XX Single lump sum payment.

Example 1: If a Participant elects (or is deemed to elect) a Joint Payment Option that provides for a lump sum payment and terminates employment in ​, such lump sum shall be paid on or about ​. A Participant alternatively could designate January 31st of 2024, 2025, 2026 or 2027 in which to receive his lump sum.

a single lump sum payment; or

Severance Stipend. The Severance Stipend is paid in a cash lump sum.

•additional compensation in a lump sum payment equal to 2.0 times the sum of:

If Executive is eligible to receive a Retention Bonus, it will be paid to Executive in one lump sum cash payment on the first regularly scheduled pay date after the end of the Retention Period.

One lump-sum payment in cash or in property, provided that if a distribution of property is permitted, it shall be limited to property that is specifically allocated and identifiable with respect to such Participant.

Prorated CPUP. “Prorated CPUP” means the cash lump sum payment described in [Section 4.8] for certain Qualifying Employees who are eligible for a pro rata long-term cash incentive bonus under CPUP for the performance period during which the Qualifying Employee’s Termination Date occurs.

Performance Cash Grant. The Company hereby grants Holder the right to earn and vest in up to a maximum of ​ (the “Performance Cash”). On the Delivery Date, the Performance Cash entitles the Holder to receive a lump sum payment of cash equal to the amount of Earned Performance Cash up to and including the Maximum Performance Cash.

How Your Benefits Are Affected If You Receive a Lump-Sum Severance Payment