Sentence examples for because of a severance from inspiring English sources

Even a layoff occurring in December of the previous year might generate wage and salary income in the current year because of a severance payment or accumulated sick and vacation pay.

After Mr. O'Neal took over, he signaled that Mr. Peek's tenure at Merrill was at an end in 2001 by having an underling show Mr. Peek a new organizational chart that didn't include his name, according to one person with direct knowledge of the event who requested anonymity because of a severance agreement with Merrill.

"I opened it up and saw a final or prior draft of a severance agreement.

This was not part of a severance deal and was declared in the Annual Report for that year".

Interpublic posted a quarterly net loss because of higher severance costs.

Geoffrey A. Mills, the former general manager, said he and his executive team were offered jobs but turned them down because of diminished severance guarantees and the elimination of an income-enhancing incentive plan.

The Bank of America Corporation said yesterday that third-quarter profits fell 15percentt because of severance costs and a drop in value of auto leases, while the Bank of New York Company, a commercial bank active in the securities servicing business, posted higher profits, helped by transaction processing and foreign exchange revenues.

Firing is expensive, because of compulsory severance payments.

Olivier Metzner, a lawyer for Mr. Messier, said his client had been placed under investigation because of his severance contract, which he subsequently renounced, and "not for matters of personal gain," according to Agence France-Presse.

While Rachel's untimely passing marks a severance of potential for Don's life, the literal severance of the episode's title is that of Ken Cosgrove.

Agilent Technologies Inc., a maker of testing and measurement equipment, had a fourth-quarter loss partly because of severance costs.