Common use of Expiration of Term of Agreement Clause in Contracts

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).

Appears in 8 contracts

Samples: Employment Agreement (United Community Financial Corp), Employment Agreement (United Community Financial Corp), Employment Agreement (United Community Financial Corp)

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Expiration of Term of Agreement. If the Term term of this Agreement 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).following payments and benefits:

Appears in 1 contract

Samples: Employment Agreement (Rurbanc Data Services Inc)

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 Term and the Executive will be entitled to Payment of the Accrued Obligations in accordance with the schedule described in Section 4(a).

Appears in 1 contract

Samples: Employment Agreement (United Community Financial Corp)

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 payment of (i) the Accrued Obligations; (ii) the annual cash incentive payment for the final year of the Accrued Obligations in accordance with Term; and (iii) the schedule described in Section 4(a)annual equity incentive for the final year of the Term.

Appears in 1 contract

Samples: Employment Agreement (Diamond Hill Investment Group Inc)

Expiration of Term of Agreement. If the Term expires and it is not extended by the parties, and subject to the Employer’s right to earlier terminate the Term or the Executive’s employment for Cause, the Executive’s employment will terminate at the end of such term and the Executive will be entitled to Payment payment of the Accrued Obligations in accordance with the schedule as described in Section 4(a)5(a)(ii) of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Rurban Financial Corp)

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Expiration of Term of Agreement. If the Term expires and it is not extended by the parties, the Executive’s employment will shall terminate at the end of such term and the Executive will shall be entitled to Payment payment of the Accrued Obligations in accordance with the schedule as described in Section 4(a6(a).

Appears in 1 contract

Samples: Employment Agreement (Croghan Bancshares Inc)

Expiration of Term of Agreement. If the Term expires and it is the Employer and the Executive have not extended by mutually agreed in writing to extend the partiesTerm, the Executive’s employment will terminate at the end of such term the Term and the Executive will be entitled to Payment payment of the Accrued Obligations in accordance with the schedule described in Section 4(a)Obligations.

Appears in 1 contract

Samples: Employment Agreement (Diamond Hill Investment Group Inc)

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