Common use of Any Other Termination Clause in Contracts

Any Other Termination. If Executive's employment by the Company is terminated for any reason other than as set forth in Section 6.1 (including, but not limited to, termination (a) by the Company for Cause, (b) as a result of Executive's death, (c) as a result of Executive's disability or (d) by Executive without Good Reason), the Company's obligation to Executive (or, in the case of Executive's death, to Executive's estate) will be limited solely to the payment of accrued and unpaid Annual Salary and Benefits through the date of such termination. All Annual Salary and Benefits will cease at the time of such termination, subject to the terms of any benefits or compensation plans then in force and applicable to Executive, and, except as otherwise provided in this Section 6.2 or pursuant to COBRA, the Company shall have no further liability or obligation hereunder by reason of such termination.

Appears in 3 contracts

Samples: Employment Agreement (Kirklands Inc), Employment Agreement (Kirklands Inc), Employment Agreement (Kirklands Inc)

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Any Other Termination. If Executive's employment by the Company Bank is terminated for any reason other than as set forth in Section 6.1 Sections 6.3 and 6.4 (including, but not limited to, termination (a) by the Company Bank for Cause, (b) as a result of Executive's death, (c) as a result of Executive's disability Executive being disabled or (d) by Executive without Good Reason)at will, the CompanyBank's obligation to Executive (or, in the case of Executive's death, to Executive's estate) will be limited solely to the payment of accrued and unpaid Annual Salary and Benefits through the date of such termination. All Annual Salary and Benefits will cease at the time of such termination, subject to the terms of any benefits or compensation plans then in force and applicable to Executive, and, except as otherwise provided in this Section 6.2 6.5 or pursuant to COBRA, the Company Bank shall have no further liability or obligation hereunder by reason of such termination.

Appears in 2 contracts

Samples: Amended and Restated Employment Agreement (Commercial National Financial Corp /Pa), Employment Agreement (Commercial National Financial Corp /Pa)

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Any Other Termination. If Executive's ’s employment by the Company Bank is terminated for any reason other than as set forth in Section 6.1 Sections 6.3 and 6.4 (including, but not limited to, termination (a) by the Company Bank for Cause, (b) as a result of Executive's ’s death, (c) as a result of Executive's disability Executive being disabled or (d) by Executive without Good Reason)at will, the Company's Bank’s obligation to Executive (or, in the case of Executive's ’s death, to Executive's ’s estate) will be limited solely to the payment of accrued and unpaid Annual Salary and Benefits through the date of such termination. All Annual Salary and Benefits will cease at the time of such termination, subject to the terms of any benefits or compensation plans then in force and applicable to Executive, and, except as otherwise provided in this Section 6.2 6.5 or pursuant to COBRA, the Company Bank shall have no further liability or obligation hereunder by reason of such termination.

Appears in 2 contracts

Samples: Employment Agreement (Commercial National Financial Corp /Pa), Employment Agreement (Commercial National Financial Corp /Pa)

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