Definition of Taylor Severance Plan


Taylor Severance Plan means the Taylor Capital Group, Inc. Senior Officer Change in Control Severance Plan, as may be amended from time to time, which Plan has been assumed by the Parent as a result of the merger of Taylor Capital Group, Inc. into the Parent.
Sample 1

Examples of Taylor Severance Plan in a sentence

For avoidance of doubt, if the Company or Parent becomes obligated to pay separation benefits to the Executive pursuant to the Taylor Severance Plan, then this Agreement will no longer be applicable to the Executive, and any and all obligations of the Company to Executive under this Agreement will cease.