Adjustment of Salary Continuation Payment. Notwithstanding the foregoing, if Executive’s Good Reason for terminating his or her employment is a reduction of Post Change in Control Salary, then the Salary Continuation Payment shall be calculated based on Executive’s Post Change in Control Salary in effect prior to such reduction.
Appears in 4 contracts
Samples: Continuation Agreement (Pacific Continental Corp), Continuation Agreement (Pacific Continental Corp), Continuation Agreement (Pacific Continental Corp)
Adjustment of Salary Continuation Payment. Notwithstanding the foregoing, if Executive’s 's Good Reason for terminating his or her employment is a reduction of Post Change in Control Salary, then the Salary Continuation Payment shall be calculated based on Executive’s 's Post Change in Control Salary in effect prior to such reduction.
Appears in 2 contracts
Samples: Continuation Agreement (Pacific Continental Corp), Continuation Agreement (Pacific Continental Corp)
Adjustment of Salary Continuation Payment. Notwithstanding the foregoing, if Executive’s Good Reason for terminating his his/her or her employment is a reduction of Post Change in Control Salary, then the Salary Continuation Payment shall be calculated based on Executive’s Post Change in Control Salary in effect prior to such reduction.
Appears in 1 contract
Samples: Change in Control Agreement (Pacific Continental Corp)
