{"component": "clause", "props": {"groups": [{"snippet": "(i) A Regular Full-time Employee shall be eligible for severance pay in the amount of four (4) weeks regular pay for each full year of continuous employment to a maximum of eighty (80) weeks\u2019 pay.\n(ii) A Regular Part-time Employee shall be eligible for severance pay in the amount of four (4) weeks regular pay for each full period of one thousand eight hundred thirteen and one-half (1,813 \u00bd) hours worked at the Basic Rate of Pay to a maximum of eighty (80) weeks\u2019 pay.\n(iii) Regular pay shall be defined as regularly scheduled hours of work as at the date on which notice of layoff is issued (which for the purpose of clarity means regularly scheduled hours of work exclusive of overtime hours, call-back hours and additional hours for Part-time Employees) X Basic Rate of Pay (which for the purpose of clarity means Basic Rate of Pay exclusive of overtime payments and premium payments).\n(iv) For purposes of severance, continuous employment will be calculated from the last date of hire recognized with the Employee\u2019s current Employer and shall exclude all absences in excess of thirty (30) days.", "samples": [{"hash": "l1tKCvzFHxH", "uri": "/contracts/l1tKCvzFHxH#severance-amounts", "label": "Collective Agreement", "score": 35.8219039177, "published": true}, {"hash": "lq0fJdLPalB", "uri": "/contracts/lq0fJdLPalB#severance-amounts", "label": "Collective Agreement", "score": 33.1494530218, "published": true}, {"hash": "h2lJZfS1JxI", "uri": "/contracts/h2lJZfS1JxI#severance-amounts", "label": "Collective Agreement", "score": 32.6567268573, "published": true}], "snippet_links": [{"key": "a-regular-full", "type": "clause", "offset": [4, 18]}, {"key": "severance-pay", "type": "definition", "offset": [55, 68]}, {"key": "pay-for", "type": "clause", "offset": [109, 116]}, {"key": "full-year", "type": "definition", "offset": [122, 131]}, {"key": "continuous-employment", "type": "definition", "offset": [135, 156]}, {"key": "a-regular-part", "type": "clause", "offset": [202, 216]}, {"key": "period-of", "type": "definition", "offset": [325, 334]}, {"key": "hours-worked", "type": "definition", "offset": [394, 406]}, {"key": "pay-to", "type": "definition", "offset": [428, 434]}, {"key": "scheduled-hours-of-work", "type": "clause", "offset": [520, 543]}, {"key": "notice-of-layoff", "type": "clause", "offset": [568, 584]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [602, 620]}, {"key": "overtime-hours", "type": "definition", "offset": [682, 696]}, {"key": "additional-hours-for-part", "type": "clause", "offset": [718, 743]}, {"key": "time-employees", "type": "clause", "offset": [744, 758]}, {"key": "overtime-payments", "type": "clause", "offset": [851, 868]}, {"key": "premium-payments", "type": "definition", "offset": [873, 889]}, {"key": "for-purposes-of", "type": "clause", "offset": [897, 912]}, {"key": "last-date-of-hire", "type": "definition", "offset": [974, 991]}, {"key": "the-employee", "type": "definition", "offset": [1008, 1020]}, {"key": "current-employer", "type": "definition", "offset": [1023, 1039]}], "size": 4, "hash": "31e554e6337118dcd86ee2a1e3ae90dc", "id": 1}, {"snippet": "At the conclusion of the Offer Period, \u2587\u2587\u2587\u2587\u2587 shall provide a list of all Available Employees to whom \u2587\u2587\u2587\u2587\u2587 submitted an offer. For each \u2587\u2587\u2587\u2587\u2587 Employee (i) who is not made an offer of employment that would avoid a Qualifying Termination for such employee (as such term is defined in LINN\u2019s Severance Plan, attached hereto as Schedule 7) and (ii) whose employment is terminated by LINN on or prior to the end of the Term, \u2587\u2587\u2587\u2587\u2587 will be charged 100 percent of any severance fees and obligations associated with such termination. For each \u2587\u2587\u2587\u2587\u2587-\u2587\u2587\u2587\u2587 Employee (x) who is not made an offer of employment that would avoid a Qualifying Termination for such employee and (y) whose employment is terminated by LINN on or prior to the end of the Term, \u2587\u2587\u2587\u2587\u2587 will be charged 30 percent of any severance fees and obligations associated with such termination (the aggregate amount payable by \u2587\u2587\u2587\u2587\u2587 under this Section 4.3 is referred to herein as \u201c\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 Fees\u201d). LINN shall retain responsibility for (A) 70 percent of any severance fees and obligations associated with the termination on or prior to the end of the Term of any \u2587\u2587\u2587\u2587\u2587-\u2587\u2587\u2587\u2587 Employee, and (B) 100 percent of any severance fees and obligations associated with the termination of any LINN employee who is not an Available Employee or whose employment is