Common use of Severance Program Clause in Contracts

Severance Program. As of the Effective Time, Camden shall adopt a severance program with respect to certain employees of the Company and the Company Subsidiaries employed by the Company containing terms substantially the same as set forth on the form attached hereto as EXHIBIT C, and Camden shall maintain such severance program in accordance with the terms thereof.

Appears in 1 contract

Sources: Merger Agreement (Paragon Group Inc)

Severance Program. As of the Effective Time, Camden shall adopt a severance program with respect to certain employees of the Company and the Company Subsidiaries employed by the Company containing terms substantially the same as set forth on the form attached hereto as EXHIBIT Exhibit C, and Camden shall maintain such severance program in accordance with the terms thereof.

Appears in 1 contract

Sources: Merger Agreement (Camden Property Trust)