Expiration of Term of Agreement. In the event Executive’s employment is terminated by the Company at the end of the Term, the Company shall pay or provide the following amounts to Executive:
Expiration of Term of Agreement. At the expiration of the term of this Agreement as defined in Paragraph 1 above, if the Agreement has not been previously terminated under Paragraph 6(a), (b), (c) or (d) of this Agreement, all duties and obligations of the parties under this Agreement, except those set out in Paragraphs 4, 5 and 6(f), when applicable, shall cease.
Expiration of Term of Agreement. If the Term expires and it is not extended by the parties, the Executive’s employment will terminate at the end of such term and the Executive will be entitled to Payment of the Accrued Obligations in accordance with the schedule described in Section 4(a).
Expiration of Term of Agreement. In the event that Executive’s employment is terminated at the end of the Term, Executive shall not be entitled to receive any compensation or benefits under this Agreement except for the Standard Termination Payments; provided, however, that:
Expiration of Term of Agreement. The term of this Agreement shall expire upon a Change in Control. If the term of this Agreement expires upon a Change in Control and the Employee’s employment has not previously terminated, the Bank shall continue to be bound by, and shall cause any successor in interest to be bound by, the terms of this Section 11(a)(1) and Section 12 hereof.
Expiration of Term of Agreement. In the event that the Agreement expires at the end of the Term, Executive shall not be entitled to receive any compensation or benefits under this Agreement except for the Standard Termination Payments; provided, however, that (i) subject to Section 5.6 hereof, any unvested stock options comprising the Sign-On Option Award held by Executive upon the expiration of the Term will become fully vested and exercisable (provided that any stock options comprising the Sign-On Option Award will cease being exercisable upon the earlier of three (3) months after such expiration of the Term and the scheduled expiration date of such stock options), and in all other respects, all such stock options shall be governed by the plans and programs and the agreements and other documents pursuant to which such stock options were granted, (ii) subject to Section 5.6 hereof and except to the extent otherwise provided at the time of grant under the terms of any equity award made to Executive, 50% of any unvested stock options granted on or after the Effective Date and 50% of any unvested restricted stock units granted on or after the Effective Date held by Executive upon the expiration of the Term will become fully vested (and, in the case of any such stock options, exercisable) (provided that any stock options held by Executive will cease being exercisable upon the earlier of three (3) months after such expiration of the Term and the scheduled expiration date of such stock options), and (iii) subject to Section 5.6 hereof and except to the extent otherwise provided at the time of grant under the terms of any equity award made to Executive, 100% of any unvested stock options granted prior to the Effective Date and 100% of any unvested restricted stock units granted prior to the Effective Date will become fully vested (and, in the case of any such stock options, exercisable) (provided that any stock options held by Executive will cease being exercisable upon the earlier of three (3) months after such expiration of the Term and the scheduled expiration date of such stock options), and in all other respects, all stock options, restricted stock units and other equity-based awards held by Executive shall be governed by the plans and programs and the agreements and other documents pursuant to which the awards were granted; provided, however, that in the event such expiration of the Term occurs prior to the Compensation Committee’s determination as to the satisfaction of any performance c...
Expiration of Term of Agreement. Section 4(g) of the Agreement shall be deleted in its entirety and replaced with the following. If Executive’s employment with the Company and its affiliates is terminated by the Company at the end of the Term, Executive shall receive the Standard Termination Payments, and, provided Executive has, within 21 days of the date the Agreement expires, delivered to the Company, and not revoked, a release agreement as referred to in Section 4(l) of the Agreement:
Expiration of Term of Agreement. The term of this Agreement shall expire upon a Change in Control. If the term of this Agreement expires upon a Change in Control and the Employee’s employment has not previously terminated, the Bank shall continue to be bound by, and shall cause any successor in interest to be bound by, the terms of this Section 11(a)(1) and Section 12 hereof. (i) If on or before the Change in Control the Bank or its successor in interest offers to continue the employment of Employee as President of the Bank at the same compensation and substantially the same benefits he was receiving under this Agreement immediately prior to the Change in Control without placing any material limits on Employee’s duties or authority as President (including his authority, subject to corporate controls no more restrictive than those in effect on the date hereof, to hire and discharge employees who are not bona fide officers of the Bank), for at least 36 months (whether or not pursuant to a written agreement), and if the Employee accepts such offer and the Bank or its successor in interest continues to employ the Employee on such terms for at least 36 months following the Change in Control, the Employee shall be entitled to no further payments under this Agreement (other than any payments to which he may have become entitled prior to the expiration of the term of the Agreement).
Expiration of Term of Agreement. In the event that this Agreement expires at the end of the Term, Executive shall not be entitled to receive any compensation or benefits under this Agreement except the Company shall pay or grant to Executive the Standard Termination Payments and, subject to Section 5.6 hereof, at the time of termination, all of the then unvested RSUs and options awarded as part of the Sign-On Award shall immediately vest, provided that the equity will otherwise be governed by the Equity Award Agreement, and solely in the event that this Agreement expires due to the Company’s election to not renew this Agreement in accordance with its terms, Executive shall also receive the following:
Expiration of Term of Agreement. In the event that Executive’s employment is terminated at the end of the Term as a result of delivery of a notice of non-renewal by the Company (including, for the avoidance of doubt, in the event the Company exercises its right pursuant to the proviso in Section 1 to cause the expiration of the Term to occur on December 31, 2014), Executive shall not be entitled to receive any compensation or benefits under this Agreement except for the Standard Termination Payments; provided, however, that: (i) subject to Section 5.6, any unvested stock options and any unvested restricted stock units comprising the Sign-On Award held by Executive immediately prior to such termination will become fully vested (and, in the case of any such stock options, exercisable) (provided that any such stock options (together with any other vested stock options) held by Executive will cease being exercisable upon the earlier of ninety (90) days after such termination and the scheduled expiration date of such stock options), and, in all other respects, all stock options and restricted stock units held by Executive shall be governed by the plans and programs and the agreements and other documents pursuant to which the awards were granted; provided, however, if necessary to comply with Section 409A, settlement of any such equity-based awards shall be made on the date that is six (6) months plus one (1) day following expiration of the Term; and (ii) no later than March 15 following expiration of the Term, payment (without duplication) of an amount equal to the Incentive Compensation (if any) payable to Executive in respect of the year in which such Term expires.
