PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, provided that the dispute or interpretation has been resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 27 contracts
Samples: Two Year Change in Control Agreement (Pioneer Bancorp, Inc./Md), Two Year Change in Control Agreement (OBA Financial Services, Inc.), Two Year Change in Control Agreement (Pioneer Bancorp, Inc./Md)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A409A of the Code, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, provided that the dispute or interpretation has been is resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) 60 days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 23 contracts
Samples: Employment Agreement (Kearny Financial Corp.), Employment Agreement (Kearny Financial Corp.), Employment Agreement (Kearny Financial Corp.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, provided that the dispute or interpretation has been is resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 14 contracts
Samples: Employment Agreement (Hamilton Bancorp, Inc.), Employment Agreement (Hamilton Bancorp, Inc.), Employment Agreement (Bancorp 34, Inc.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the BankCompany, provided that the dispute or interpretation has been is resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 8 contracts
Samples: Employment Agreement (Hamilton Bancorp, Inc.), Employment Agreement (Hamilton Bancorp, Inc.), Employment Agreement (Hamilton Bancorp, Inc.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, provided that the dispute or interpretation has been settled by Executive and the Bank or resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 8 contracts
Samples: Change in Control Agreement (Cape Bancorp, Inc.), Change in Control Agreement (Cape Bancorp, Inc.), Change in Control Agreement (Cape Bancorp, Inc.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, Bank provided that the dispute or interpretation has been is resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) 60 days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 8 contracts
Samples: Employment Agreement (Seneca Financial Corp.), Employment Agreement (Seneca Financial Corp.), Employment Agreement (Seneca Financial Corp.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive Officer pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, provided that the dispute or interpretation has been resolved in ExecutiveOfficer’s favor, and such reimbursement shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in ExecutiveOfficer’s favor.
Appears in 5 contracts
Samples: Two Year Change in Control Agreement (Kearny Financial Corp.), Two Year Change in Control Agreement (Kearny Financial Corp.), Two Year Change in Control Agreement (Kearny Financial Corp.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the BankEmployer, provided that the dispute or interpretation has been settled by Executive and Employer or resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 5 contracts
Samples: Employment Agreement (Campello Bancorp, Inc.), Employment Agreement (Campello Bancorp, Inc.), Employment Agreement (Campello Bancorp, Inc.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, provided that the dispute or interpretation has been resolved in Executive’s 's favor, and such reimbursement shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s 's favor.
Appears in 5 contracts
Samples: Change in Control Agreement (Meridian Interstate Bancorp Inc), Change in Control Agreement (OBA Financial Services, Inc.), Change in Control Agreement (OmniAmerican Bancorp, Inc.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by the Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, provided that the dispute or interpretation has been resolved in the Executive’s favor, and such the reimbursement shall occur be made no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in the Executive’s favor.
Appears in 5 contracts
Samples: Change in Control Agreement (Cincinnati Bancorp, Inc.), Change in Control Agreement (Cincinnati Bancorp, Inc.), Change in Control Agreement (Cincinnati Bancorp, Inc.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, Bank provided that the dispute or interpretation has been is resolved in Executive’s 's favor, and such reimbursement shall occur no later than sixty (60) 60 days after the end of the year in which the dispute is settled or resolved in Executive’s 's favor.
Appears in 5 contracts
Samples: Employment Agreement (WCF Bancorp, Inc.), Employment Agreement (Orange County Bancorp, Inc. /DE/), Employment Agreement (Orange County Bancorp, Inc. /DE/)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the BankAssociation, provided that the dispute or interpretation has been resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 4 contracts
Samples: Change in Control Agreement (Poage Bankshares, Inc.), Change in Control Agreement (Poage Bankshares, Inc.), Change in Control Agreement (Poage Bankshares, Inc.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, Bank provided that the dispute or interpretation has been is resolved in Executive’s favor, and such the reimbursement shall occur no later than sixty (60) 60 calendar days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 4 contracts
Samples: Employment Agreement (Catalyst Bancorp, Inc.), Employment Agreement (Catalyst Bancorp, Inc.), Employment Agreement (Catalyst Bancorp, Inc.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A409A of the Code, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, provided that the dispute or interpretation has been is resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 4 contracts
Samples: Employment Agreement (Madison County Financial, Inc.), Employment Agreement (Madison County Financial, Inc.), Employment Agreement (Madison County Financial, Inc.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, Bank provided that the dispute or interpretation has been is resolved in Executive’s favor, and such the reimbursement shall occur no later than sixty (60) 60 days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 4 contracts
Samples: Employment Agreement (SSB Bancorp, Inc.), Employment Agreement (SSB Bancorp, Inc.), Employment Agreement
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, provided that the dispute or interpretation has been resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) 60 days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 3 contracts
Samples: Change in Control Agreement (Bogota Financial Corp.), Change in Control Agreement (Bogota Financial Corp.), Change in Control Agreement (Bogota Financial Corp.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A409A of the Code, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the BankCompany, provided that the dispute or interpretation has been is resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) 60 days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 2 contracts
Samples: Employment Agreement (Kearny Financial Corp.), Employment Agreement (Kearny Financial Corp.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering a penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, provided that the dispute or interpretation has been resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) 60 days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 2 contracts
Samples: Employment Agreement (Bogota Financial Corp.), Employment Agreement (Bogota Financial Corp.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A409A of the Code, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the BankBank up to a maximum amount of $150,000, provided that the dispute or interpretation has been is resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) 60 days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 2 contracts
Samples: Employment Agreement (Berkshire Hills Bancorp Inc), Employment Agreement (Berkshire Hills Bancorp Inc)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the BankCompany, provided that the dispute or interpretation has been settled by Executive and the Company or resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 1 contract
Samples: Employment Agreement (OBA Financial Services, Inc.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the BankAssociation, provided that the dispute or interpretation has been settled by Executive and the Association or resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 1 contract
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, provided that the dispute or interpretation has been settled by Executive and the Bank or resolved in Executive’s 's favor, and such reimbursement shall occur no later than sixty (60) 60 days after the end of the year in which the dispute is settled or resolved in Executive’s 's favor.
Appears in 1 contract
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, provided that the dispute or interpretation has been resolved in Executive’s 's favor, and such reimbursement shall occur no later than sixty within thirty (6030) days after the end of the year in which the dispute is settled or resolved in Executive’s 's favor.
Appears in 1 contract
Samples: One Year Change in Control Agreement (Poage Bankshares, Inc.)
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, Bank provided that the dispute or interpretation has been is resolved substantially in Executive’s favor, favor and such reimbursement shall occur no later than sixty (60) 60 days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 1 contract
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, provided that the dispute or interpretation has been settled by Executive and the Bank or resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) 60 days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 1 contract
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, Bank provided that the dispute or interpretation has been is resolved substantially in Executive’s favor, and such reimbursement shall occur no later than sixty (60) 60 days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 1 contract
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A409A of the Code, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the BankEmployer, provided that the dispute or interpretation has been is resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) 60 days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 1 contract
PAYMENT OF LEGAL FEES. To the extent that such payment(s) may be made without triggering penalty under Code Section 409A, all reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, provided that the dispute or interpretation has been resolved in Executive’s favor, and such reimbursement shall occur no later than sixty within thirty (6030) days after the end of the year in which the dispute is settled or resolved in Executive’s favor.
Appears in 1 contract
Samples: One Year Change in Control Agreement (Poage Bankshares, Inc.)
