Common use of Additional Cash Consideration Clause in Contracts

Additional Cash Consideration. In addition to the consideration payable to Executive as a result of the Merger and pursuant to the transactions contemplated by the Merger Agreement, Ameris agrees to pay Executive the sum of $171,000.00 within one (1) business day following the date hereof.

Appears in 3 contracts

Sources: Non Competition and Non Disclosure Agreement, Non Competition and Non Disclosure Agreement (Ameris Bancorp), Non Competition and Non Disclosure Agreement (Ameris Bancorp)

Additional Cash Consideration. In addition to the consideration payable to Executive as a result of the Merger and pursuant to the transactions contemplated by the Merger Agreement, Ameris agrees to pay Executive the sum of $171,000.00 203,602.00 within one (1) business day following the date hereof, provided that Executive remains employed with a Protected Party through the day immediately following the consummation of the Bank Merger (as defined in the Merger Agreement).

Appears in 1 contract

Sources: Non Competition and Non Disclosure Agreement (Ameris Bancorp)

Additional Cash Consideration. In addition to the consideration payable to Executive as a result of the Merger and pursuant to the transactions contemplated by the Merger Agreement, Ameris agrees to pay Executive the sum of $171,000.00 206,227.00 within one (1) business day following the date hereof, provided that Executive remains employed with a Protected Party through the day immediately following the consummation of the Bank Merger (as defined in the Merger Agreement).

Appears in 1 contract

Sources: Non Competition and Non Disclosure Agreement (Ameris Bancorp)

Additional Cash Consideration. In addition to the consideration payable to Executive as a result of the Merger and pursuant to the transactions contemplated by the Merger Agreement, Ameris agrees to pay Executive the sum of $171,000.00 143,500.00 within one (1) business day following the date hereof.

Appears in 1 contract

Sources: Non Competition and Non Disclosure Agreement (Ameris Bancorp)

Additional Cash Consideration. In addition to the consideration payable to Executive as a result of the Merger and pursuant to the transactions contemplated by the Merger Agreement, Ameris agrees to pay Executive the sum of $171,000.00 196,416.00 within one (1) business day following the date hereof, provided that Executive remains employed with a Protected Party through the day immediately following the consummation of the Bank Merger (as defined in the Merger Agreement).

Appears in 1 contract

Sources: Non Competition and Non Disclosure Agreement (Ameris Bancorp)