Cash Severance Amount definition

Cash Severance Amount means, with respect to any Participant, the “Cash Severance Amount,” as set forth on Appendix B, as attached hereto, as applicable.

Cash Severance Amount means the multiple of Base Salary and the amount of bonus, if any, under the annual cash incentive plan (paid as if the Company had achieved the target level of performance for the same year as of the Participant’s Qualifying Termination of Employment) that the Participant shall be entitled to, each as specified in the Participation Agreement for such Participant.

Cash Severance Amount means, with respect to any Participant, the “Cash Severance Amount”, as set forth on Appendix A or Appendix B, in each case, as attached hereto, as applicable, based on such Participant’s category or job title.

Examples of Cash Severance Amount in a sentence

• If the Company terminates Executive’s employment without Cause and other than for death or Disability, or Executive terminates his employment for Good Reason, the Company shall pay Executive a Cash Severance Amount and provide Executive with the severance benefits set forth in subparagraphs (i) through (v) below (collectively, the “Severance Pay”).

• If the Company terminates Executive’s employment without Cause and other than for death or Disability, or Executive terminates his employment for Good Reason, the Company shall pay Executive a Cash Severance Amount and provide Executive with the severance benefits set forth in subparagraphs (i) and (ii) of this Section 8(a) (collectively, the “Severance Pay”).

• The Company shall pay the Cash Severance Amount over a number of months immediately following the Date of Termination equal to the Employment Years (the “Severance Period”), in equal installments as nearly as practicable, on the normal payroll dates for employees of the Company generally but in no event less frequently than monthly.

• If, during the Term, the Company terminates Executive’s employment without Cause or Executive terminates his employment for Good Reason, the Company shall pay Executive a Cash Severance Amount and provide Executive with certain other severance benefits (collectively, the “Severance Pay”) as described below.

• The Cash Severance Amount shall be paid to the Employee (or to the Employee’s estate, in the event of Employee’s death following his termination of employment hereunder) within thirty (30) days after the date of the Employee’s Separation from Service (as defined in Paragraph 6(i) below).

• To ensure the implementation of M&E activities as outlined in the NHLSSP, strategic information and guidance on the progress of implementation of laboratory services should be provided.

• Employee acknowledges that the Severance Benefits shall supersede and replace any and all benefits, including the Cash Severance Amount and the Continuation Benefit (each as defined in the Inergy Severance Plan) otherwise payable under the Inergy Severance Plan, and that Employee shall have no rights to any such benefits under (i) the Inergy Severance Plan, or (ii) any other severance plan, policy or arrangement maintained by the Employer or any of its affiliates.

• If such minimum amount is not satisfied, the Company, for and on behalf of the Participant's Employer, shall increase such Participant's Cash Severance Amount by the amount of the shortfall as a supplemental benefit paid on the same terms as the Cash Severance Amount.

• Employee shall be paid promptly after such Involuntary Termination a lump sum Cash Severance Amount, as determined below and as reduced for applicable state, federal and other income, employment or other required taxes.

• The Company shall pay the Cash Severance Amount over a number of months immediately following the Date of Termination equal to the Employment Years (the “ Severance Period ”), in equal installments as nearly as practicable, on the normal payroll dates for employees of the Company generally but in no event less frequently than monthly.

More Definitions of Cash Severance Amount

Cash Severance Amount means the amount of cash severance that a Participant shall be eligible to receive upon a Qualifying Termination of Employment, as set forth in the Participant’s Notice of Participation.

Cash Severance Amount means the sum of Executive’s Base Salary and targeted Annual Bonus for the Fiscal Year in which the termination of employment event occurs. For this purpose, Base Salary shall be the Base Salary in effect at the time Notice of Termination is given (but prior to any reduction), and targeted Annual Bonus shall be the greater of (i) the targeted Annual Bonus for the Fiscal Year in which the termination of employment occurs or (ii) the targeted Annual Bonus for any of the prior three (3) Fiscal Years.

Cash Severance Amount means, with respect to any Participant, the “Cash Severance Amount,” as set forth on A ppendix A or A ppendix B, in each case, as attached hereto, as applicable, based on such Participant’s level.

Cash Severance Amount means, subject to any reduction pursuant to Section 6, (i) with respect to a Tier I Employee, an amount in cash equal to three times the sum of (A) the Base Salary calculated as of the Date of Termination or, if greater, before any reduction not consented to by the Participant and (B) the Target Bonus or (ii) with respect to a Tier II Employee, an amount in cash equal to two times the sum of (A) the Base Salary calculated as of the Date of Termination or, if greater, before any reduction not consented to by the Participant and (B) the Target Bonus.