Termination Severance Contract Clauses (51)

Grouped Into 1 Collection of Similar Clauses From Business Contracts

This page contains Termination Severance clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Termination Severance. 7.1 Involuntary Termination. If you are subject to an Involuntary Termination and provided that you remain in compliance with the terms of this Agreement (including the conditions described in Section 7.3 below), the Company shall provide you with the following Severance Benefits: (a) Cash Severance. The Company shall pay you, as severance, the equivalent of six (6) months (the "Severance Period") of your Base Salary in effect as of the date of your employment termination, subject to standard pa...yroll deductions and withholdings and an amount equal to six (6) months of health insurance under COBRA on an after-tax basis (the "Severance"). The Severance will be paid as a continuation on the Company's regular payroll, beginning no later than the first regularly-scheduled payroll date following the sixtieth (60th) day after your Separation from Service, provided the Separation Agreement (as discussed in Section 7.3) has become effective. View More
Found in Honest Company, Inc. contract
Termination Severance. 7.1 Involuntary Termination. If you are subject to an Involuntary Termination and provided that you remain in compliance with the terms of this Agreement (including the conditions described in Section 7.3 below), the Company shall provide you with the following Severance Benefits: (a) Cash Severance. The Company shall pay you, as severance, the equivalent of six (6) four (4) months (the "Severance Period") of your Base Salary in effect as of the date of your employment termination, subject to st...andard payroll deductions and withholdings and an amount equal to six (6) four (4) months of health insurance under COBRA on an after-tax basis (the "Severance"). The Severance will be paid as a continuation on the Company's regular payroll, beginning no later than the first regularly-scheduled payroll date following the sixtieth (60th) day after your Separation from Service, provided the Separation Agreement (as discussed in Section 7.3) has become effective. View More
Found in Honest Company, Inc. contract
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