not terminated on or before the end of the Term (even if such employee provides Services under this Agreement).", "samples": [{"hash": "9XWj81MF4r1", "uri": "/contracts/9XWj81MF4r1#severance-amounts", "label": "Transition Services and Separation Agreement", "score": 31.340862423, "published": true}, {"hash": "g5Vsz8WrzWz", "uri": "/contracts/g5Vsz8WrzWz#severance-amounts", "label": "Transition Services and Separation Agreement (Riviera Resources, LLC)", "score": 29.4845995893, "published": true}, {"hash": "OGhby21otM", "uri": "/contracts/OGhby21otM#severance-amounts", "label": "Transition Services and Separation Agreement (Linn Energy, Inc.)", "score": 28.1676933607, "published": true}], "snippet_links": [{"key": "conclusion-of", "type": "clause", "offset": [7, 20]}, {"key": "offer-period", "type": "definition", "offset": [25, 37]}, {"key": "a-list", "type": "definition", "offset": [59, 65]}, {"key": "available-employees", "type": "definition", "offset": [73, 92]}, {"key": "offer-of-employment", "type": "definition", "offset": [174, 193]}, {"key": "termination-for", "type": "definition", "offset": [224, 239]}, {"key": "severance-plan", "type": "definition", "offset": [289, 303]}, {"key": "schedule-7", "type": "definition", "offset": [324, 334]}, {"key": "employment-is-terminated", "type": "clause", "offset": [351, 375]}, {"key": "prior-to-the", "type": "clause", "offset": [390, 402]}, {"key": "end-of-the-term", "type": "clause", "offset": [403, 418]}, {"key": "associated-with", "type": "definition", "offset": [492, 507]}, {"key": "amount-payable", "type": "clause", "offset": [860, 874]}, {"key": "section-43", "type": "clause", "offset": [895, 906]}, {"key": "responsibility-for", "type": "clause", "offset": [975, 993]}, {"key": "termination-on", "type": "clause", "offset": [1067, 1081]}, {"key": "term-of", "type": "clause", "offset": [1109, 1116]}, {"key": "termination-of", "type": "definition", "offset": [1220, 1234]}, {"key": "services-under-this-agreement", "type": "clause", "offset": [1389, 1418]}], "size": 3, "hash": "e077cfa16f638cc038caa0b8c36aae0b", "id": 2}, {"snippet": "In the event that the Company terminates the employment of Executive without Cause or the Executive resigns her employment with the Company with Good Reason, Executive shall receive:\n(i) subject to the terms of subsection 12.1(b) below, severance payments according to the following schedule:\n(1) If termination occurs on or before the first anniversary of the Commencement Date, then an amount equal to 200% of her then-current base salary;\n(2) If termination occurs after the first anniversary of the Commencement Date, then an amount equal to 100% of her then-current base salary.\n(ii) provided that Executive is then-eligible for and timely elects COBRA coverage, payment of Executive\u2019s COBRA premiums for a period not to exceed eighteen (18) months; and that amount will be the amount of her then current COBRA payment; and\n(iii) any other compensation and benefits owed at termination of employment pursuant to Article 4.", "samples": [{"hash": "14v4SFvLe3x", "uri": "/contracts/14v4SFvLe3x#severance-amounts", "label": "Employment Agreement (Christopher & Banks Corp)", "score": 23.8336755647, "published": true}], "snippet_links": [{"key": "in-the-event", "type": "clause", "offset": [0, 12]}, {"key": "employment-of-executive", "type": "clause", "offset": [45, 68]}, {"key": "without-cause", "type": "definition", "offset": [69, 82]}, {"key": "the-executive", "type": "clause", "offset": [86, 99]}, {"key": "employment-with-the-company", "type": "definition", "offset": [112, 139]}, {"key": "with-good-reason", "type": "clause", "offset": [140, 156]}, {"key": "terms-of", "type": "definition", "offset": [202, 210]}, {"key": "severance-payments", "type": "definition", "offset": [237, 255]}, {"key": "according-to", "type": "definition", "offset": [256, 268]}, {"key": "first-anniversary", "type": "definition", "offset": [336, 353]}, {"key": "the-commencement-date", "type": "clause", "offset": [357, 378]}, {"key": "equal-to", "type": "definition", "offset": [395, 403]}, {"key": "current-base-salary", "type": "clause", "offset": [421, 440]}, {"key": "provided-that", "type": "clause", "offset": [589, 602]}, {"key": "cobra-coverage", "type": "definition", "offset": [652, 666]}, {"key": "payment-of", "type": "definition", "offset": [668, 678]}, {"key": "cobra-premiums", "type": "definition", "offset": [691, 705]}, {"key": "not-to-exceed", "type": "clause", "offset": [719, 732]}, {"key": "cobra-payment", "type": "definition", "offset": [810, 823]}, {"key": "other-compensation-and-benefits", "type": "clause", "offset": [839, 870]}, {"key": "termination-of-employment", "type": "definition", "offset": [879, 904]}, {"key": "pursuant-to-article-4", "type": "clause", "offset": [905, 