Common use of Salary Payment Clause in Contracts

Salary Payment. An amount equal to the product of (x) the Executive’s Monthly Base Salary, multiplied by (y) twelve (12), payable in a single lump-sum in the Company’s first regular payroll following the Release Deadline.

Appears in 5 contracts

Sources: Executive Severance and Change in Control Agreement (Docusign, Inc.), Executive Severance and Change in Control Agreement (Docusign, Inc.), Executive Severance and Change in Control Agreement (Docusign, Inc.)

Salary Payment. An amount equal to the product of (x) the Executive’s Monthly Base Salary, multiplied by (y) [twelve (12)] [six (6)]1, payable in a single lump-sum in the Company’s first regular payroll following the Release Deadline.

Appears in 1 contract

Sources: Executive Severance and Change in Control Agreement (Docusign, Inc.)