Lakeland Financial Corp
Lakeland Financial Corporation is an Indiana-based company committed to ensuring the continued dedication of its executives amid potential changes in control. The organization recognizes the importance of providing security to its executives against employment uncertainties that may arise during such transitions.
The company has established a Change in Control Agreement to address potential employment terminations and severance benefits for executives. This agreement includes provisions for severance payments, medical and dental benefits, and outlines specific definitions related to changes in control and circumstances of termination to protect both the executive and the company's interests.
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