Common use of Salary Payment Clause in Contracts

Salary Payment. In consideration of Executive’s timely execution and non-revocation of the Release by the Release Deadline Date, the Company shall pay Executive a severance payment equal to Executive’s Monthly Base Salary multiplied by the number of months in the Covered Termination Severance Period, less applicable withholdings. The severance payment shall be payable (except as set forth in Article 5) in a lump sum on the first regularly-scheduled payroll date occurring on or after the Release Deadline Date.

Appears in 9 contracts

Samples: Executive Employment Agreement (Syndax Pharmaceuticals Inc), Executive Employment Agreement (Syndax Pharmaceuticals Inc), Executive Employment Agreement (Syndax Pharmaceuticals Inc)

AutoNDA by SimpleDocs

Salary Payment. In consideration of Executive’s timely execution and non-revocation of the Release a full release of all claims, in a form provided by the Release Deadline DateCompany and in accordance with Article 5, the Company shall pay Executive a severance payment equal to (i) Executive’s Monthly Base Salary multiplied by (ii) the number of months in the Covered Termination Severance Period, less applicable withholdings. The severance payment shall be payable (except as set forth in Article 5) in a lump sum on the first regularly-scheduled payroll date occurring on or after the Release Deadline 60th day following the Termination Date.

Appears in 7 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (Immune Design Corp.), Executive Employment Agreement (Immune Design Corp.)

Salary Payment. In consideration of Executive’s timely execution and non-revocation of the Release a full release of all claims, in a form provided by the Release Deadline DateCompany and in accordance with Article 5, the Company shall pay Executive a severance payment equal to Executive’s Monthly Base Salary multiplied by the number of months in the Covered Termination Severance Period, less applicable withholdings. The severance payment shall be payable (except as set forth in Article 5) in a lump sum on the first regularly-scheduled payroll date occurring on or after the Release Deadline 60th day following the Termination Date.

Appears in 4 contracts

Samples: Executive Employment Agreement (Syndax Pharmaceuticals Inc), Executive Employment Agreement (Syndax Pharmaceuticals Inc), Executive Employment Agreement (Syndax Pharmaceuticals Inc)

Salary Payment. In consideration of Executive’s timely execution and non-revocation of the Release a full release of all claims, in a form provided by the Release Deadline DateCompany and in accordance with Article 5, the Company shall pay Executive a severance payment equal to Executive’s Monthly Base Salary multiplied by the number of months in the Covered Termination Severance Period, less applicable withholdings. The severance payment shall be payable (except as set forth in Article 5) in a lump sum on the first regularly-scheduled payroll date occurring on or after the Release Deadline Date.

Appears in 4 contracts

Samples: Executive Employment Agreement (Syndax Pharmaceuticals Inc), Executive Employment Agreement (Syndax Pharmaceuticals Inc), Executive Employment Agreement (Syndax Pharmaceuticals Inc)

AutoNDA by SimpleDocs

Salary Payment. In consideration of Executive’s timely execution and non-revocation of the Release a full release of all claims, in a form provided by the Release Deadline DateCompany and in accordance with Article 5, the Company shall pay Executive a severance payment equal to the Executive’s Monthly Base Salary multiplied by the number of months in the Covered Termination Severance Period, less applicable withholdings. The severance payment shall be payable (except as set forth in Article 5) in a lump sum on the first regularly-scheduled payroll date occurring on or after the Release Deadline 60th day following the Termination Date.

Appears in 2 contracts

Samples: Executive Employment Agreement (Syndax Pharmaceuticals Inc), Executive Employment Agreement (Syndax Pharmaceuticals Inc)

Salary Payment. In consideration of Executive’s timely execution and non-revocation of the Release by the Release Deadline Date, the Company shall pay Executive a severance payment equal to Executive’s Monthly Base Salary multiplied by the number of months in the Covered Termination Severance Period, less applicable withholdings. The severance payment shall be payable (except as set forth in Article 54) in a lump sum on the first regularly-scheduled payroll date occurring on or after the Release Deadline Date.

Appears in 1 contract

Samples: Executive Employment Agreement (Syndax Pharmaceuticals Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.