Common use of Continued Compensation Clause in Contracts

Continued Compensation. Executive shall be paid severance in an amount equal to one (1) year of his base salary at the time of termination, less applicable withholdings, payable in a lump sum.

Continued Compensation. Executive shall be paid severance in an amount equal to one six (16) year months of his base salary at the time of termination, less applicable withholdings, payable in a lump sum.