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Common use of Basic Severance Clause in Contracts

Basic Severance. If you do not elect the Additional Severance Benefits, your eligibility for an Executive Health Exam will end on the Separation Date.

Appears in 2 contracts

Sources: Severance Benefit Agreement (Avon Products Inc), Severance Benefit Letter Agreement and General Release of Claims (Avon Products Inc)

Related Clauses

  • Bonus Severance
  • Salary Severance
  • Cash Severance
  • Severance Pay
  • Termination Severance

Parent Clauses

  • Termination of Obligations and Severance Payments
  • Termination by the Employer For Cause
  • Termination on the Expiration Date
  • Death
  • Employee for Any Reason

Sub-Clauses

  • Retiree Medical Benefits
  • Fiscal Year 2012 Incentive
  • Unvested Restricted Stock and Unvested Restricted Stock Units
  • Stock Options
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