Minimum Cash Compensation. During the Term of this Agreement, the total amount payable to the Executive by the Parent and the Company as base salary, “profit sharing” bonus and “incentive compensation” bonus, on an annualized basis, shall not be less than the amounts prescribed below:
Appears in 15 contracts
Samples: Executive Severance Agreement (American National Bankshares Inc.), Executive Severance Agreement (American National Bankshares Inc), Agreement and Plan of Reorganization (Midcarolina Financial Corp)
Minimum Cash Compensation. During the Term of this Agreement, the total ------------------------- amount payable to the Executive by the Parent and the Company as base salary, “"profit sharing” " bonus and “"incentive compensation” " bonus, on an annualized basis, shall not be less than the amounts prescribed below:
Appears in 1 contract
Samples: Executive Severance Agreement (American National Bankshares Inc)
Minimum Cash Compensation. During the Term of this Agreement, the total -------------------------- amount payable to the Executive by the Parent and the Company as base salary, “"profit sharing” " bonus and “"incentive compensation” " bonus, on an annualized basis, shall not be less than the amounts prescribed below:
Appears in 1 contract
Samples: Executive Severance Agreement (American National Bankshares Inc)