Common use of Timing of Severance Payments Clause in Contracts

Timing of Severance Payments. Any cash severance payment to which Employee is entitled shall be paid by the Company to Employee in a single lump sum in cash on the first Company payroll after the Release Deadline Date, subject to any delay required by Section 3(f).

Appears in 5 contracts

Sources: Severance Agreement (Marvell Technology, Inc.), Severance Agreement (Marvell Technology, Inc.), Severance Agreement (Marvell Technology Group LTD)

Timing of Severance Payments. Any cash severance payment to which Employee is entitled shall be paid by the Company to Employee in a single lump sum in cash on the first Company payroll fifty-third (53rd) day after the Release Deadline Date, subject to any delay required by Section 3(f)Employee’s termination of employment.

Appears in 4 contracts

Sources: Severance Agreement (Juniper Networks Inc), Severance Agreement (Juniper Networks Inc), Severance Agreement (Juniper Networks Inc)

Timing of Severance Payments. Any cash severance payment to which Employee is entitled shall be paid by the Company to Employee in a single lump sum in cash on the first Company payroll fifty-third (53rd) day after the Release Deadline Date, subject to any delay required by Section 3(f)Employee's termination of employment.

Appears in 1 contract

Sources: Severance Agreement (Juniper Networks Inc)

Timing of Severance Payments. Any cash severance payment to which Employee is entitled shall be paid by the Company to Employee in a single lump sum in cash on the first Company payroll after the Release Deadline Date, subject to any delay required by Section 3(f)Release’s effective date.

Appears in 1 contract

Sources: Severance Agreement (Juniper Networks Inc)

Timing of Severance Payments. Any cash severance payment to which Employee is entitled shall be paid by the Company to Employee in a single lump sum in cash on the first Company payroll after the Release Deadline Date, subject to any delay required by Section 3(f)Release's effective date.

Appears in 1 contract

Sources: Severance Agreement (Juniper Networks Inc)