Common use of Coordination with Section 2 Clause in Contracts

Coordination with Section 2. 4. If Early Termination that is involuntary or voluntary with Good Reason occurs within the 24-month period after a Change in Control, the Bank shall pay the Executive the benefit under section 2.4 and not the benefit under this Section 2.2B.

Appears in 5 contracts

Samples: Salary Continuation Agreement (Paragon Commercial CORP), Salary Continuation Agreement (Paragon Commercial CORP), Salary Continuation Agreement (Paragon Commercial CORP)

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