Common use of Severance Amount Clause in Contracts

Severance Amount. Within thirty (30) days after the Date of Termination, the Company shall pay to the Executive as severance pay in a lump sum, in cash, an amount equal to 1.5 times the sum of the Executive's then-current Annual Base Salary plus Target Bonus for the year in which the Change in Control Date occurs. Payments under any long term cash incentive plan are not part of or included in this calculation.

Severance Amount. Within thirty (30) days after the Date of Termination, the Company shall pay to the Executive as severance pay in a lump sum, in cash, an amount equal to 1.5 times the sum of the Executive's ’s then-current Annual Base Salary plus Target Bonus for the year in which the Change in Control Date occurs. Payments under any long term cash incentive plan are not part of or included in this calculation.

Severance Amount. Within thirty (30) days after ---------------- the Date of TerminationTermination Date, the Company shall pay to the Executive as severance pay in a lump sum, sum in cash, an amount equal to 1.5 times the sum of the Executive's his then-current Annual Base Salary plus Target Bonus for the year in which the Change in Control Date occurs. Payments under any long term cash incentive plan are not part of or included in this calculationSalary, divided by three.

Severance Amount. Within thirty ten (3010) days after the Date of Termination, the Company shall pay to the Executive as severance pay in a lump sum, in cash, an amount equal to 1.5 2 times the sum of the Executive's ’s then-current Annual Base Salary plus the full annual Target Bonus for the bonus plan year in which the Change in Control Date occurs. Payments under any long term cash incentive plan are not part of or included in this calculation.