Common use of Severance; Severance Payments Clause in Contracts

Severance; Severance Payments. Upon a termination of his employment with the Bank (the effective date of such termination is herein referred to as the “Date of Termination”), Executive will be entitled only to such compensation, benefits and rights as described in this Section 3.6 and in any other agreement between Executive and the Bank.

Appears in 6 contracts

Samples: Employment Agreement (Peoples Financial Services Corp.), Employment Agreement (Peoples Financial Services Corp.), Employment Agreement (Peoples Financial Services Corp.)

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Severance; Severance Payments. Upon a termination of his employment with the Bank Company (the effective date of such termination is herein referred to as the "Date of Termination"), Executive will be entitled only to such compensation, benefits and rights as described in this Section 3.6 3.7 and in any other agreement agreement, including but not limited to any stock appreciation rights agreement, between Executive and the BankCompany.

Appears in 2 contracts

Samples: Employment Agreement (Penseco Financial Services Corp), Employment Agreement (Penseco Financial Services Corp)

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Severance; Severance Payments. Upon a termination of his employment with the Bank Company (the effective date of such termination is herein referred to as the “Date of Termination”), Executive will be entitled only to such compensation, benefits and rights as described in this Section 3.6 3.7 and in any other agreement agreement, including but not limited to any stock appreciation rights agreement, between Executive and the BankCompany.

Appears in 1 contract

Samples: Employment Agreement (Penseco Financial Services Corp)

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