926]}], "size": 1, "hash": "059dff06bfc392fbc3525aa671d974e0", "id": 3}, {"snippet": "(a) The attached Schedule 12.3(a) sets forth, as to each Employee, (i) the Retention Period applicable to the Employee, and (ii) the formula or method for calculating an agreed amount (the \u201cSeverance Amount\u201d) of the total severance payment Seller Service Co will be required to make to the Employee upon his or her severance or termination under the Severance Policy, excluding any accrued but unpaid salaries or wages as of the date of termination or severance. Buyer shall pay to Seller Service Co a fee equal to the Severance Amounts that are owed to the Employees (except for the Retiring Employees) (i) to which Buyer Service Co does not offer employment on or prior to the expiration of the Retention Period for such Employees, (ii) who do not accept the offer of employment of Buyer Service Co, or (iii) as a result of the benefits offered by Buyer Service Co differing from the benefits provided by Seller Service Co. With respect to each Employee to whom Seller Service Co is required to pay a Severance Amount, Buyer shall pay, or shall cause Buyer Service Co to pay, to Seller a fee equal to the amount of such Severance Amount due such Employee at least one day prior to the date that Seller Service Co is required to make such Severance Amount to such Employee. Buyer shall not be obligated to pay any amounts to Seller Service Co for any severance payments that are owed by Seller Service Co to Retiring Employees in connection with such Retiring Employees retirement. By agreeing to pay Seller a fee in an amount equal to the Severance Amounts for the Employees (except for the Retiring Employees), Buyer is not undertaking any obligation to make such Severance Amounts to such Employees, and Seller Service Co shall remain responsible for making the Severance Amounts and Employee Benefits associated with the Employees under Applicable Law.\n(b) If (i) Buyer notifies Seller in writing that Buyer Service Co does not intend to make an offer of employment to an Employee, (ii) Buyer or Buyer Service Co instructs Seller in writing that Buyer Service Co does not wish an Employee to be employed in connection with the Business, or (iii) the Retention Period as to an Employee has lapsed without Buyer Service Co having made such Employee a Comparable Offer, whichever is the first to occur, then (A) Seller shall immediately notify Buyer that Seller Service Co intends to terminate the employment of such Employee in accordance with the Severance Policy within 10 days after the occurrence of such event (the \u201cSeverance Date\u201d), (B) Buyer shall pay, or shall cause Buyer Service Co to pay, Seller a handling and administration fee equal to the amount of the Severance Amount due such Employee in accordance with Section 12.3(a) at least one day prior to the Severance Date, and (C) Seller shall cause Seller Service Co to terminate the employment of such Employee in accordance with the Severance Policy on the Severance Date.\n(c) Buyer Service Co shall have the right, but not the obligation, to negotiate with or to hire any of the Retiring Employees. If Buyer Service Co elects to make an offer to any such Retiring Employee, the Retiring Employee will be given the option (i) to be hired by Buyer Service Co (with recognition of seniority) or (ii) to remain with Seller Service Co, in which latter case the Retiring Employee will be entitled to exercise the option of early retirement under Seller Service Co\u2019s Pension Plan. If any such Retiring Employee rejects an offer of employment from Buyer Service Co and, thus, elects to remain with Seller Service Co or exercise the option of early retirement, Buyer Service Co will have no obligation to cover any severance with respect to the Retiring Employee. If Buyer Service Co hires a Retiring Employee, and the Retiring Employee (after being hired by Buyer Service Co) asserts any claim against Buyer or Buyer Service Co with respect to early retirement under the Pension Plan of Seller Service Co, Seller agrees to indemnify and hold Buyer and Buyer Service Co harmless from and against such claim.