Termination for Poor Performance. Upon an Involuntary Termination under Section 3.2(a) of the Plan, the Company shall make a lump sum cash severance payment to the Executive in an amount equal to nine (9) months of the Executive’s Base Salary in the Plan Year in which the Executive’s Separation from Service occurs.
Appears in 3 contracts
Sources: Executive Participation Agreement (Western Alliance Bancorporation), Executive Participation Agreement (Western Alliance Bancorporation), Executive Participation Agreement (Western Alliance Bancorporation)