Termination After a Change of Control. The Employee may terminate his employment with the Employer at any time after a change of control, in which event the Employer shall be obligated to pay to the Employee, on or before the effective date of such termination, the Employee's regular compensation (as in effect on the date of such termination) through the effective date of termination, and the amounts, if any, required by the terms of any applicable Plan in accordance with paragraph 11 hereof. In addition if the Employee elects to terminate his employment with the Employer due to or as a result of any "Change in Duties or Compensation" (as defined below) from the duties and compensation that existed immediately before such Change of Control occurred, then the Employer shall be obligated to pay to the
Appears in 7 contracts
Samples: Employment Agreement (First Security Corp /Ut/), Employment Agreement (First Security Corp /Ut/), Employment Agreement (First Security Corp /Ut/)
