Marissa Mayer will earn $55 million to leave Yahoo

Image: Flickr/Fortune Live Media

Marissa Mayer has a nice executive pay package coming her way if she is terminated from Yahoo.

Via CNBC

The CEO of the embattled online news site, currently trying to sell itself, is entitled to severance benefits valued at $54.9 million in case she is terminated without cause, according to a regulatory filing after the market closed Friday. The potential payout would also be triggered by a "change of control," which includes the sale of the company, according to the filing.

Mayer's potential payout includes cash severance of $3 million, $26,324 to continue her health benefits, $15,000 for outplacement, and—if that's enough—nearly $52 million worth of accelerated restricted stock and options.