CIC Payment definition
CIC Payment has the meaning given to the term in Section 5.7(c)(iii)(D) of this Agreement. Claim has the meaning given to the term in Section 5.7(c)(v) of this Agreement.
CIC Payment has the meaning set forth in Section 6.10(g).
CIC Payment has the meaning given to the term in Section 5.7(c)(iii)(C) of this Agreement. Closing has the meaning given to the term in Section 1.3(a) of this Agreement.
Examples of CIC Payment in a sentence
Notwithstanding the foregoing, no Covered Employee eligible to receive a CIC Payment shall be eligible to receive severance benefits as set forth in this Section 7.6(d) or otherwise, but will receive such CIC Payment to the extent it is required to be paid under the applicable agreement.
Any Covered Employee who waives and relinquishes his or her right to a CIC Payment will be eligible for a severance payment as provided in this Section 7.6(d).
More Definitions of CIC Payment
CIC Payment means a payment of any cash amount to a Participant due to a Change in Control pursuant to any plan, arrangement or agreement maintained by, or entered into with the Company or the Bank.
CIC Payment means any severance benefit or other payment in connection with the Contemplated Transactions (including in connection with any other event) under the Transition and Separation Agreements, an employment, change in control, severance, retention, salary continuation agreement or other agreement.
CIC Payment has the meaning set forth in Section l(b)(iii) herein.