Common use of Upon Change in Control Clause in Contracts

Upon Change in Control. If Executive is employed on the date a Change in Control occurs or if the Executive's employment by the Bank or WGNB is terminated for any reason other than Cause, Disability, death or voluntary quit without Good Reason, during the twelve (12) month period immediately preceding the date of the Change in Control, the Bank and WGNB agree to pay the Executive an amount equal to:

Appears in 2 contracts

Samples: Employment Agreement (WGNB Corp), Employment Agreement (WGNB Corp)

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Upon Change in Control. If Executive is employed on the date a Change in Control occurs occurs, or if the Executive's ’s employment by the Bank or WGNB is terminated for any reason other than Cause, Disability, death or voluntary quit without Good Reason, during the twelve (12) month period immediately preceding the date of the Change in Control, the Bank and WGNB agree to pay to the Executive an amount equal to:

Appears in 2 contracts

Samples: Employment Agreement (WGNB Corp), Employment Agreement (WGNB Corp)

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