Common use of Salary Payment Clause in Contracts

Salary Payment. The Company shall make a lump sum cash payment to Executive equal to two times the Executive’s Annual Salary (as defined below).

Appears in 9 contracts

Sources: Change in Control Agreement (Methode Electronics Inc), Change in Control Agreement (Methode Electronics Inc), Change in Control Agreement (Methode Electronics Inc)

Salary Payment. The Company shall make a lump sum cash payment to Executive equal to two three times the Executive’s 's Annual Salary (as defined below).

Appears in 4 contracts

Sources: Employment Security Agreement (Methode Electronics Inc), Employment Security Agreement (Methode Electronics Inc), Employment Security Agreement (Illinois Central Corp)

Salary Payment. The Company shall make a lump sum cash payment to Executive equal to two three times the Executive’s Annual Salary (as defined below).

Appears in 3 contracts

Sources: Change in Control Agreement (Methode Electronics Inc), Change in Control Agreement (Methode Electronics Inc), Change in Control Agreement (Methode Electronics Inc)

Salary Payment. The Company shall make a lump sum cash payment to Executive equal to two times the Executive’s 's Annual Salary (as defined below).

Appears in 3 contracts

Sources: Employment Security Agreement (Methode Electronics Inc), Employment Security Agreement (Methode Electronics Inc), Employment Security Agreement (Illinois Central Corp)

Salary Payment. The Company shall make a lump sum cash payment to Executive equal to two one times the Executive’s Annual Salary (as defined below).

Appears in 2 contracts

Sources: Change in Control Agreement (Methode Electronics Inc), Change in Control Agreement (Methode Electronics Inc)