Common use of Payment of Deferred Amount Clause in Contracts

Payment of Deferred Amount. The vested portion of the Deferred Amount, after any adjustment pursuant to Section 4(c) above, shall be payable to the Executive (or the Executive's beneficiaries or estate) in a lump sum payment within 30 days after the Date of Termination.

Appears in 1 contract

Sources: Retention Agreement (National Processing Inc)

Payment of Deferred Amount. The vested portion of the Deferred Amount, after any adjustment pursuant to Section 4(c) above, Amount shall be payable to the Executive (or the Executive's beneficiaries or estate) in a lump sum payment within 30 days after the Date of Termination.

Appears in 1 contract

Sources: Retention Agreement (National Processing Inc)