Common use of Payments and Benefits Clause in Contracts

Payments and Benefits. If an Event occurs during the Term of this Agreement, then the Executive shall be entitled to receive from the Company or its successor (which includes any person acquiring all or substantially all of the assets of the Company) a cash payment and other benefits on the following basis (unless the Executive's employment by the Company is terminated voluntarily or involuntarily before the occurrence of the earliest Event to occur (the "First Event"), in which case the Executive shall be entitled to no payment or benefits under this Section 3):

Appears in 4 contracts

Samples: Management Agreement (Buffets Inc), Management Agreement (Buffets Inc), Management Agreement (Buffets Inc)

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Payments and Benefits. If an any Event occurs shall occur during the Term of this Agreement, then the Executive shall be entitled to receive from the Company Company, the Bank or its successor either of their successors (which includes term as used herein shall include any person acquiring all or substantially all of the assets of the CompanyCompany or the Bank) a cash payment and other benefits on the following basis (unless the Executive's ’s employment by the Company is terminated voluntarily or involuntarily before prior to the occurrence of the earliest Event to occur (the "First Event"), in which case the Executive shall be entitled to no payment or benefits under this Section 3):

Appears in 3 contracts

Samples: Change in Control Agreement (HMN Financial Inc), Change in Control Agreement (HMN Financial Inc), Change in Control Agreement (HMN Financial Inc)

Payments and Benefits. If an any Event occurs shall occur during the Term of this Agreement, then the Executive shall be entitled to receive from the Company Company, the Bank or its successor either of their successors (which includes term as used herein shall include any person acquiring all or substantially all of the assets of the CompanyCompany or the Bank) a cash payment and other benefits on the following basis (unless the Executive's employment by the Company is terminated voluntarily or involuntarily before prior to the occurrence of the earliest Event to occur (the "First Event"), in which case the Executive shall be entitled to no payment or benefits under this Section 3):

Appears in 3 contracts

Samples: Control Agreement (HMN Financial Inc), Control Agreement (HMN Financial Inc), Control Agreement (HMN Financial Inc)

Payments and Benefits. If an any Event occurs shall occur during the Term of this Agreement, then the Executive shall be entitled to receive from the Company or its successor (which includes term as used herein shall include any person acquiring all or substantially all of the assets of the Company) a cash payment and other benefits on the following basis (unless the Executive's ’s employment by the Company is terminated voluntarily or involuntarily before prior to the occurrence of the earliest Event to occur (the "First Event"), in which case the Executive shall be entitled to no payment or benefits under this Section 32):

Appears in 2 contracts

Samples: Management Agreement (Fair Isaac Corp), Management Agreement (Fair Isaac Corp)

Payments and Benefits. If an any Event occurs shall occur during the Term of this Agreement, then the Executive shall be entitled to receive from the Company or its successor (which includes term as used herein shall include any person acquiring all or substantially all of the assets of the Company) a cash payment and other benefits on the following basis (unless the Executive's employment by the Company is terminated voluntarily or involuntarily before prior to the occurrence of the earliest Event to occur (the "First Event"), in which case the Executive shall be entitled to no payment or benefits under this Section 32):

Appears in 2 contracts

Samples: Management Agreement (Fair Isaac & Company Inc), Employment Agreement (Fair Isaac Corp)

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Payments and Benefits. If an any Event occurs shall occur during the Term of this Agreement, then the Executive shall be entitled to receive from the Company or its successor (which includes term as used herein shall include any person acquiring all or substantially all of the assets of the Company) a cash payment and other benefits on the following basis (unless the Executive's employment by the Company is terminated voluntarily or involuntarily before prior to the occurrence of the earliest Event to occur (the "First Event"), in which case the Executive shall be entitled to no payment or benefits under this Section 3):

Appears in 1 contract

Samples: Control Agreement (Smithway Motor Xpress Corp)

Payments and Benefits. If an any Event occurs shall occur during the Term of this Agreement, then the Executive shall be entitled to receive from the Company Company, the Bank or its successor either of their successors (which includes term as used herein shall include any person acquiring all or substantially all of the assets of the CompanyCompany or the Bank) a cash payment and other benefits on the following basis (unless the Executive's ’s employment by the Company is terminated voluntarily or involuntarily before prior to the occurrence of the earliest Event to occur (the "First Event"), in which case the Executive shall be entitled to no payment or benefits under this Section 32):

Appears in 1 contract

Samples: Change in Control Agreement (HMN Financial Inc)

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