Common use of Payment Period Clause in Contracts

Payment Period. When, if ever, a payment under this Agreement specifies a payment period with reference to a number of days (e.g., “payment shall be made within ten (10) days following the date of termination”), the actual date of payment within the specified period shall be within the sole discretion of Middlefield.

Appears in 11 contracts

Sources: Change in Control Agreement (Middlefield Banc Corp), Change in Control Agreement (Middlefield Banc Corp), Severance Agreement (Middlefield Banc Corp)

Payment Period. When, if ever, a payment under this Agreement specifies a payment period with reference to a number of days (e.g., “payment shall be made within ten (10) days following the date of termination”), the actual date of payment within the specified period shall be within the sole discretion of Middlefieldthe Employer.

Appears in 4 contracts

Sources: Employment Agreement (Ballston Spa Bancorp, Inc.), Employment Agreement (Ballston Spa Bancorp, Inc.), Employment Agreement (Ballston Spa Bancorp, Inc.)

Payment Period. When, if ever, a payment under this Agreement specifies a payment period with reference to a number of days (e.g., “payment shall be made within ten (10) days following the date of termination”), the actual date of payment within the specified period shall be within the sole discretion of MiddlefieldBancorp.

Appears in 3 contracts

Sources: Change in Control Agreement (Ballston Spa Bancorp, Inc.), Change in Control Agreement (Ballston Spa Bancorp, Inc.), Change in Control Agreement (Ballston Spa Bancorp, Inc.)

Payment Period. When, if ever, a payment under this Agreement specifies a payment period with reference to a number of days (e.g., "payment shall be made within ten (10) days following the date of termination"), the actual date of payment within the specified period shall be within the sole discretion of Middlefield.

Appears in 3 contracts

Sources: Change in Control Agreement (Middlefield Banc Corp), Change in Control Agreement (Middlefield Banc Corp), Change in Control Agreement (Middlefield Banc Corp)

Payment Period. When, if ever, a payment under this Agreement specifies a payment period with reference to a number of days (e.g., "payment shall be made within ten (10I 0) days following the date of termination”te1mination"), the actual date of payment within the specified period shall be within the sole discretion of Middlefield.

Appears in 1 contract

Sources: Change in Control Agreement (Middlefield Banc Corp)