Payment Events. Except as otherwise provided in this Section, in the case of a Termination Event After a Change in Control, Executive shall receive a salary continuation payment (the “Salary Continuation Payment”), payable in a lump sum on the later of the date of termination or the date of the Change in Control.
Appears in 4 contracts
Samples: Severance/Salary Continuation Agreement (Pacific Continental Corp), Severance/Salary Continuation Agreement (Pacific Continental Corp), Severance/Salary Continuation Agreement (Pacific Continental Corp)
Payment Events. Except as otherwise provided in this Section, in the case of a Termination Event After a Change in Control, Executive shall receive a salary continuation payment (the “Salary Continuation Payment”"SALARY CONTINUATION PAYMENT"), payable in a lump sum on the later of the date of termination or the date of the Change in Control.
Appears in 2 contracts
Samples: Change in Control/Salary Continuation Agreement (Pacific Continental Corp), Change in Control/Salary Continuation Agreement (Pacific Continental Corp)
Payment Events. Except as otherwise provided in this Section, in the case of a Termination Event After a Change in ControlControl (defined below), Executive shall receive a salary continuation payment (the “Salary Continuation Payment”), payable in a lump sum on the later of the date of termination or the date of the Change in Control.
Appears in 1 contract
Samples: Salary Continuation Agreement (Mountain Bank Holding Co)