\n(d) If, within three years after the Closing Date, Seller or any Affiliate of Seller employs any Employee who was terminated under Section 12.3(b), then Seller shall notify Buyer in writing of such employment and, within 15 days after such Employee has been employed by Seller or its Affiliate, Seller shall reimburse Buyer for the handling and administration fee paid to Seller by Buyer with respect to such Employee under Section 12.3(b). The payment obligation under this Section 12.3(d) shall not limit or restrict the rights and remedies of Buyer or the duties and obligations of Seller under any other provision of this Agreement, including the non-competition agreement set forth in Section 11.7.", "samples": [{"hash": "g0go6VH8GHB", "uri": "/contracts/g0go6VH8GHB#severance-amounts", "label": "Asset Purchase and Sale Agreement (Desc S a De C V)", "score": 21.0, "published": true}], "snippet_links": [{"key": "retention-period", "type": "definition", "offset": [75, 91]}, {"key": "to-the-employee", "type": "definition", "offset": [103, 118]}, {"key": "agreed-amount", "type": "clause", "offset": [170, 183]}, {"key": "total-severance-payment", "type": "definition", "offset": [216, 239]}, {"key": "seller-service", "type": "definition", "offset": [240, 254]}, {"key": "termination-under", "type": "clause", "offset": [328, 345]}, {"key": "severance-policy", "type": "definition", "offset": [350, 366]}, {"key": "date-of-termination", "type": "clause", "offset": [429, 448]}, {"key": "buyer-shall", "type": "clause", "offset": [463, 474]}, {"key": "to-seller", "type": "definition", "offset": [479, 488]}, {"key": "equal-to", "type": "definition", "offset": [506, 514]}, {"key": "the-employees", "type": "clause", "offset": [554, 567]}, {"key": "retiring-employees", "type": "clause", "offset": [584, 602]}, {"key": "employment-on", "type": "clause", "offset": [649, 662]}, {"key": "prior-to-the", "type": "clause", "offset": [666, 678]}, {"key": "expiration-of-the", "type": "clause", "offset": [679, 696]}, {"key": "employment-of", "type": "clause", "offset": [770, 783]}, {"key": "by-buyer", "type": "clause", "offset": [847, 855]}, {"key": "benefits-provided", "type": "clause", "offset": [886, 903]}, {"key": "by-seller", "type": "clause", "offset": [904, 913]}, {"key": "with-respect-to", "type": "clause", "offset": [926, 941]}, {"key": "to-pay", "type": "clause", "offset": [994, 1000]}, {"key": "seller-a", "type": "definition", "offset": [1081, 1089]}, {"key": "severance-payments", "type": "definition", "offset": [1352, 1370]}, {"key": "employees-in", "type": "clause", "offset": [1418, 1430]}, {"key": "employees-retirement", "type": "clause", "offset": [1461, 1481]}, {"key": "responsible-for", "type": "clause", "offset": [1739, 1754]}, {"key": "employee-benefits", "type": "clause", "offset": [1788, 1805]}, {"key": "associated-with", "type": "definition", "offset": [1806, 1821]}, {"key": "applicable-law", "type": "clause", "offset": [1842, 1856]}, {"key": "in-writing", "type": "clause", "offset": [1891, 1901]}, {"key": "an-employee", "type": "clause", "offset": [1974, 1985]}, {"key": "employed-in-connection-with", "type": "definition", "offset": [2100, 2127]}, {"key": "the-business", "type": "clause", "offset": [2128, 2140]}, {"key": "employee-has", "type": "clause", "offset": [2181, 2193]}, {"key": "without-buyer", "type": "clause", "offset": [2201, 2214]}, {"key": "comparable-offer", "type": "definition", "offset": [2254, 2270]}, {"key": "seller-shall", "type": "clause", "offset": [2314, 2326]}, {"key": "the-employment", "type": "clause", "offset": [2396, 2410]}, {"key": "in-accordance-with", "type": "definition", "offset": [2428, 2446]}, {"key": "days-after", "type": "definition", "offset": [2478, 2488]}, {"key": "severance-date", "type": "clause", "offset": [2524, 2538]}, {"key": "administration-fee", "type": "clause", "offset": [2625, 2643]}, {"key": "the-severance-amount", "type": "clause", "offset": [2667, 2687]}, {"key": "the-obligation", "type": "clause", "offset": [2991, 3005]}, {"key": "to-negotiate", "type": "definition", "offset": [3007, 3019]}, {"key": "will-be-given", "type": "clause", "offset": [3164, 3177]}, {"key": "the-option", "type": "clause", "offset": [3178, 3188]}, {"key": "recognition-of-seniority", "type": "clause", "offset": [3231, 3255]}, {"key": "to-exercise", "type": "clause", "offset": [3359, 3370]}, {"key": "early-retirement", "type": "definition", "offset": [3385, 3401]}, {"key": "no-obligation-to", "type": "clause", "offset": [3647, 3663]}, {"key": "plan-of", "type": "definition", "offset": [3939, 3946]}, {"key": "indemnify-and-hold", "type": "clause", "offset": [3983, 4001]}, {"key": "buyer-and-buyer", "type": "clause", "offset": [4002, 4017]}, {"key": "after-the-closing-date", "type": "clause", "offset": [4094, 4116]}, {"key": "affiliate-of-seller", "type": "clause", "offset": [4132, 4151]}, {"key": "employee-who-was", "type": "clause", "offset": [4164, 4180]}, {"key": "employed-by", "type": "definition", "offset": [4325, 4336]}, {"key": "fee-paid", "type": "clause", "offset": [4427, 4435]}, {"key": "payment-obligation", "type": "definition", "offset": [4512, 4530]}, {"key": "rights-and-remedies-of-buyer", "type": "clause", "offset": [4590, 4618]}, {"key": "obligations-of-seller", "type": "clause", "offset": [4637, 4658]}, {"key": "other-provision-of-this-agreement", "type": "clause", "offset": [4669, 