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 2 contracts

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

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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

Samples: 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

Samples: 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

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

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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

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

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