Base Salary Severance. A lump sum cash severance payment equal to one hundred and fifty percent (150%) of Executive’s annual base salary as in effect immediately prior to the termination date (or, if greater, as in effect immediately prior to the Change of Control).
Appears in 5 contracts
Samples: Change of Control and Severance Agreement (Cerence Inc.), Change of Control and Severance Agreement (Cerence Inc.), Change of Control and Severance Agreement (Cerence Inc.)
Base Salary Severance. A lump sum cash severance payment equal to one hundred and fifty percent (150100%) of Executive’s annual base salary as in effect immediately prior to the termination date (ordate, if greater, as which shall be paid out in effect immediately prior to substantially equal installments in accordance with the Change of Control)Company’s payroll practice over 12 months.
Appears in 3 contracts
Samples: Change of Control and Severance Agreement (Cerence Inc.), Change of Control and Severance Agreement (Cerence Inc.), Change of Control and Severance Agreement (Cerence Inc.)
Base Salary Severance. A lump sum cash severance payment equal to one hundred and fifty percent (150100%) of Executive’s annual base salary as in effect immediately prior to the termination date (or, if greater, as in effect immediately prior to the Change of Control)date.
Appears in 2 contracts
Samples: Change of Control and Severance Agreement (Nuance Communications, Inc.), Change of Control and Severance Agreement (Nuance Communications, Inc.)
Base Salary Severance. A lump sum cash severance payment equal to one hundred and fifty percent (150100%) of Executive’s annual base salary as in effect immediately prior to the termination date (or, if greater, as in effect immediately prior to the Change of Control)date.
Appears in 2 contracts
Samples: Change of Control and Severance Agreement (Cerence Inc.), Control and Severance Agreement Neo (Cerence Inc.)
Base Salary Severance. A lump sum cash severance payment equal to one hundred and fifty percent (150%) of Executive’s annual base salary as in effect immediately prior to the termination date (or, if greater, as in effect immediately prior to the Change of Control)date.
Appears in 1 contract
Samples: Change of Control and Severance Agreement—ceo (Cerence Inc.)
Base Salary Severance. A lump sum cash severance payment equal to one two hundred and fifty percent (150200%) of Executive’s annual base salary as in effect immediately prior to the termination date (or, if greater, as in effect immediately prior to the Change of Control).
Appears in 1 contract
Samples: Change of Control and Severance Agreement—ceo (Cerence Inc.)
Base Salary Severance. A lump sum cash severance payment equal to one two hundred and fifty percent (150200%) of Executive’s annual base salary Base Salary as in effect immediately prior to the termination date (or, if greater, as not taking into account any reduction in effect immediately prior to the Change of ControlBase Salary which constituted Good Reason).
Appears in 1 contract
