Common use of Xxxxxxxxx Payment Clause in Contracts

Xxxxxxxxx Payment. The Company will pay to Employee a lump sum equivalent to twelve (12) months of Employee’s base salary, in the amount of four hundred thousand dollars ($400,000), less applicable withholding (the “Severance”). The Severance shall be paid to Employee within sixty (60) days following the later of the Termination Date or the Effective Date.

Xxxxxxxxx Payment. The Company will pay to Employee a total lump sum payment of Four Hundred Twenty Five Thousand Dollars ($425,000.00) (the “Severance”), which consists of (x) a lump sum equivalent to twelve (12) months of Employee’s base salary, salary in the amount of four hundred thousand dollars Four Hundred Thousand Dollars ($400,000400,000.00), less applicable withholding plus (the “Severance”y) a lump sum payment of Twenty-Five Thousand Dollars ($25,000.00). The Severance shall be paid to Employee Employee, less applicable withholdings, within sixty (60) days following the later of the Termination Date or the Effective Date.

Xxxxxxxxx Payment. The Company will pay to Employee a lump sum equivalent to twelve (12) months of Employee’s base salary, salary in the amount of four hundred thousand dollars Four Hundred Thousand Dollars ($400,000400,000.00), less applicable withholding (the “Severance”). The Severance shall be paid to Employee within sixty (60) days following the later of the Termination Date or the Effective Date.

Xxxxxxxxx Payment. The Company will agrees to pay to Employee a lump sum equivalent to twelve (12) months of Employee’s base salary, in the amount for a total of four hundred thousand dollars Five Hundred Eighty Thousand Dollars ($400,000580,000.00), less applicable withholding (the “Severance”)withholdings. The Severance shall This payment will be paid made to Employee within sixty ten (6010) business days following the later of the Termination Date or after the Effective DateDate of this Agreement.

Xxxxxxxxx Payment. The Company will agrees to pay to Employee a lump sum equivalent to twelve (12) months of Employee’s base salary, in the amount for a total of four hundred thousand dollars Four Hundred Sixty Thousand Seven Hundred Fifty Dollars ($400,000460,750.00), less applicable withholding (the “Severance”)withholdings. The Severance shall This payment will be paid made to Employee within sixty ten (6010) business days following the later of the Termination Date or after the Effective DateDate of this Agreement.

Xxxxxxxxx Payment. The Company will pay to Employee a lump sum equivalent to twelve six (126) months of Employee’s base salary, in the amount of four two hundred twelve thousand five hundred dollars ($400,000212,500.00), less applicable withholding (the “Severance”). The Severance shall be paid to Employee within sixty (60) days following the later of the Termination Date or the Effective Date.