MplsGopher
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That makes a lot of sense. I buy this. Thanks!That’s not the way these things typically work. You don’t normally get to double dip and take both a severance/buyout and the new salary. Typically the out the door package is adjusted by what any new job would pay. The seeking employment clause is a good one as it prevents them from sitting in the living room for a few years on our dime. But it is highly unlikely he gets both complete buyout and a new salary.
So we're still gonna need to give him $1M, for the first year then, because I think MWC jobs pay in that $750k range.