Common use of Outplacement Assistance Clause in Contracts

Outplacement Assistance. NewMil Bancorp shall pay to the Executive reasonable outplacement expenses in an amount up to $25,000, and NewMil Bancorp shall provide the Executive with the use of office space and reasonable office support facilities, including secretarial assistance, for a period of one year after termination.

Appears in 15 contracts

Sources: Change in Control Agreement (Newmil Bancorp Inc), Change in Control Agreement (Newmil Bancorp Inc), Change in Control Agreement (Newmil Bancorp Inc)