Covered Terminations. If the Executive’s employment with the Company terminates by reason of a Covered Termination under Section 4(b), then, in addition to any accrued remuneration to which the Executive may otherwise be entitled pursuant to the terms and conditions of his employment with the Company, the Executive shall receive the following additional remuneration from the Company:
Appears in 4 contracts
Samples: Waiver and Release Agreement (LSB Bancshares Inc /Nc/), Waiver and Release Agreement (LSB Bancshares Inc /Nc/), Waiver and Release Agreement (LSB Bancshares Inc /Nc/)
Covered Terminations. If the Executive’s employment with the Company terminates by reason of a Covered Termination under Section 4(b3(b), then, in addition to any accrued remuneration to which the Executive may otherwise be entitled pursuant to the terms and conditions of his employment with the Company, the Executive shall receive the following additional remuneration from the Company:
Appears in 2 contracts
Samples: Waiver and Release Agreement (LSB Bancshares Inc /Nc/), Waiver and Release Agreement (LSB Bancshares Inc /Nc/)
Covered Terminations. If the Executive’s employment with the Company terminates by reason of a Covered Termination under Section 4(b), then, in addition to any accrued remuneration to which the Executive may otherwise be entitled pursuant to the terms and conditions of his her employment with the Company, the Executive shall receive the following additional remuneration from the Company:
Appears in 1 contract
Samples: Employment Continuity Agreement (LSB Bancshares Inc /Nc/)
