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Exact(24)
The termination payment cut fourth-quarter income by $34 million, Dynegy said.
Pernetti had fired him, and he was seeking a termination payment of $950,000.
So why is John Hancock forcing the termination payment issue when a replacement for Ambac seemed imminent?
Mr. Wolf's side contends that the contract guarantees the money as a kind of termination payment, or "kill fee".
The board, which met last week in a special session, denied him severance or a termination payment.
He will receive a termination payment of nearly £1m as a result of Abbey's takeover by Banco Santander Central Hispano.
Similar(33)
For example, Waste Management's policy, instituted in August, applies only to termination payments.
However, ex-gratia termination payments up to a value of £30,000 are tax-free".
But lavish termination payments ought to be anathema to anyone who aspires to a just society.
Cushioning the loss to the companies are termination payments that analysts estimated could be as much as $2 billion.
But the annual report revealed Champion was handed termination payments worth £160,000 after being ousted in favour of Parsons.
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