Common use of Separate Payment Clause in Contracts

Separate Payment. Each payment of any of the Change in Control Benefits is hereby designated as a separate payment, rather than a part of a larger single payment or one of a series of payments.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Lithia Motors Inc)

Separate Payment. Each payment of any of the a Change in Control Benefits is hereby designated as a separate payment, rather than a part of a larger single payment or one of a series of payments.

Appears in 1 contract

Sources: Employment Agreement (Lithia Motors Inc)