Amount of Payment. The Severance Payment shall be an amount equal to two (2) times the average of the total base compensation and short term bonus received by Executive for each of the two most recent calendar years.
Appears in 6 contracts
Samples: Executive Severance Agreement (Intermountain Community Bancorp), Executive Severance Agreement (Intermountain Community Bancorp), Executive Severance Agreement (Intermountain Community Bancorp)
Amount of Payment. The Severance Payment shall be an amount equal to two (2) times the average of the total base compensation and short term bonus payments received by Executive for each of the two most recent calendar years.
Appears in 2 contracts
Samples: Executive Severance Agreement (Intermountain Community Bancorp), Executive Severance Agreement (Intermountain Community Bancorp)