4702]}, {"key": "the-non", "type": "clause", "offset": [4714, 4721]}, {"key": "competition-agreement", "type": "definition", "offset": [4722, 4743]}], "size": 1, "hash": "038ad94c43e35f8678def27df75b94e2", "id": 4}, {"snippet": "In the event of Termination Without Cause at any time during the term, Executive shall be entitled only to continue to receive as liquidated severance amounts (i) his Base Salary for a period of twelve (12) months following the date of such Termination Without Cause, payable in equal twice monthly installments, and (ii) an amount equal to Thirty per cent (30%) of the Base Salary payable over the same period. The severance payments shall terminate upon Executive securing gainful engagement or employment during the time that severance payments are payable. No such severance amounts are due in respect of Resignation by Executive or Termination for Cause. During the twelve (12) month period during which the severance amounts are paid, Executive shall keep Mako informed, in writing, of all engagements or employments. Executive agrees to use his best efforts to secure engagement or employment.", "samples": [{"hash": "dPuGS9g2BHz", "uri": "/contracts/dPuGS9g2BHz#severance-amounts", "label": "Executive Employment Agreement (Mako Marine International Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "event-of-termination-without-cause", "type": "clause", "offset": [7, 41]}, {"key": "at-any-time", "type": "clause", "offset": [42, 53]}, {"key": "during-the-term", "type": "clause", "offset": [54, 69]}, {"key": "to-receive", "type": "definition", "offset": [116, 126]}, {"key": "period-of", "type": "definition", "offset": [185, 194]}, {"key": "following-the", "type": "definition", "offset": [214, 227]}, {"key": "date-of", "type": "clause", "offset": [228, 235]}, {"key": "monthly-installments", "type": "definition", "offset": [291, 311]}, {"key": "equal-to", "type": "definition", "offset": [332, 340]}, {"key": "per-cent", "type": "definition", "offset": [348, 356]}, {"key": "salary-payable", "type": "clause", "offset": [375, 389]}, {"key": "severance-payments", "type": "definition", "offset": [416, 434]}, {"key": "upon-executive", "type": "definition", "offset": [451, 465]}, {"key": "engagement-or-employment", "type": "clause", "offset": [483, 507]}, {"key": "in-respect-of", "type": "clause", "offset": [595, 608]}, {"key": "resignation-by-executive", "type": "clause", "offset": [609, 633]}, {"key": "termination-for-cause", "type": "clause", "offset": [637, 658]}, {"key": "period-during-which", "type": "clause", "offset": [689, 708]}, {"key": "in-writing", "type": "clause", "offset": [777, 787]}, {"key": "agrees-to", "type": "clause", "offset": [834, 843]}, {"key": "best-efforts", "type": "clause", "offset": [852, 864]}, {"key": "to-secure", "type": "clause", "offset": [865, 874]}], "size": 1, "hash": "f68a5a31f99a6b29b76d427dca0f0744", "id": 5}, {"snippet": "In the event that the Company terminates the employment of Executive without Cause or the Executive resigns her employment with the Company with Good Reason, Executive shall receive:\n(i) subject to the terms of subsection 12.1(b) below, severance payments according to the following schedule:\n(1) An amount equal to 100% of Executive\u2019s highest annual salary at any time during the 12 month period preceding the termination;\n(2) Payment of any annual incentive bonus otherwise payable (but for the cessation of Executive\u2019s employment) with respect to a performance period ended prior to the cessation of Executive\u2019s employment with such payment made no later than one-hundred twenty (120) days after the close of the fiscal year to which the payment relates; and\n(3) Payment of a pro-rata annual incentive bonus for the performance period in which the termination occurs, determined and paid in the same manner and at the same time as Executive\u2019s annual incentive bonus would otherwise have been determined and paid for the applicable performance period, but for the cessation of Executive\u2019s employment. Such incentive bonus will be prorated based on the number of days of the applicable performance period transpired prior to the date of termination KJ - Employment Agreement (February 1, 2018) 10 relative to the total number of days contained in the applicable performance period.