Amendment of Employment Agreement. Effective as of the date hereof, the following amendment to the Employment Agreement shall become effective and the modifications to the Employment Agreement set forth herein shall be incorporated into the terms of Employment Agreement as follows: (a) Section 5(b) shall be amended to read as follows: (b) As used in this Agreement, “Change in Control” means the first to occur of any of the following events:
Appears in 4 contracts
Samples: Employment Agreement (Sovereign Bancorp Inc), Employment Agreement (Sovereign Bancorp Inc), Employment Agreement (Sovereign Bancorp Inc)
