Common use of Severance Compensation upon Termination Clause in Contracts

Severance Compensation upon Termination. (a) In the event of the Employee's involuntary Termination of Employment for reason other than Cause, the Company shall continue to pay to the Employee, upon the execution of a release substantially in the form being used by the Company, prior to a Change of Control, for terminating executives, an amount equal to her Base Compensation, subject to customary employment taxes and deductions, for 12 months following her Termination Date but all other benefit coverages (except as specified by law or regulation), retirement benefits and fringe benefit eligibility shall cease upon the Termination Date.

Severance Compensation upon Termination. (a) In the event of the Employee's involuntary Termination of Employment for reason other than Cause, as consideration for the non-competition and non-solicitation covenants contained in Sections 12 and 13, the Company shall continue to pay to the Employee, upon the execution of a release substantially in form and substance satisfactory to the form being used by the Companycompany and its counsel, prior to a Change of Control, for terminating executives, an amount equal to her his regular Base CompensationSalary, subject to customary employment taxes and deductions, for 12 months following her the Termination Date but all other benefit coverages (except as specified by law or regulation)coverages, retirement benefits and fringe benefit eligibility shall cease upon the Termination Date.

Severance Compensation upon Termination. (a) In the event of the Employee's involuntary Termination of Employment for reason other than Cause, the Company shall continue to pay to the Employee, upon the execution of a release substantially in the form being used by the Company, prior to a Change of Control, for terminating executives, an amount equal to her one-half his Base Compensation, subject to customary employment taxes and deductions, for 12 six months following her the Termination Date but all other benefit coverages (except as specified by law or regulation), retirement benefits and fringe benefit eligibility shall cease upon the Termination Date.

Severance Compensation upon Termination. (a) In the event of the Employee's involuntary Termination of Employment for reason other than Cause, the Company shall continue to pay to the Employee, upon the execution of a release substantially in the form being used by the Company, prior to a Change of Control, for terminating executives, an amount equal to her his Base Compensation, subject to customary employment taxes and deductions, for 12 months following her his Termination Date but all other benefit coverages (except as specified by law or regulation), retirement benefits and fringe benefit eligibility shall cease upon the Termination Date.

Severance Compensation upon Termination. (a) In the event of the Employee's involuntary Termination of Employment for reason other than Cause, as consideration for the non-competition and non-solicitation covenants contained in Sections 12 and 13, the Company shall continue to pay to the Employee, upon the execution of a release substantially in form and substance satisfactory to the form being used by the Companycompany and its counsel, prior to a Change of Control, for terminating executives, an amount equal to her regular Base CompensationSalary, subject to customary employment taxes and deductions, for 12 months following her the Termination Date but all other benefit coverages (except as specified by law or regulation)coverages, retirement benefits and fringe benefit eligibility shall cease upon the Termination Date.

Severance Compensation upon Termination. (a) In the event of the Employee's involuntary Termination of Employment for reason other than Cause, the Company shall continue to pay to the Employee, upon the execution of a release (substantially in the form being used by the Company, Company prior to a Change of Control, for terminating executives), an amount equal to her his Base Compensation, subject to customary employment taxes and deductions, payable in biweekly installments for 12 twelve months following her the Termination Date but all Date. All other benefit coverages (except as specified by law or regulation), retirement benefits and fringe benefit eligibility shall cease upon the Termination Date.

Severance Compensation upon Termination. (a) In the event of the Employee's involuntary Termination of Employment for reason other than Cause, the Company shall continue to pay to the Employee, upon the execution of a release substantially in the form being used by the Company, prior to a Change of Control, for terminating executives, an amount equal to her his Base CompensationSalary, subject to customary employment taxes and deductions, payable bi-weekly for 12 months following her his Termination Date but all other benefit coverages (except as specified by law or regulation), retirement benefits and fringe benefit eligibility shall cease upon the Termination Date.