Severance Awards. If the Executive's employment is Terminated during the Covered Period, then no later than 30 days after the later of (a) the date of such Termination, or (b) the occurrence of a Change in Control, the Company shall:
Appears in 2 contracts
Samples: First National (Pontotoc Bancshares Corp), First National (Pontotoc Bancshares Corp)
Severance Awards. If the Executive's employment is Terminated during the Covered Period, then no later than 30 days after the later of (a) the date six-month anniversary of such Termination, or (b) the occurrence of a Change in ControlControl that qualifies as a “change in control event” as defined in §1.409A-3(i)(5) of the final regulations under Internal Revenue Code Section 409A, the Company shall:
Appears in 2 contracts
Samples: Executive Agreement (Whitney Holding Corp), Executive Agreement (Whitney Holding Corp)
Severance Awards. If the ExecutiveOfficer's employment is Terminated during the Covered Period, then no later than 30 days after the later of (a) the date six-month anniversary of such Termination, or (b) the occurrence of a Change in ControlControl that qualifies as a “change in control event” as defined in §1.409A-3(i)(5) of the final regulations under Internal Revenue Code Section 409A, the Company shall:
Appears in 1 contract
