Common use of Timing and Manner of Payment Clause in Contracts

Timing and Manner of Payment. Subject to Section 8. 11 , the amount that becomes payable to Executive pursuant to Section 4.1 (b) above shall be paid in a single lump sum on the first Company payroll date after 60 days after the Vesting Date.

Appears in 1 contract

Sources: Change in Control Severance Compensation Agreement (First Foundation Inc.)

Timing and Manner of Payment. Subject to Section 8. 11 8.11, the amount that becomes payable to Executive pursuant to Section 4.1 (b4.1(b) above shall be paid in a single lump sum on the first Company payroll date after 60 days after the Vesting Date.

Appears in 1 contract

Sources: Change in Control Severance Compensation Agreement (First Foundation Inc.)