Common use of Amount of Severance Benefit Clause in Contracts

Amount of Severance Benefit. (a) If the Employee becomes entitled to collect severance benefits pursuant to Section 2 hereof, the Employee shall receive from the Employer a severance benefit equal to 100% of the Code §280G Maximum.

Appears in 4 contracts

Samples: Severance Agreement, Control Severance Agreement (Iberiabank Corp), Control Severance Agreement (Iberiabank Corp)

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Amount of Severance Benefit. (a) If the Employee becomes entitled to collect severance benefits pursuant to Section 2 hereof, the Employee shall receive from the Employer a severance benefit equal to 10070% of the Code §280G Maximum.

Appears in 2 contracts

Samples: Control Severance Agreement (Iberiabank Corp), Control Severance Agreement (Iberiabank Corp)

Amount of Severance Benefit. (a) If the Employee becomes entitled to collect severance benefits pursuant to Section 2 hereof, the Employee shall receive from the Employer a severance benefit equal to 10035% of the Code §280G Maximum.

Appears in 1 contract

Samples: Control Severance Agreement (Iberiabank Corp)

Amount of Severance Benefit. (a) If the Employee becomes entitled to collect severance benefits pursuant to Section 2 hereof, the Employee shall receive from the Employer Company a severance benefit equal to 10070% of the Code §280G Maximum.

Appears in 1 contract

Samples: Control Severance Agreement (Iberiabank Corp)

Amount of Severance Benefit. (a) If the Employee becomes entitled to collect severance benefits pursuant to Section 2 hereof, the Employee shall receive from the Employer Company a severance benefit equal to 100% of the Code §280G Maximum.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Iberiabank Corp)

Amount of Severance Benefit. (a) If the Employee becomes entitled to collect severance benefits pursuant to Section 2 hereof, the Employee shall receive from the Employer Company a severance benefit equal to 10070% of the Code §280ss.280G Maximum.

Appears in 1 contract

Samples: Control Severance Agreement (Iberiabank Corp)

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Amount of Severance Benefit. (a) If the Employee becomes entitled to collect severance benefits pursuant to Section 2 hereof, the Employee shall receive from the Employer a severance benefit equal to 100% of the Code §280G Maximumto*.

Appears in 1 contract

Samples: Control Severance Agreement (Fairmount Bancorp, Inc.)

Amount of Severance Benefit. (a) If the Employee becomes entitled to collect severance benefits pursuant to Section 2 hereof, the Employee shall receive from the Employer Company a severance benefit equal to 100% of the Code §280ss.280G Maximum.

Appears in 1 contract

Samples: Control Severance Agreement (Iberiabank Corp)

Amount of Severance Benefit. (a) If the Employee becomes entitled to collect severance benefits pursuant to Section 2 hereof, the Employee shall receive from the Employer a severance benefit equal to 100% of the Code §280G Maximum.

Appears in 1 contract

Samples: Control Severance Agreement (Fairmount Bancorp, Inc.)

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