Schedule of Termination Benefits. Innes Street DISCLOSURE SCHEDULE 3.18 includes a schedule of all termination benefits and related payments that would be payable to the individuals identified thereon, excluding any Innes Street Options granted to such individuals, under any and all employment agreements, special termination agreements, change in control agreements, supplemental executive retirement plans, deferred bonus plans, deferred compensation plans, salary continuation plans, or any compensation arrangement, or other pension benefit or welfare benefit plan maintained by Innes Street or Citizens Bank for the benefit of officers or directors of Innes Street or Citizens Bank (the "Benefits Schedule"), assuming their employment or service is terminated as of January 1, 2002 and the Closing Date occurs prior to such termination. No other individuals are entitled to benefits under any such plans.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Innes Street Financial Corp), Agreement and Plan of Merger (Innes Street Financial Corp), Agreement and Plan of Merger (Gaston Federal Bancorp Inc)