\n(ii) provided that Executive is then-eligible for and timely elects COBRA coverage, payment of a cash amount equivalent to Executive\u2019s COBRA medical and dental premiums for a period of eighteen (18) months; based upon the amount of her then current COBRA medical and dental payments as of the date of termination such payment to be made no later than ninety (90) days after Executive\u2019s last day of employment; and\n(iii) any other compensation and benefits owed at termination of employment pursuant to Article 4.", "samples": [{"hash": "9XkFx0ycMc8", "uri": "/contracts/9XkFx0ycMc8#severance-amounts", "label": "Employment Agreement (Christopher & Banks Corp)", "score": 29.0985626283, "published": true}], "snippet_links": [{"key": "in-the-event", "type": "clause", "offset": [0, 12]}, {"key": "employment-of-executive", "type": "clause", "offset": [45, 68]}, {"key": "without-cause", "type": "definition", "offset": [69, 82]}, {"key": "the-executive", "type": "clause", "offset": [86, 99]}, {"key": "employment-with-the-company", "type": "definition", "offset": [112, 139]}, {"key": "with-good-reason", "type": "clause", "offset": [140, 156]}, {"key": "terms-of", "type": "definition", "offset": [202, 210]}, {"key": "severance-payments", "type": "definition", "offset": [237, 255]}, {"key": "according-to", "type": "definition", "offset": [256, 268]}, {"key": "equal-to", "type": "definition", "offset": [307, 315]}, {"key": "highest-annual-salary", "type": "definition", "offset": [336, 357]}, {"key": "at-any-time", "type": "clause", "offset": [358, 369]}, {"key": "the-termination", "type": "clause", "offset": [407, 422]}, {"key": "payment-of", "type": "definition", "offset": [428, 438]}, {"key": "annual-incentive-bonus", "type": "definition", "offset": [443, 465]}, {"key": "cessation-of", "type": "clause", "offset": [497, 509]}, {"key": "with-respect-to", "type": "clause", "offset": [534, 549]}, {"key": "prior-to-the", "type": "clause", "offset": [577, 589]}, {"key": "days-after", "type": "definition", "offset": [688, 698]}, {"key": "fiscal-year", "type": "definition", "offset": [716, 727]}, {"key": "the-payment", "type": "clause", "offset": [737, 748]}, {"key": "the-performance", "type": "clause", "offset": [815, 830]}, {"key": "in-the-same-manner", "type": "definition", "offset": [891, 909]}, {"key": "as-executive", "type": "clause", "offset": [931, 943]}, {"key": "applicable-performance-period", "type": "definition", "offset": [1023, 1052]}, {"key": "based-on", "type": "clause", "offset": [1141, 1149]}, {"key": "number-of-days", "type": "definition", "offset": [1154, 1168]}, {"key": "date-of-termination", "type": "clause", "offset": [1230, 1249]}, {"key": "employment-agreement", "type": "definition", "offset": [1255, 1275]}, {"key": "total-number-of", "type": "definition", "offset": [1314, 1329]}, {"key": "contained-in", "type": "definition", "offset": [1335, 1347]}, {"key": "provided-that", "type": "clause", "offset": [1388, 1401]}, {"key": "cobra-coverage", "type": "definition", "offset": [1451, 1465]}, {"key": "cash-amount", "type": "definition", "offset": [1480, 1491]}, {"key": "to-executive", "type": "clause", "offset": [1503, 1515]}, {"key": "medical-and-dental-premiums", "type": "clause", "offset": [1524, 1551]}, {"key": "period-of", "type": "definition", "offset": [1558, 1567]}, {"key": "payment-to", "type": "clause", "offset": [1701, 1711]}, {"key": "last-day-of-employment", "type": "clause", "offset": [1769, 1791]}, {"key": "other-compensation-and-benefits", "type": "clause", "offset": [1807, 1838]}, {"key": "termination-of-employment", "type": "definition", "offset": [1847, 1872]}, {"key": "pursuant-to-article-4", "type": "clause", "offset": [1873, 1894]}], "size": 1, "hash": "e8ba733682b02555a98e543464b43f4f", "id": 6}, {"snippet": "For the period beginning with the Termination Date and continuing through September 30, 2015, the Bank and GCB hereby agree to pay \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 pay in the amount of Twenty-Five Thousand Dollars ($25,000.00) per year, provided he signs the release attached as Exhibit A as required by this Agreement. Such amount shall be paid in a lump sum on or about August 1st of each year with a pro-rated amount being paid for the period of August and September 2015. With regard to payment for 2007, this sum shall not be paid until \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 signs Exhibit A and its seven day revocation period has expired. Payments in accordance with this Paragraph shall terminate if \u2587\u2587. \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 becomes employed by another person or business, which employment provides \u2587\u2587. \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 with eligibility to participate in any health, medical, and/or health insurance plan.", "samples": [{"hash": "l9D8l8fkJaN", "uri": "/contracts/l9D8l8fkJaN#severance-amounts", "label": "Employment Agreement (Greater Community Bancorp)", "score": 19.0, "published": true}], "snippet_links": [{"key": "termination-date", "type": "definition", "offset": [34, 50]}, {"key": "the-bank", "type": "clause", "offset": [94, 102]}, {"key": "to-pay", "type": "clause", "offset": [124, 130]}, {"key": "five-thousand", "type": "clause", "offset": [178, 