Common use of CHANGE IN CONTROL OF THE BANK Clause in Contracts

CHANGE IN CONTROL OF THE BANK. (i) In the event of a Change in Control of the Bank (as defined in paragraph 5(d)(vi) below), and provided that Executive does not voluntarily terminate his employment with the Bank (or its successor) within the three (3) month period following the consummation of the Change in Control, Executive shall be paid a lump sum payment (the "Change in Control Payment") equal to:

Appears in 5 contracts

Samples: Employment Agreement (Republic Banking Corp of Florida), Employment Agreement (Republic Banking Corp of Florida), Employment Agreement (Republic Banking Corp of Florida)

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