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Common use of Changes in Control Clause in Contracts

Changes in Control. The non-compete provision detailed in Section 5.3 hereof shall not be enforceable following a Change in Control.

Appears in 5 contracts

Sources: Supplemental Executive Retirement Agreement (New North Penn Bancorp Inc), Supplemental Executive Retirement Agreement (North Penn Bancorp, Inc.), Supplemental Executive Retirement Agreement (North Penn Bancorp, Inc.)

Related Clauses

  • Changes in Ownership
  • Changes in Condition
  • Changes in Corporate Structure
  • Changes in Benefits
  • Changes in Agreement

Parent Clauses

  • EXPIRATION DATE
  • NEGATIVE COVENANTS
  • Resignation by Executive
  • General Limitations
  • Miscellaneous

Sub-Clauses

  • Automatic Acceleration and Cash-Out
  • Change in Control
  • Section 16 Insider
  • Possible Acceleration upon Change in Control
  • Termination of Employment in Connection with a Change in Control
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