clipped from: apnews1.iwon.com   
Yahoo Adopts New Severance Plans

SUNNYVALE, Calif. (AP) - Yahoo Inc. (YHOO) (YHOO) is adopting severance plans to take effect if the Web portal is taken over by Microsoft Corp. (MSFT) (MSFT)


The plans cover all of Yahoo's full-time employees, including its top executives, for two years after a change in control of the company.


Workers who lose their job without cause - or quit for good reason as Yahoo defines it - would continue to receive their salary and medical benefits for four to 24 months, plus reimbursement for "outplacement services" for two years.


The departing employees' stock options would also vest faster than scheduled.