191]}, {"key": "per-year", "type": "definition", "offset": [213, 221]}, {"key": "the-release", "type": "clause", "offset": [241, 252]}, {"key": "exhibit-a", "type": "clause", "offset": [265, 274]}, {"key": "by-this-agreement", "type": "clause", "offset": [287, 304]}, {"key": "lump-sum", "type": "definition", "offset": [337, 345]}, {"key": "august-1st", "type": "clause", "offset": [358, 368]}, {"key": "each-year", "type": "definition", "offset": [372, 381]}, {"key": "period-of", "type": "definition", "offset": [425, 434]}, {"key": "with-regard-to", "type": "clause", "offset": [462, 476]}, {"key": "payment-for", "type": "clause", "offset": [477, 488]}, {"key": "seven-day-revocation-period", "type": "clause", "offset": [561, 588]}, {"key": "in-accordance-with", "type": "definition", "offset": [611, 629]}, {"key": "employed-by", "type": "definition", "offset": [685, 696]}, {"key": "another-person", "type": "clause", "offset": [697, 711]}, {"key": "participate-in", "type": "definition", "offset": [784, 798]}, {"key": "health-insurance-plan", "type": "definition", "offset": [827, 848]}], "size": 1, "hash": "2796e2fb285f1832df11c6d9a36ce2fb", "id": 7}, {"snippet": "If Employee's employment is terminated by Employee for Good Reason or pursuant to Section 4.2.4(a), then, subject to Employee's compliance with the provisions and restrictions of Sections 5.1, 5.2 and 5.3, (i) the Company shall pay the Employee his Salary through the Date of Termination at the rate in effect at the time Notice of Termination is given and (ii) in lieu of any further salary payments to the Employee for periods subsequent to the Date of Termination, Company shall pay, as severance pay to the Employee, an amount equal to the product of (A) the Employee's annual Salary in effect as of the Date of Termination divided by 12; multiplied by (B) the number 24, (the \"severance amounts) such payment to be made as soon as reasonably possible with due regard to the financial status of the Company but not later than (i) ninety (90) days following the Date of Termination with respect to at least the first $250,000 of such amount, and (ii) one hundred eighty (180) days following the Date of Termination with respect to the balance of such amount. In the event the balance of the severance amount has not been paid to Employee within said ninety (90) day period, the unpaid balance shall bear interest, from such ninetieth (90th) day until paid, at an annual rate of interest equal to the sum of the \"prime rate\" publicly announced from time to time by First Union National Bank plus 4.00 percent. In the event that Company fails to make either payment pursuant to this Section, Employee shall cease to be bound by the restrictions set forth in Section 5.3.", "samples": [{"hash": "7P338wkCTKw", "uri": "/contracts/7P338wkCTKw#severance-amounts", "label": "Employment Agreement (Cti Group Holdings Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "if-employee", "type": "definition", "offset": [0, 11]}, {"key": "employment-is-terminated", "type": "clause", "offset": [14, 38]}, {"key": "by-employee-for-good-reason", "type": "clause", "offset": [39, 66]}, {"key": "pursuant-to-section", "type": "definition", "offset": [70, 89]}, {"key": "to-employee", "type": "definition", "offset": [114, 125]}, {"key": "the-provisions", "type": "clause", "offset": [144, 158]}, {"key": "the-company-shall", "type": "clause", "offset": [210, 227]}, {"key": "date-of-termination", "type": "clause", "offset": [268, 287]}, {"key": "the-rate", "type": "definition", "offset": [291, 299]}, {"key": "in-effect", "type": "definition", "offset": [300, 309]}, {"key": "at-the-time", "type": "clause", "offset": [310, 321]}, {"key": "notice-of-termination", "type": "clause", "offset": [322, 343]}, {"key": "in-lieu-of", "type": "clause", "offset": [362, 372]}, {"key": "payments-to-the-employee", "type": "clause", "offset": [392, 416]}, {"key": "subsequent-to-the", "type": "clause", "offset": [429, 446]}, {"key": "pay-to", "type": "definition", "offset": [500, 506]}, {"key": "equal-to", "type": "definition", "offset": [531, 539]}, {"key": "the-product", "type": "clause", "offset": [540, 551]}, {"key": "annual-salary", "type": "clause", "offset": [574, 587]}, {"key": "divided-by", "type": "clause", "offset": [628, 638]}, {"key": "payment-to", "type": "clause", "offset": [706, 716]}, {"key": "due-regard", "type": "definition", "offset": [761, 771]}, {"key": "status-of-the-company", "type": "clause", "offset": [789, 810]}, {"key": "following-the", "type": "definition", "offset": [851, 864]}, {"key": "with-respect-to", "type": "clause", "offset": [885, 900]}, {"key": "the-balance", "type": "clause", "offset": [1034, 1045]}, {"key": "in-the-event-the", "type": "clause", "offset": [1062, 