Common use of Lump Sum Payments Clause in Contracts

Lump Sum Payments. You will receive a lump sum payment equal to 100% of your annual base salary in effect immediately prior to the date of your termination of employment (the “Termination Date”). The payments will be made on the Termination Date.

Lump Sum Payments. You will receive a lump sum payment equal to 100% of your annual base salary in effect immediately prior to the date of your termination of employment (the “Termination Date”). The payments payment will be made on the day following the six-month anniversary of the Termination Date.