Complete Satisfaction. In consideration of the payment of the Change of Control Agreement Amount and the other provisions of this Agreement, the Executive, Buyer, Seller, and Seller Bank hereby agree that effective immediately following the Effective Time of the Merger, the Executive agrees that the full payment of the Change of Control Agreement Amount, as determined in accordance Section 1.1 and Section 1.2 shall be in complete satisfaction of all rights to payments due to Executive under the Change of Control Agreement.
Appears in 5 contracts
Samples: Agreement and Plan of Merger (CNB Financial Corp/Pa), Settlement Agreement (CNB Financial Corp/Pa), Settlement Agreement (CNB Financial Corp/Pa)