1078]}, {"key": "the-severance-amount", "type": "clause", "offset": [1090, 1110]}, {"key": "day-period", "type": "definition", "offset": [1165, 1175]}, {"key": "unpaid-balance", "type": "definition", "offset": [1181, 1195]}, {"key": "annual-rate-of-interest", "type": "clause", "offset": [1266, 1289]}, {"key": "sum-of", "type": "clause", "offset": [1303, 1309]}, {"key": "prime-rate", "type": "clause", "offset": [1315, 1325]}, {"key": "publicly-announced", "type": "definition", "offset": [1327, 1345]}, {"key": "from-time-to-time", "type": "clause", "offset": [1346, 1363]}, {"key": "first-union-national-bank", "type": "definition", "offset": [1367, 1392]}, {"key": "the-restrictions", "type": "clause", "offset": [1529, 1545]}, {"key": "section-53", "type": "clause", "offset": [1559, 1570]}], "size": 1, "hash": "7a2f159fb58c3fa7b8f39057346c901b", "id": 8}, {"snippet": "and the Executive Supplemental Pension Plan. Notwithstanding any possible interpretation to the contrary, for purposes of determining the Executive's accrued benefit under the Ruby Tuesday, Inc. Executive Supplemental Pension Plan, no amounts payable to the Executive pursuant to Section 4 hereof shall increase his \"Annual Base Salary\" (as defined therein).", "samples": [{"hash": "70l2ZKfmzk7", "uri": "/contracts/70l2ZKfmzk7#severance-amounts", "label": "Employment Agreement (Ruby Tuesday Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "supplemental-pension-plan", "type": "definition", "offset": [18, 43]}, {"key": "for-purposes-of", "type": "clause", "offset": [106, 121]}, {"key": "accrued-benefit", "type": "clause", "offset": [150, 165]}, {"key": "ruby-tuesday", "type": "definition", "offset": [176, 188]}, {"key": "to-the-executive", "type": "clause", "offset": [251, 267]}, {"key": "pursuant-to-section-4", "type": "clause", "offset": [268, 289]}, {"key": "annual-base-salary", "type": "definition", "offset": [317, 335]}], "size": 1, "hash": "65c474d2494ad722446506dc7b51b1fb", "id": 9}, {"snippet": "From and after Closing, with respect to any Offered Employees who do not become Transferred Employees, Purchaser shall reimburse Seller for any severance payments Seller makes to such employees (to the extent such payments are not greater than the severance amounts indicated for such employees on Schedule 4.23). Purchaser shall make such reimbursement from time to time within five Business Days after receipt from Seller of an invoice therefor, indicating the applicable employee and the amount of severance payment.", "samples": [{"hash": "5Z0znmP3jMC", "uri": "/contracts/5Z0znmP3jMC#severance-amounts", "label": "Asset Purchase Agreement (Eloyalty Corp)", "score": 21.0, "published": true}], "snippet_links": [{"key": "from-and-after-closing", "type": "clause", "offset": [0, 22]}, {"key": "with-respect-to", "type": "clause", "offset": [24, 39]}, {"key": "employees-who", "type": "clause", "offset": [52, 65]}, {"key": "transferred-employees", "type": "definition", "offset": [80, 101]}, {"key": "severance-payments", "type": "definition", "offset": [144, 162]}, {"key": "to-the-extent", "type": "clause", "offset": [195, 208]}, {"key": "on-schedule", "type": "definition", "offset": [295, 306]}, {"key": "from-time-to-time", "type": "clause", "offset": [354, 371]}, {"key": "days-after", "type": "definition", "offset": [393, 403]}, {"key": "from-seller", "type": "clause", "offset": [412, 423]}, {"key": "an-invoice", "type": "clause", "offset": [427, 437]}, {"key": "employee-and-the", "type": "clause", "offset": [474, 490]}, {"key": "amount-of-severance-payment", "type": "clause", "offset": [491, 518]}], "size": 1, "hash": "2948e218a0c3b5a3f0e5b7f0d00c0c3d", "id": 10}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhpzZXZlcmFuY2UtYW1vdW50cyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"title": "Severance Amounts", "parents": [["employment", "Employment"], ["termination", "Termination"], ["termination-without-cause-or-with-good-reason", "Termination Without Cause or With Good Reason"], ["miscellaneous", "Miscellaneous"], ["specific-performance", "Specific Performance"]], "children": [["employment-agreement-amount", "Employment Agreement Amount"], ["serp-amount", "SERP Amount"], ["gross-up-payment", "Gross-Up Payment"], ["code-section-409a-compliance", "Code Section 409A Compliance"], ["409a-compliance", "409A Compliance"]], "size": 22, "id": "severance-amounts", "related": [["severance-amount", "Severance Amount", "Severance Amount"], ["severance-payments", "Severance Payments", "Severance Payments"], ["termination-benefits", "Termination Benefits", "Termination Benefits"], ["separation-payments", "Separation Payments", "Separation Payments"], ["severance-pay", "Severance Pay", "Severance Pay"]], "related_snippets": [], "updated": "2025-07-07T12:37:54+00:00"}, "json": true, "cursor": ""}}