Common use of Amount of Severance Benefit Clause in Contracts

Amount of Severance Benefit. If the Employee becomes entitled to collect severance benefits pursuant to Section 12(a) hereof, the Bank shall:

Appears in 13 contracts

Samples: Employment Agreement (HCB Bancshares Inc), Employment Agreement (Newsouth Bancorp Inc), Employment Agreement (Newsouth Bancorp Inc)

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Amount of Severance Benefit. If the Employee becomes entitled to collect severance benefits pursuant to Section 12(a) hereof, the Bank shallshall pay the Employee:

Appears in 6 contracts

Samples: Employment Agreement (Norwood Financial Corp), Employment Agreement (Norwood Financial Corp), Employment Agreement (Norwood Financial Corp)

Amount of Severance Benefit. If the Employee becomes entitled to collect severance benefits pursuant to Section 12(a) hereof, the Company shall (if not paid by the Bank shall:pursuant to the employment agreement between the Employee and the Bank):

Appears in 4 contracts

Samples: Employment Agreement (HCB Bancshares Inc), Employment Agreement (HCB Bancshares Inc), Employment Agreement (HCB Bancshares Inc)

Amount of Severance Benefit. If the Employee becomes entitled to collect severance benefits pursuant to Section 12(a13(a) hereof, the Bank shallshall pay the Employee:

Appears in 1 contract

Samples: Employment Agreement (Norwood Financial Corp)

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Amount of Severance Benefit. If the Employee becomes entitled to collect severance benefits pursuant to Section 12(a13(a) hereof, the Bank shall:

Appears in 1 contract

Samples: Agreement (Glen Burnie Bancorp)

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