At End of Term. If FNB terminates Xxxxxx’x employment hereunder as of the end of the Term or any extension thereof, FNB shall be obligated, as severance payments, to continue to pay the Compensation and provide the Benefits to Xxxxxx for a period of twenty-four (24) months after such termination at the rates, times and intervals at which such Compensation and Benefits are being paid or provided as of the date on which FNB terminates the employment of Xxxxxx. If Xxxxxx’x employment by FNB continues after the end of the Term or any extension thereof, no severance payments will be provided to him.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (First Chester County Corp), Employment Agreement (First Chester County Corp)
At End of Term. If FNB terminates Xxxxxx’x Xxxxx’x employment hereunder as of the end of the Term or any extension thereof, FNB shall be obligated, as severance payments, to continue to pay the Compensation and provide the Benefits to Xxxxxx Xxxxx for a period of twenty-four twelve (2412) months after such termination at the rates, times and intervals at which such Compensation and Benefits are being paid or provided as of the date on which FNB terminates the employment of XxxxxxXxxxx. If Xxxxxx’x Xxxxx’x employment by FNB continues after the end of the Term or any extension thereof, no severance payments will be provided to himher.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (First Chester County Corp), Employment Agreement (First Chester County Corp)
At End of Term. If FNB terminates Xxxxxx’x Fxxxxxxxxx’x employment hereunder as of the end of the Term or any extension thereof, FNB shall be obligated, as severance payments, to continue to pay the Compensation and provide the Benefits to Xxxxxx Fxxxxxxxxx for a period of twenty-four (24) months after such termination at the rates, times and intervals at which such Compensation and Benefits are being paid or provided as of the date on which FNB terminates the employment of XxxxxxFxxxxxxxxx. If Xxxxxx’x Fxxxxxxxxx’x employment by FNB continues after the end of the Term or any extension thereof, no severance payments will be provided to him.
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At End of Term. If FNB terminates Xxxxxx’x Xxxxx'x employment hereunder as of the end of the Term or any extension thereof, FNB shall be obligated, as severance payments, to continue to pay the Compensation and provide the Benefits to Xxxxxx Xxxxx for a period of twenty-four (24) months one year after such termination at the rates, times and intervals at which such Compensation and Benefits are being paid or provided as of the date on which FNB terminates the employment of Xxxxxx. If Xxxxxx’x employment by FNB continues after the end of the Term or any extension thereof, no severance payments will be provided to himXxxxx.
Appears in 1 contract
Samples: Executive Employment Agreement (First Chester County Corp)
At End of Term. If FNB terminates Xxxxxx’x Qxxxx’x employment hereunder as of the end of the Term or any extension thereof, FNB shall be obligated, as severance payments, to continue to pay the Compensation and provide the Benefits to Xxxxxx Qxxxx for a period of twenty-four (24) months after such termination at the rates, times and intervals at which such Compensation and Benefits are being paid or provided as of the date on which FNB terminates the employment of XxxxxxQxxxx. If Xxxxxx’x Qxxxx’x employment by FNB continues after the end of the Term or any extension thereof, no severance payments will be provided to him.
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At End of Term. If FNB terminates Xxxxxx’x Xxxxxxxxxx'x employment hereunder as of the end of the Term or any extension thereof, FNB shall be obligated, as severance payments, to continue to pay the Compensation and provide the Benefits to Xxxxxx Xxxxxxxxxx for a period of twenty-four (24) months one year after such termination at the rates, times and intervals at which such Compensation and Benefits are being paid or provided as of the date on which FNB terminates the employment of Xxxxxx. If Xxxxxx’x employment by FNB continues after the end of the Term or any extension thereof, no severance payments will be provided to himXxxxxxxxxx.
Appears in 1 contract
Samples: Executive Employment Agreement (First Chester County Corp)