Common use of Severance Term Clause in Contracts

Severance Term. The term "Severance Term" means the remaining period of the Employment Term as of a Termination Date or two full years, whichever is longer.

Appears in 2 contracts

Sources: Employment Agreement (K2 Inc), Employment Agreement (K2 Inc)

Severance Term. The term "Severance Term" means the remaining period of the Employment Term as of a Termination Date or two one full yearsyear, whichever is longer.

Appears in 2 contracts

Sources: Employment Agreement (K2 Inc), Employment Agreement (K2 Inc)