Common use of Executive Compensation Clause in Contracts

Executive Compensation. Neither the Company nor the Purchaser shall take any action that will result in, nor will the Company or the Purchaser permit, directly or indirectly, the acceleration, vesting, enhancement or increase in the payments or benefits that would otherwise become due as a result of the consummation of the Merger to any current or former executive officers of the Company.

Executive Compensation. Neither the Company Purchaser nor the Purchaser Company shall take any action that will result in, nor will the Company Purchaser or the Purchaser Company permit, directly or indirectly, the acceleration, vesting, enhancement or increase in the payments or benefits that would otherwise become due as a result of the consummation of the Merger to any current or former executive officers of the Company.

Executive Compensation. Neither the The Company nor the Purchaser shall not take any action that will result in, nor will the Company or the Purchaser permit, directly or indirectly, the acceleration, vesting, enhancement or increase in the payments or benefits that would otherwise become due as a result of the consummation of the Merger transactions contemplated in this Agreement to any current or former executive officers of the Company.

Executive Compensation. Neither the Company Purchasers nor the Purchaser Company shall take any action that will result in, nor will the Company permit or the Purchaser permitPurchasers consent to, directly or indirectly, the acceleration, vesting, enhancement or increase in the payments or benefits that would otherwise become due as a result of the consummation of the Merger Transaction to any current or former executive officers of the Company.

Executive Compensation. Neither the Company Purchasers nor the Purchaser Company shall take any action that will result in, nor will the Company Purchasers or the Purchaser Company permit, directly or indirectly, the acceleration, vesting, enhancement or increase in the payments or benefits that would otherwise become due as a result of the consummation of the Merger Transactions to any current or former executive officers of the Company.

Executive Compensation. Neither the Company Purchaser nor the Purchaser Company shall take any action that will result in, nor will the Company Purchaser or the Purchaser Company permit, directly or indirectly, the acceleration, vesting, enhancement or increase in the payments or benefits that would otherwise become due as a result of the consummation of the Merger Recapitalization Transaction to any current or former executive officers of the Company.

Executive Compensation. Neither the Company Purchaser nor the Purchaser Company shall take any action that will result in, nor will the Company Purchaser or the Purchaser Company permit, directly or indirectly, the acceleration, vesting, enhancement or increase in the payments or benefits that would otherwise become due as a result of the consummation of the Merger Transaction to any current or former executive officers of the Company.

Executive Compensation. Neither the Company Purchaser nor the Purchaser Company shall take any action that will result in, nor will the Company Purchaser or the Purchaser Company permit, directly or indirectly, the the acceleration, vesting, vesting or enhancement or increase in the payments or benefits that would otherwise become due as a result of the consummation of the Merger Investment to any current or former executive officers of the CompanyCompany except for cash payments to be made in respect of accrued benefits under the Capital Bank Supplemental Executive Retirement Plan that were vested prior to the closing of the Investment.

Executive Compensation. Neither the Company Purchaser nor the Purchaser shall take Company has taken any action that will result in, nor will has the Purchaser or the Company or the Purchaser permitpermitted, directly or indirectly, the acceleration, vesting, vesting or enhancement or increase in the payments or benefits that would otherwise become due as a result of the consummation of the Merger to any current or former executive officers of the Company.