Common use of Xxxxxxxxx Pay Clause in Contracts

Xxxxxxxxx Pay. The Company will pay you an amount equal to one and one-half times your Annualized Total Compensation (“Severance Pay”), subject to the execution by you of the Company’s customary release, which amount shall be payable in equal installments on the 15th and last days of each of the 18 months following your Separation Date (if the 15th or last day of a month is not a business day, on the closest business day to such).

Xxxxxxxxx Pay. The Company will pay you an amount equal to one and one-half times your Annualized Total Compensation (“Severance Pay”), subject to the prompt execution by you of the Company’s customary release, which amount shall be payable in equal installments on the 15th and last days of each of the 18 months following the 30th day after the date of your Separation Date from Service (if the 15th or last day of a month is not a business day, on the closest business day to suchsuch day).

Xxxxxxxxx Pay. The Company will pay you an amount equal to one and one-half times your Annualized Total Compensation (“Severance Pay”), subject to the prompt execution by you of the Company’s customary release, which amount shall be payable in equal installments on the 15th and last days of each of the 18 12 months following the thirtieth (30th) day after the date of your Separation Date from Service (if the 15th or last day of a month is not a business day, on the closest business day to suchsuch day).

Xxxxxxxxx Pay. The Company will pay you an amount equal to one and one-half times your Annualized Total Compensation (“Severance Pay”), subject to the prompt execution by you of the Company’s customary release, which amount shall be payable in equal installments on the 15th and last days of each of the 18 months following the thirtieth (30th) day after the date of your Separation Date from Service (if the 15th or last day of a month is not a business day, on the closest business day to suchsuch day).