Common use of Severance Payments Clause in Contracts

Severance Payments. Subsequent to his Termination Date, the Bank shall pay Employee severance pay as noted in Paragraph 4(e) of the Employment Agreement (the “Severance Payment”), less applicable deductions and withholdings.

Appears in 7 contracts

Samples: Employment Agreement (First Community Corp /Sc/), Employment Agreement (First Community Corp /Sc/), Employment Agreement (First Community Corp /Sc/)

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Severance Payments. Subsequent to his Termination Date, the Bank shall pay Employee severance pay as noted in Paragraph 4(e) of the Employment Agreement Agreement, dated June 17, 2008, (the “Severance Payment”), less applicable deductions and withholdings.

Appears in 5 contracts

Samples: Employment Agreement (First Community Corp /Sc/), Employment Agreement (First Community Corp /Sc/), Employment Agreement (First Community Corp /Sc/)

Severance Payments. Subsequent to his Termination Date, the Bank shall pay Employee severance pay as noted in Paragraph 4(e) 4 of the Employment Agreement Agreement, dated November 22, 2013, (the “Severance Payment”), less applicable deductions and withholdings.

Appears in 3 contracts

Samples: Employment Agreement (Congaree Bancshares Inc), Employment Agreement (Congaree Bancshares Inc), Employment Agreement (Congaree Bancshares Inc)

Severance Payments. Subsequent to his Termination Date, the Bank shall pay Employee severance pay as noted in Paragraph 4(e) 4 of the Employment Agreement Agreement, dated , (the “Severance Payment”), less applicable deductions and withholdings.

Appears in 2 contracts

Samples: Severance Agreement and Release (Atlantic Bancshares, Inc.), Severance Agreement and Release (Atlantic Bancshares, Inc.)

Severance Payments. Subsequent to his her Termination Date, the Bank shall pay Employee severance pay as noted in Paragraph 4(e) of the Employment Agreement (the “Severance Payment”), less applicable deductions and withholdings.

Appears in 2 contracts

Samples: Employment Agreement (First Community Corp /Sc/), Employment Agreement (First Community Corp /Sc/)

Severance Payments. Subsequent to his Termination Date, the Bank shall pay Employee severance pay benefits as noted in Paragraph 4(e) of the Employment Agreement Agreement, dated , 2009, (the “Severance Payment”), less applicable deductions and withholdings.

Appears in 2 contracts

Samples: Employment Agreement (Palmetto Bancshares Inc), Employment Agreement (Palmetto Bancshares Inc)

Severance Payments. Subsequent to his her Termination Date, the Bank shall pay Employee severance pay as noted in Paragraph 4(e) 4 of the Employment Agreement Agreement, dated , (the “Severance Payment”), less applicable deductions and withholdings.

Appears in 2 contracts

Samples: Severance Agreement and Release (Atlantic Bancshares, Inc.), Severance Agreement and Release (Atlantic Bancshares, Inc.)

Severance Payments. Subsequent to his Termination Date, the Bank shall pay Employee severance pay benefits as noted in Paragraph 4(e) of the Employment Agreement Agreement, dated , 2011, (the “Severance Payment”), less applicable deductions and withholdings.

Appears in 2 contracts

Samples: Employment Agreement (Palmetto Bancshares Inc), Employment Agreement (Palmetto Bancshares Inc)

Severance Payments. Subsequent to his Termination Date, the Bank shall pay Employee severance pay benefits as noted in Paragraph 4(e) of the Employment Agreement Agreement, dated , 20 , (the “Severance Payment”), less applicable deductions and withholdings.

Appears in 2 contracts

Samples: Employment Agreement (CommunitySouth Financial CORP), Employment Agreement (CommunitySouth Financial CORP)

Severance Payments. Subsequent to his Termination Date, the Bank shall pay Employee severance pay as noted in Paragraph 4(e) of the Employment Agreement Agreement, dated December 10, 2008, (the “Severance Payment”), less applicable deductions and withholdings.

Appears in 1 contract

Samples: Employment Agreement (Independence Bancshares, Inc.)

Severance Payments. Subsequent to his Termination Date, the Bank shall pay Employee severance pay as noted in Paragraph 4(e) 4 of the Employment Agreement Agreement, dated October 20, 2010, (the “Severance Payment”), less applicable deductions and withholdings.

Appears in 1 contract

Samples: Employment Agreement (Congaree Bancshares Inc)

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Severance Payments. Subsequent to his Termination Date, the Bank shall pay Employee severance pay as noted in Paragraph 4(e4(d) of the Employment Agreement Agreement, dated August __, 2009 (the “Severance Payment”), less applicable deductions and withholdings. These payments are in addition to and not in lieu of any payments due to the Employee under the Noncompete Agreement.

Appears in 1 contract

Samples: Employment Agreement (First National Bancshares Inc /Sc/)

Severance Payments. Subsequent to his Termination Date, the Bank shall pay Employee severance pay benefits as noted in Paragraph 4(e) of the Employment Agreement Agreement, dated , 2008, (the “Severance Payment”), less applicable deductions and withholdings.

Appears in 1 contract

Samples: Employment Agreement (CommunitySouth Financial CORP)

Severance Payments. Subsequent to his Termination Date, the Bank shall pay Employee severance pay as noted in Paragraph 4(e4(a)(iii) of the Employment Agreement Agreement, dated December 10, 2008, (the “Severance Payment”), less applicable deductions and withholdings.

Appears in 1 contract

Samples: Employment Agreement (Independence Bancshares, Inc.)

Severance Payments. Subsequent to his her Termination Date, the Bank shall pay Employee severance pay as noted in Paragraph 4(e) of the Employment Agreement Agreement, dated May 4, 2009, (the “Severance Payment”), less applicable deductions and withholdings.

Appears in 1 contract

Samples: Employment Agreement (Independence Bancshares, Inc.)

Severance Payments. Subsequent to his her Termination Date, the Bank shall pay Employee severance pay as noted in Paragraph 4(e) of the Employment Agreement Agreement, dated June 17, 2008, (the “Severance Payment”), less applicable deductions and withholdings.

Appears in 1 contract

Samples: Employment Agreement (First Community Corp /Sc/)

Severance Payments. Subsequent to his Termination Date, the Bank shall pay Employee severance pay for the Employee as noted in Paragraph 4(e) 4[applicable clause to be referenced] of the Employment Agreement (the “Severance Payment”), less applicable deductions and withholdings.

Appears in 1 contract

Samples: Employment Agreement (First Community Corp /Sc/)

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