Common use of Performance Bonus Clause in Contracts

Performance Bonus. If Employee's employment is terminated by Employee with cause, or by Bank without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank with cause, or by Employee without cause.

Appears in 11 contracts

Samples: 2008 Employment Agreement (Columbia Bancorp \Or\), Salary Continuation Plan Agreement (Columbia Bancorp), Employment Agreement (Columbia Bancorp \Or\)

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Performance Bonus. If Employee's employment is terminated by Employee with cause, or by Bank Bancorp without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable nonforfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank Bancorp with cause, or by Employee without cause.

Appears in 8 contracts

Samples: 2004 Employment Agreement (Columbia Bancorp \Or\), Employment Agreement (Columbia Bancorp \Or\), Employment Agreement (Columbia Bancorp \Or\)

Performance Bonus. If Employee's employment is terminated by Employee with cause, or by Bank without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable nonforfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank with cause, or by Employee without cause.

Appears in 7 contracts

Samples: Employment Agreement (Columbia Bancorp \Or\), Employment Agreement (Columbia Bancorp \Or\), Employment Agreement (Columbia Bancorp \Or\)

Performance Bonus. If Employee's employment is terminated by Employee with cause, or by Bank Bancorp without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable nonforfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 4.3 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank Bancorp with cause, or by Employee without cause.

Appears in 4 contracts

Samples: 2001 Employment Agreement (Columbia Bancorp \Or\), Employment Agreement (Columbia Bancorp \Or\), 2001 Employment Agreement (Columbia Bancorp \Or\)

Performance Bonus. If Employee's employment is terminated by Employee with cause, or by Bank Bancorp without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank Bancorp with cause, or by Employee without cause.

Appears in 2 contracts

Samples: Employment Agreement (Columbia Bancorp \Or\), Employment Agreement (Columbia Bancorp \Or\)

Performance Bonus. If Employee's employment is terminated by Employee with cause, or by the Bank without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable nonforfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 4.3 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by the Bank with cause, or by Employee without cause.

Appears in 2 contracts

Samples: Employment Agreement (Columbia Bancorp \Or\), Employment Agreement (Columbia Bancorp \Or\)

Performance Bonus. If Employee's ’s employment is terminated by Employee with cause, or by Bank without cause, Employee shall be paid, in addition to the amounts payable under Sections Section 3.5 and 3.6 of the Agreement: (i) all non-forfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's ’s employment is terminated by Bank with cause, cause or by Employee without cause.

Appears in 1 contract

Samples: Employment Agreement (Columbia Bancorp \Or\)

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Performance Bonus. If Employee's ’s employment is terminated by Employee with cause, or by Bank Bancorp without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's ’s employment is terminated by Bank Bancorp with cause, or by Employee without cause.

Appears in 1 contract

Samples: Employment Agreement (Columbia Bancorp \Or\)

Performance Bonus. If Employee's employment is terminated by Employee with cause, or by Bank Bancorp without cause, Employee shall be paid, in addition to the all other amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable nonforfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank Bancorp with cause, or by Employee without cause.

Appears in 1 contract

Samples: 2008 Employment Agreement (Columbia Bancorp \Or\)

Performance Bonus. If Employee's employment is terminated by Employee with cause, or by Bank Bancorp without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable nonforfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 4.4 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank Bancorp with cause, or by Employee without cause.,

Appears in 1 contract

Samples: Employment Agreement (Columbia Bancorp \Or\)

Performance Bonus. If Employee's employment is terminated by Employee with cause, or by Bank without cause, Employee shall be paid, in addition to the amounts payable under Sections Section 3.5 and 3.6 of the Agreement: (i) all non-forfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank with cause, cause or by Employee without cause.

Appears in 1 contract

Samples: Employment Agreement (Columbia Bancorp \Or\)

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