Common use of Installment Sum Payment of Salary and Bonus Clause in Contracts

Installment Sum Payment of Salary and Bonus. Beginning within ------------------------------------------- ten (10) business days after a Qualifying Termination (or, if later, the last day of any period during which the Release may be revoked by Executive), the Company shall make twelve (12) equal monthly cash payments to Executive, subject to any mandatory tax withholding, equal to one-twelfth (1/12) times the sum of Executive's Annual Base Salary and Executive's Target Bonus.

Installment Sum Payment of Salary and Bonus. Beginning ------------------------------------------- within ------------------------------------------- ten (10) business days after a Qualifying Termination (or, if later, the last day of any period during which the Release may be revoked by Executive), the Company shall make twelve (12) equal monthly cash payments to Executive, subject to any mandatory tax withholding, equal to one-twelfth (1/12) times the sum of Executive's Annual Base Salary and Executive's Target Bonus.

Installment Sum Payment of Salary and Bonus. Beginning within ------------------------------------------- ten (10) business days after a Qualifying Termination (or, if later, the last day of any ten (10) period during which the Release may be revoked by Executive), the Company shall make twelve (12) equal monthly cash payments to Executive, subject to any mandatory tax withholding, equal to one-twelfth (1/12) times the sum of Executive's Annual Base Salary and Executive's Target Bonus.

Installment Sum Payment of Salary and Bonus. Beginning within ------------------------------------------- ten (10) business days after a Qualifying Termination (or, if later, the last day of any period during which the Release may be revoked by Executive), the Company shall make twelve (12) equal monthly cash payments to Executive, subject to any mandatory tax withholding, equal to one-twelfth (1/12) times the sum of Executive's Annual Base Salary and Executive's Target Bonus.

Installment Sum Payment of Salary and Bonus. Beginning within ------------------------------------------- ten (10) business days after a Qualifying Termination (or, if later, the last day of any period during which the Release may be revoked by Executive), the Company shall make twelve six (126) equal monthly cash payments to Executive, subject to any mandatory tax withholding, equal to one-twelfth sixth (1/121/6) times the sum of Executive's Annual Base Salary and Executive's Target Bonus.

Installment Sum Payment of Salary and Bonus. Beginning within ------------------------------------------- ten (10) business days after a Qualifying Termination (or, if later, the last day of any period during which the Release may be revoked by Executive), the Company shall make twelve (12) equal monthly cash payments to Executive, subject to any mandatory tax withholding, equal to one-twelfth (1/12) times the sum of Executive's Annual Base Salary and Executive's Target Bonus.