Examples of Severance Pay Plan in a sentence
The amount shown is an estimate based on the operation of the Company’s standard Severance Pay Plan.
Change in control severance benefits would result from the continuation of the Company’s standard Severance Pay Plan following change in control.
Involuntary termination provides current severance benefits under our standard Company Severance Pay Plan.
Other than as the result of the severance benefit we describe above, we do not have any additional or enhanced severance benefits for any of our Named Executive Officers that would result from a change in control over the Company.(b) Change in control severance benefits would result from the continuation of the Company’s standard Severance Pay Plan following change in control.
Additionally, the Ninth Omnibus Rejection Motion sought Bankruptcy Court approval for, inter alia, the rejection of the Lyondell Chemical Company Executive Severance Pay Plan and a certain Employee Transfer Agreement between Nova Chemicals Inc.