularly scheduled payroll date to Employee no earlier than within five (5) days following the Effective Date Date, in accordance with the Company’s regular payroll practices.

Separation Payment. The Company agrees to will pay Employee a total lump sum of One Hundred Eighty-Seven Thousand Three Hundred Eighty-Seven Dollars ($187,387.00)350,000, less applicable withholdings withholding (the “Separation Payment”). Per Employee’s request, This payment will be made to Employee within fourteen (14) business days after the Company shall pay Effective Date (as defined below). Employee acknowledges and agrees that the Separation Payment shall be in a lump sum on the first regularly scheduled payroll date following the Effective Date 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 accordance connection with the Company’s regular payroll practicesany Company policy, employment agreement or otherwise.