401(k) Contribution. PremierWest shall pay to Executive a lump sum payment in an amount equal to the matching and profit sharing contributions, if any, that would have been made had Executive’s employment not terminated before the end of the plan year. PremierWest shall make such payment on the first day of the seventh month after the Executive’s Termination of Employment.
Appears in 4 contracts
Samples: Employment Agreement (Premierwest Bancorp), Employment Agreement (Premierwest Bancorp), Employment Agreement (Premierwest Bancorp)