Termination by the Company Outside the Protection Period. In the event the Company terminates the Executive’s employment outside the Protection Period, the Executive will not be entitled to receive the Severance Benefits set forth in Section 4 hereof. The Executive shall, however, comply with the provisions of Section 5 hereof. The Company may, in its sole discretion, provide some form or amount of severance benefits to the Executive in such circumstances as the Company shall, in its sole discretion, determine.
Appears in 3 contracts
Samples: Special Separation Agreement (National Bancshares Corp /Oh/), Special Separation Agreement (National Bancshares Corp /Oh/), Special Separation Agreement (National Bancshares Corp /Oh/)
Termination by the Company Outside the Protection Period. In the event the Company terminates the Executive’s 's employment outside the Protection Period, the Executive will not be entitled to receive the Severance Benefits set forth in Section 4 hereof. The Executive shall, however, comply with the provisions of Section 5 hereof. The Company may, in its sole discretion, provide some form or amount of severance benefits to the Executive in such circumstances as the Company shall, in its sole discretion, determine.
Appears in 1 contract
Samples: Special Separation Agreement (National Bancshares Corp /Oh/)