Ownership of Perquisites. The ownership of all club memberships, automobiles, and other perquisites approved by the Parent Board for the Executive prior to his Termination shall be transferred, fully paid and free of charge, to him within 30 days of his Termination, provided that Executive pays to the Parent an amount equal to any capital, bond or other equity amount paid by Parent related to such membership.
Appears in 6 contracts
Samples: Employment Agreement (Superior Bancorp), Employment Agreement (Superior Bancorp), Employment Agreement (Superior Bancorp)
