Document ID: 16222

Text:
An amount equal to 4% of the Employee's monthly Base Salary (determined as of the Termination Date) multiplied by 12, provided that for each completed year of service (but not to exceed six years) measured from the Employee's Date of Hire, an additional amount equal to 4% of one month's base salary will be added. For greater certainty, in no circumstances shall the Employee be entitled to a Separation Payment that is more than the equivalent of a total of 18 months of the payments in paragraphs 5.4(a)(i),(ii),(iii) and (iv) above (i.e., 12 months plus an additional month for each of the first six years of completed of service from Employee's Date of Hire, up to a maximum of an additional 6 months). With respect to the calculation in paragraph 5.4(a)(iii), the target annual bonus amount shall be used without regard to the achievement of any corporate and personal targets established in connection with such target bonus amount.

Named Entities:
4
5
Percentage
24
24
Ratio

Tokenized Text:
An
amount
equal
to
4
%
of
the
Employee
'
s
monthly
Base
Salary
(
determined
as
of
the
Termination
Date
)
multiplied
by
12
,
provided
that
for
each
completed
year
of
service
(
but
not
to
exceed
six
years
)
measured
from
the
Employee
'
s
Date
of
Hire
,
an
additional
amount
equal
to
4
%
of
one
month
'
s
base
salary
will
be
added
.
For
greater
certainty
,
in
no
circumstances
shall
the
Employee
be
entitled
to
a
Separation
Payment
that
is
more
than
the
equivalent
of
a
total
of
18
months
of
the
payments
in
paragraphs
5
.
4
(
a
)
(
i
)
,
(
ii
)
,
(
iii
)
and
(
iv
)
above
(
i
.
e
.
,
12
months
plus
an
additional
month
for
each
of
the
first
six
years
of
completed
of
service
from
Employee
'
s
Date
of
Hire
,
up
to
a
maximum
of
an
additional
6
months
)
.
With
respect
to
the
calculation
in
paragraph
5
.
4
(
a
)
(
iii
)
,
the
target
annual
bonus
amount
shall
be
used
without
regard
to
the
achievement
of
any
corporate
and
personal
targets
established
in
connection
with
such
target
bonus
amount
.