Common use of Benefits Upon Termination Clause in Contracts

Benefits Upon Termination. Upon the termination of Executive’s employment by the Bank (or any successor) without Cause or by Executive with Good Reason during the Term on or after the effective time of a Change in Control, the Bank (or any successor) will pay or provide Executive, or Executive’s estate in the event of Executive’s subsequent death, with the following:

Appears in 6 contracts

Samples: Change in Control Agreement (Bogota Financial Corp.), Two Year Change in Control Agreement (Pioneer Bancorp, Inc./Md), Change in Control Agreement (Bogota Financial Corp.)

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Benefits Upon Termination. Upon the termination of Executive’s employment by the Bank (a) If, at or any successor) without Cause or by Executive with Good Reason during the Term on or after the effective time of subsequent to a Change in ControlControl and during the term of this Agreement, the Bank (or any its successor) terminates the Executive’s employment other than for Cause, or if the Executive terminates his employment for Good Reason (collectively, a “Qualifying Termination Event”), then the Bank will pay or provide the Executive, or the Executive’s estate in the event of the Executive’s subsequent deathdeath prior to receiving the payment due, with the following:

Appears in 4 contracts

Samples: Change in Control Agreement (PB Bankshares, Inc.), Change in Control Agreement (PB Bankshares, Inc.), Change in Control Agreement (PB Bankshares, Inc.)

Benefits Upon Termination. Upon the termination of (a) If Executive’s employment by the Bank (or any successor) without Cause shall be terminated subsequent to a Change in Control and during the term of this Agreement by the Bank for other than Cause, or by Executive with for Good Reason during the Term on or after the effective time of a Change in ControlReason, then the Bank (or any successor) will pay or provide Executive, or Executive’s estate in the event of Executive’s subsequent death, with the following:

Appears in 3 contracts

Samples: Change in Control Agreement (Marathon Bancorp, Inc. /MD/), One Year Change in Control Agreement (Marathon Bancorp, Inc. /MD/), Change in Control Agreement (Marathon Bancorp, Inc. /MD/)

Benefits Upon Termination. Upon the termination of Executive’s employment by the Bank (or any successor) without Cause or by Executive with Good Reason If, subsequent to a Change in Control and during the Term on or after the effective time of a Change in Controlthis Agreement, the Bank (or any its successor) terminates the Executive’s employment other than for Cause, or if the Executive terminates his employment for Good Reason (collectively, a “Qualifying Termination Event”), then the Bank will pay or provide the Executive, or the Executive’s estate in the event of the Executive’s subsequent deathdeath prior to receiving the payment due, with the following:

Appears in 2 contracts

Samples: Change in Control Agreement (VWF Bancorp, Inc.), Change in Control Agreement (Central Plains Bancshares, Inc.)

Benefits Upon Termination. Upon the termination of Executive’s employment by If the Bank (or any its successor) without Cause or by Executive with Good Reason during terminates the Term on or after the effective time of Executive’s employment subsequent to a Change in ControlControl and during the term of this Agreement other than for Cause, or if the Executive terminates his employment for Good Reason (collectively, a “Qualifying Termination Event”), then the Bank (or any successor) will pay or provide the Executive, or the Executive’s estate in the event of the Executive’s subsequent deathdeath prior to receiving the payment due, with the following:

Appears in 2 contracts

Samples: Change in Control Agreement (Blue Foundry Bancorp), Change in Control Agreement (Blue Foundry Bancorp)

Benefits Upon Termination. Upon If the termination of Executive’s employment by the Company or the Bank (or any successor) without Cause or by Executive with Good Reason is terminated subsequent to a Change in Control and during the Term on by (i) the Company or after Bank for other than Cause, Disability, or the effective time of a Change in ControlExecutive’s death or (ii) the Executive for Good Reason, then the Company or the Bank (or any successor) will pay or provide Executive, or Executive’s estate in the event of Executive’s subsequent death, with the followingshall:

Appears in 1 contract

Samples: Change in Control Agreement (Provident Financial Services Inc)

Benefits Upon Termination. Upon the termination of Executive’s employment by If the Bank (or any its successor) without Cause or by Executive with Good Reason during terminates the Term on or after the effective time of Executive’s employment subsequent to a Change in ControlControl and during the term of this Agreement other than for Cause, or if the Executive terminates his employment for Good Reason (collectively, a “Qualifying Termination Exhibit 10.5 Event”), then the Bank (or any successor) will pay or provide the Executive, or the Executive’s estate in the event of the Executive’s subsequent deathdeath prior to receiving the payment due, with the following:

Appears in 1 contract

Samples: Change in Control Agreement (Blue Foundry Bancorp)

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Benefits Upon Termination. (a) Upon the termination of Executive’s employment by either: (1) the Bank (or any successor) without Cause for any reason other than for Cause; or by (2) Executive with for Good Reason during the Term on Reason, in either case, upon or after within two (2) years following the effective time of a the Change in Control, the Bank (or any successor) will pay or provide Executive, or Executive’s estate in the event of Executive’s subsequent death, with the following:

Appears in 1 contract

Samples: Change in Control Agreement (Peapack Gladstone Financial Corp)

Benefits Upon Termination. Upon the termination of Executive’s employment by the Bank (or any successor) without Cause or by Executive with Good Reason If, subsequent to a Change in Control and during the Term on or after the effective time of a Change in Controlthis Agreement, the Bank (or any its successor) terminates the Executive’s employment other than for Cause, or if the Executive terminates her employment for Good Reason (collectively, a “Qualifying Termination Event”), then the Bank will pay or provide the Executive, or the Executive’s estate in the event of the Executive’s subsequent deathdeath prior to receiving the payment due, with the following:

Appears in 1 contract

Samples: Change in Control Agreement (Central Plains Bancshares, Inc.)

Benefits Upon Termination. Upon the termination of Executive’s employment by the Bank (or any successor) without Cause or by Executive with Good Reason ​ If, subsequent to a Change in Control and during the Term on or after the effective time of a Change in Controlthis Agreement, the Bank (or any its successor) terminates the Executive’s employment other than for Cause, or if the Executive terminates his employment for Good Reason (collectively, a “Qualifying Termination Event”), then the Bank will pay or provide the Executive, or the Executive’s estate in the event of the Executive’s subsequent deathdeath prior to receiving the payment due, with the following:

Appears in 1 contract

Samples: Change in Control Agreement (VWF Bancorp, Inc.)

Benefits Upon Termination. Upon the termination of Executive’s employment by If the Bank (or any its successor) without Cause or by Executive with Good Reason during terminates the Term on or after the effective time of Executive’s employment subsequent to a Change in ControlControl and during the term of this Agreement other than for Cause, or if the Executive terminates her employment for Good Reason (collectively, a “Qualifying Termination Event”), then the Bank (or any successor) will pay or provide the Executive, or the Executive’s estate in the event of the Executive’s subsequent deathdeath prior to receiving the payment due, with the following:

Appears in 1 contract

Samples: Change in Control Agreement (Blue Foundry Bancorp)

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