Payments Upon a Change of Control. Section 11(c) of the Employment Agreement shall be deleted in its entirety and replaced as follows: Upon the occurrence of the events specified in this Section 11(c), the Executive shall be entitled to receive certain payments at the times and in the amounts as follows:
Appears in 4 contracts
Samples: Employment Agreement (National Penn Bancshares Inc), Employment Agreement (National Penn Bancshares Inc), Employment Agreement (KNBT Bancorp Inc)