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)
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)
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 $171,000.00 143,500.00 within one (1) business day following the date hereof.
Appears in 1 contract
Samples: Non Competition and Non Disclosure Agreement (Ameris Bancorp)