Sentence examples for new severance from inspiring English sources
Tyco's directors will negotiate a new severance deal with him.
It said that, henceforth, new severance agreements with executives would no longer have the company foot their tax bills, a practice known as gross-up.
The board also agreed to adopt new severance pay guidelines for senior executives at its next meeting, the company said in a statement.
Even if Dynegy's directors later voted to award Mr. Lay a new severance agreement, he would turn it down, Mr. Palmer added.
THE board and Mr. Kozlowski will negotiate a new severance package after Tyco finishes its investigation into whether he used company money for personal expenses, a person close to the directors said.
The new severance plan is intended "to help retain the employees, help maintain a stable work environment and provide certain economic benefits to the employees," Yahoo said in a regulatory filing.
The new executive severance plan took effect Monday, according to a filing with the Securities and Exchange Commission.
Under the new rules, severance pay will be slashed and it will be easier for firms to opt out of national pay agreements negotiated by unions.
Executing a new oil severance tax is more popular, but does little better than a split decision.
More Arts News Enlarge This Image Ken Blaze for The New York Times Severance Hall.
Mr. Welser-Möst was at his new job at Severance Hall on Saturday.
