Sentence examples for in severance for from inspiring English sources

The company isn't expected to disclose how much Mr. Kelly will receive in severance for at least a day or two, but the sum is likely to hinge on how his departure is characterized for contractual purposes.

As part of the deal, HSBC agreed to give Mr. Aldinger a new three-year contract as chief executive of Household and $20.3 million in severance for tearing up the old one.

Frustrated, Wadhwa quit in February 1997, trading in his severance for rights to the technology.

In general, cases of this sort result in severance packages for those fired, but only rarely reinstatement.

The U.A.W. vehemently protested the closing, with Mr. King joining picket lines, and negotiated $281 million in severance pay for the workers.

The company said it would have $16 million in cash costs, including $10 million in severance pay, for closing the sites, and $27 million in noncash expenses.

The company, which set aside $27.4 million in severance pay for Mr. Farley last year, says it is not obligated to make that payment.

Meanwhile, the pretax cost of the initial phase of the cost-cutting program is expected to range from $3.5 billion to $4.3 billion, much of it in severance packages for employees.

The investment firm was also hit by an increase in severance costs for ex-managers.Fee cutsBritish fund managers could find themselves in a price war after Fidelity slashed annual management fees on its main index-tracking fund.

"Gagging clauses" in severance agreements for NHS staff in England must end, the health secretary says.

As his reward last year he pocketed $42 million in severance pay for negotiating Lilco's merger with Brooklyn Union Gas Co.