Termination for Other than Cause. If the Company terminates the Executive’s employment with the Company for any reason other than Cause, the Company will pay the Executive as wages the greater of an amount equal to two times the annual average of Executive’s Earned Compensation or the amount to which executive would be entitled under Article 2 of this agreement had the Executive given notice of retirement one year before the date on which the Company terminated the Executive’s employment. “
Appears in 2 contracts
Samples: Amendment to Agreement (First Business Financial Services, Inc.), Retirement Agreement (First Business Financial Services, Inc.)
Termination for Other than Cause. If In the Company terminates event of the Executive’s employment separation from service with the Company due to the termination by the Board of his employment for any reason other than CauseCause prior to a Change in Control or more than two (2) years after a Change in Control, the Company will shall pay the Executive as wages the greater of an amount equal to two (2) times the annual average of Executive’s Earned Compensation Salary or the amount to which executive the Executive would be entitled under Article ARTICLE 2 of this agreement Agreement had the Executive given notice of retirement one (1) year before the date on which the Company terminated the Executive’s employment. “.
Appears in 1 contract
Samples: Retirement Agreement (First Business Financial Services, Inc.)
Termination for Other than Cause. If In the Company terminates event of the Executive’s employment separation from service with the Company due to the termination by the Company of his employment for any reason other than CauseCause prior to a Change in Control or more than two (2) years after a Change in Control, the Company will shall pay the Executive as wages the greater of an amount equal to two (2) times the annual average of Executive’s Earned Compensation Salary or the amount to which executive the Executive would be entitled under Article 2 of this agreement Agreement had the Executive given notice of retirement one (1) year before the date on which the Company terminated the Executive’s employment. “.
Appears in 1 contract
Samples: Retirement Agreement (First Business Financial Services, Inc.)
Termination for Other than Cause. If In the Company terminates event of the Executive’s employment separation from service with the Company due to the termination by the Company of his employment for any reason other than CauseCause prior to a Change in Control or more than two (2) years after a Change in Control, the Company will shall pay the Executive as wages the greater of an amount equal to two (2) times the annual average of Executive’s Earned Compensation Salary or the amount to which executive the Executive would be entitled under Article ARTICLE 2 of this agreement Agreement had the Executive given notice of retirement one (1) year before the date on which the Company terminated the Executive’s employment. “.
Appears in 1 contract
Samples: Retirement Agreement (First Business Financial Services, Inc.)