Common use of Good Reason Defined Clause in Contracts

Good Reason Defined. Executive shall be considered to have terminated employment hereunder for “Good Reason” if such termination of employment occurs on or within twenty-four (24) months after a Change in Control and is on account of any of the following actions by the Employer without Executive’s express written consent:

Appears in 8 contracts

Samples: Employment Agreement (Penns Woods Bancorp Inc), Employment Agreement (Penns Woods Bancorp Inc), Employment Agreement (Penns Woods Bancorp Inc)

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Good Reason Defined. Executive shall be considered to have terminated employment hereunder for “Good Reason” if such termination of employment occurs on or within twenty-four (24) months after a Change in Control and is on account of any of the following actions by the Employer Luzerne without Executive’s express written consent:

Appears in 3 contracts

Samples: Employment Agreement (Penns Woods Bancorp Inc), Employment Agreement (Penns Woods Bancorp Inc), Employment Agreement (Penns Woods Bancorp Inc)

Good Reason Defined. Executive shall be considered to have terminated employment hereunder for “Good Reason” if such termination of employment occurs on or within twenty-four (24) months after a Change in Control and is on account of any of the following actions by the Employer Penns Xxxxx without Executive’s express written consent:

Appears in 2 contracts

Samples: Employment Agreement (Penns Woods Bancorp Inc), Employment Agreement (Penns Woods Bancorp Inc)

Good Reason Defined. Executive shall be considered to have terminated employment hereunder for “Good Reason” if such termination of employment occurs on or within twenty-four (24) months after a Change in Control and is on account of any of the following actions by the Employer JSSB without Executive’s express written consent:

Appears in 1 contract

Samples: Employment Agreement (Penns Woods Bancorp Inc)

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Good Reason Defined. For purposes of this Section 5, Executive shall be considered to have terminated employment hereunder for “Good Reason” if such termination of employment occurs on or within twenty-four (24) months after a Change in Control and is on account of any of the following actions by the Employer JSSB without Executive’s express written consent:

Appears in 1 contract

Samples: Employment Agreement (Penns Woods Bancorp Inc)

Good Reason Defined. Executive shall be considered to have terminated employment hereunder for “Good Reason” if such termination of employment occurs on or within twenty-four (24) months after a Change in Control and is on account of any of the following actions by the Employer Penns Wxxxx without Executive’s express written consent:

Appears in 1 contract

Samples: Employment Agreement (Penns Woods Bancorp Inc)

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