Common use of Employment After a Change in Control Clause in Contracts

Employment After a Change in Control. If a Change in Control of the Company occurs during the term of this Agreement, and the Executive is employed by the Bank on the date the Change in Control occurs, then the Bank shall have the following obligations.

Appears in 2 contracts

Samples: Noncompete and Change of Control Agreement (Botetourt Bankshares Inc), Confidentiality and Change of Control Agreement (Botetourt Bankshares Inc)

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Employment After a Change in Control. If a Change in Control of the Company occurs during the term of this AgreementAgreement or any additional one-year renewal term, and the Executive is employed by the Bank on the date the Change in Control occurs, then the Bank shall have the following obligations.

Appears in 2 contracts

Samples: Employment Agreement (Botetourt Bankshares Inc), Employment Agreement (Botetourt Bankshares Inc)

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