Payments to the Executive. In connection with the terminations provided in Section 1 and in Section 2, Kentucky First or Bank shall pay the following amounts to the Executive, immediately prior to the Effective Time, provided that Executive's employment with Kentucky First and Bank has not terminated before that time other than pursuant to Section 1 hereof:
Appears in 2 contracts
Sources: Merger Agreement (Bourbon Bancshares Inc /Ky/), Merger Agreement (Kentucky First Bancorp Inc)