Common use of Termination and Termination Benefits Clause in Contracts

Termination and Termination Benefits. Notwithstanding the provisions of Section 2, the Officer’s employment hereunder shall terminate under the following circumstances and shall be subject to the following provisions:

Appears in 12 contracts

Samples: Employment Agreement (Union First Market Bankshares Corp), Employment Agreement (Union Bankshares Corp), Employment Agreement (Monarch Financial Holdings, Inc.)

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Termination and Termination Benefits. Notwithstanding the provisions of Section 2, the Officer’s employment hereunder shall terminate terminate, but not his restrictions on competition and solicitation, which shall survive any termination, except a termination based on death or disability, under the following circumstances and shall be subject to the following provisions:

Appears in 7 contracts

Samples: Employment Agreement (Monarch Financial Holdings, Inc.), Employment Agreement (Monarch Financial Holdings, Inc.), Employment Agreement (Monarch Financial Holdings, Inc.)

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Termination and Termination Benefits. Notwithstanding the provisions of Section 2, and in addition to the expiration of the existing term of this Agreement following receipt by either party of a Nonrenewal Notice described in Section 2, the Officer’s employment hereunder shall will terminate under the following circumstances and shall will be subject to the following provisions:

Appears in 1 contract

Samples: Employment Agreement (Virginia Savings Bancorp)

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