Sentence examples for severance payment for from inspiring English sources

The Hamptons said the money was a severance payment for their dismissals, but Mr. Ensign's parents termed it a gift.

He is believed to have earned at least £3m a year and the club will be left with a substantial severance payment for him and his backroom staff.

The manager is believed to earn at least £3m a year and the club's hierarchy faces a substantial severance payment for the remainder of his contract and those of his backroom staff.

Earlier on Friday, it emerged that Lucy Adams, the BBC's HR director, has written to MPs to correct her evidence to parliament about her involvement in agreeing the £1m severance payment for a former senior executive.

The BBC's under-fire HR director, Lucy Adams, was also brought into the controversy when it emerged she had to correct evidence to parliament about her involvement in agreeing the £1m severance payment for Byford.

[Page C6] Mr. Fourtou also sought to resolve the issue of a severance payment for his predecessor, by saying that Mr. Messier not only would receive nothing but would be forced to return a salary payment he inadvertently received in July.

Excluding the Learning Company loss and other one-time charges related to severance payments for Ms. Barad and several other top executives who resigned, Mattel lost $6.2 million, or a cent a share.

The new rules also reduce severance payments for civil servants.

Citigroup said a $177 million charge taken in the second quarter would cover severance payments for the workers laid off.

Wachovia shareholders voted yesterday to cap future severance payments for top executives of the No. 4 U.S. bank, ignoring management's protests.

Analysts attributed the sudden rise to a combination of a weakening economy and the end of severance payments for people whose layoffs were announced months ago.