Common use of Severance Pay - Change in Control Clause in Contracts

Severance Pay - Change in Control. In the event of a “change in control” as that term is defined in the Salary Continuation Plan and the Executive Deferred Compensation Plan in effect from time to time, any conflict between the provisions of this Agreement and the provisions of the Salary Continuation Plan or the Executive Deferred Compensation Plan shall be resolved in favor of the Salary Continuation Plan or the Executive Deferred Compensation Plan, as applicable.

Appears in 5 contracts

Samples: Employment Agreement (North Valley Bancorp), Employment Agreement (North Valley Bancorp), Employment Agreement (North Valley Bancorp)

AutoNDA by SimpleDocs

Severance Pay - Change in Control. In the event of a “change in control” as that term is defined in the Salary Continuation Plan and the Executive Deferred Compensation Plan in effect from time to time-to-time, any conflict between the provisions of this Agreement and the provisions of the Salary Continuation Plan or the Executive Deferred Compensation Plan shall be resolved in favor of the Salary Continuation Plan or the Executive Deferred Compensation Plan, as applicable.

Appears in 1 contract

Samples: Employment Agreement (North Valley Bancorp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.