Common use of Any Accrued Cash Bonus Clause in Contracts

Any Accrued Cash Bonus. c. A cash payment equal to two times the aggregate of Executive’s (i) Base Compensation in effect prior to the Change in Control, determined without regard to any reduction thereof giving rise to a Constructive Termination, and (ii) average bonus paid under the PBRP with respect to the Company’s two whole fiscal years preceding such Change in Control; such aggregate amount to be paid in the form of a single-sum not more than 60 days following Executive’s Separation Date, unless otherwise provided in a Release.

Appears in 5 contracts

Samples: Executive Employment Agreement (Renasant Corp), Executive Employment Agreement (Renasant Corp), Executive Employment Agreement (Renasant Corp)

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