Common use of No Effect on Employee Benefits Clause in Contracts

No Effect on Employee Benefits. Termination by the Corporation under Section 1(a)(1) (termination within two years after a Change in Control) or termination by the Officer under Section 1(a)(2) (termination for Good Reason) will not affect any rights the Officer may have under any benefit, compensation, or incentive agreement, policy, plan, program, or arrangement of the Corporation or the Bank, which rights shall be governed by the terms thereof.

Appears in 4 contracts

Samples: Severance Agreement (Unizan Financial Corp), Severance Agreement (Unizan Financial Corp), Severance Agreement (Unizan Financial Corp)

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No Effect on Employee Benefits. Termination by the Corporation under Section 1(a)(1) or Section 1(b)(1) (termination within two three years after a Change in ControlControl or termination on or before March 7, 2005) or termination by the Officer Executive under Section 1(a)(2) or Section 1(b)(2) (termination for Good Reason) will not affect any rights the Officer Executive may have under any benefit, compensation, or incentive agreement, policy, plan, program, or arrangement of the Corporation or the Bank, which rights shall be governed by the terms thereof.

Appears in 2 contracts

Samples: Severance Agreement (Unizan Financial Corp), Severance Agreement (Unizan Financial Corp)

No Effect on Employee Benefits. Termination by the Corporation under Section 1(a)(1) or Section 1(b)(1) (termination within two years after a Change in ControlControl or termination on or before March 7, 2005) or termination by the Officer Executive under Section 1(a)(2) or Section 1(b)(2) (termination for Good Reason) will not affect any rights the Officer Executive may have under any benefit, compensation, or incentive agreement, policy, plan, program, or arrangement of the Corporation or the Bank, which rights shall be governed by the terms thereof.

Appears in 2 contracts

Samples: Severance Agreement (Unizan Financial Corp), Severance Agreement (Unizan Financial Corp)

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No Effect on Employee Benefits. Termination by the Corporation under Section 1(a)(1) (termination within two three years after a Change in Control) or termination by the Officer Executive under Section 1(a)(2) (termination for Good Reason) will not affect any rights the Officer Executive may have under any benefit, compensation, or incentive agreement, policy, plan, program, or arrangement of the Corporation or the Bank, which rights shall be governed by the terms thereof.

Appears in 1 contract

Samples: Severance Agreement (Unizan Financial Corp)

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