Common use of Lump Sum Payment Clause in Contracts

Lump Sum Payment. Key shall pay to the Executive, at the time specified in Section 1.5, a lump sum severance benefit equal to one and one half times the sum of (i) one year’s Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Short Term Incentive Compensation, and

Lump Sum Payment. Key shall pay to the Executive, at the time specified in Section 1.5, a lump sum severance benefit equal to one and one half three times the sum of (i) one year’s Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Short Term Incentive Compensation, ; and

Lump Sum Payment. Key shall pay to the Executive, at the time specified in Section 1.5, a lump sum severance benefit equal to one and one half two times the sum of (i) one year’s Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Short Term Incentive Compensation, ; and

Lump Sum Payment. Key shall pay to the Executive, Executive at the time specified in Section 1.5, a lump sum severance benefit equal to one and one half times the sum of (i) one year’s Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) ), plus (ii) Average Short Term Incentive Compensation, and

Lump Sum Payment. Key shall pay to the Executive, at the time specified in Section 1.51.3, a lump sum severance benefit equal to one and one half two-times the sum of (i) one year’s Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Short Term Incentive Compensation, ; and

Lump Sum Payment. Key shall pay to the Executive, at the time specified in Section 1.51.3, a lump sum severance benefit equal to one and one half three times the sum of (i) one year’s Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Short Term Incentive Compensation, ; and

Lump Sum Payment. Key shall pay to the Executive, at the time specified in Section 1.5, a lump sum severance benefit equal to one and one half times the sum of (i) one year’s Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Short Term Incentive Compensation plus (iii) 50% of Average Long Term Incentive Compensation, and

Lump Sum Payment. Key shall pay to the Executive, at the time specified in Section 1.5, a lump sum severance benefit equal to one and one half three times the sum of (i) one year’s Base Salary (at the highest rate in effect at any time during the one year period ending on the date of the Change of Control) plus (ii) Average Short Term Incentive Compensation plus (iii) 50% of Average Long Term Incentive Compensation, ; and