Basic Severance Benefit. If the Company, or any related entity or successor entity terminates the Employee's employment with the Company for any reason, without "Cause", the Employee shall be entitled to a Basic Severance Benefit equal to payment of the Employee's Base Compensation for a period of six (6) months.
Appears in 2 contracts
Samples: Severance Agreement (Community Partners Bancorp), Severance Agreement (Community Partners Bancorp)
Basic Severance Benefit. If the Company, or any related entity or successor entity terminates the Employee's ’s employment with the Company for any reason, without "“Cause"”, the Employee shall be entitled to a Basic Severance Benefit equal to payment of the Employee's ’s Base Compensation for a period of six (6) months.
Appears in 2 contracts
Samples: Severance Agreement (Community Partners Bancorp), Severance Agreement (Community Partners Bancorp)
Basic Severance Benefit. If the Company, or any related entity or successor entity terminates the Employee's employment with the Company for any reason, without "Cause", the Employee shall be entitled to a Basic Severance Benefit equal to payment of the Employee's Base Compensation Salary for a period of six (6) 24 months.
Appears in 1 contract
Basic Severance Benefit. If the Company, or any related entity or successor entity terminates the Employee's employment with the Company for any reason, without "Cause", the Employee shall be entitled to a Basic Severance Benefit equal to payment of the Employee's Base Compensation Salary for a period of six (6) 12 months.
Appears in 1 contract
Basic Severance Benefit. If the Company, or any related entity or successor entity terminates the EmployeeEmpIoyee's employment with the Company for any reason, without "Cause", the Employee shall be entitled to a Basic Severance Benefit equal to payment of the Employee's Base Compensation for a period of six (6) months.
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