Common use of Termination Benefits Clause in Contracts

Termination Benefits. (a) If Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:

Appears in 14 contracts

Samples: Savings Institute Bank and Trust Company (SI Financial Group, Inc.), Change in Control Agreement (Chicopee Bancorp, Inc.), Change in Control Agreement (SI Financial Group, Inc.)

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Termination Benefits. (a) If Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two one (21) years year of a Change in Control, Executive shall receive:

Appears in 6 contracts

Samples: Change in Control Agreement (Ocean Shore Holding Co), Control Agreement (MB Bancorp Inc), Ocean City Home Bank (Ocean Shore Holding Co)

Termination Benefits. (a) If Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated If, within two (2) years of a Change in Control, Executive voluntarily terminates employment for Good Reason (in accordance with Section 2(a) of this Agreement) or if the Bank involuntarily terminates her employment, Executive shall receive:

Appears in 5 contracts

Samples: Chicopee Savings (Chicopee Bancorp, Inc.), Chicopee Savings (Chicopee Bancorp, Inc.), Chicopee Savings Bank (Chicopee Bancorp, Inc.)

Termination Benefits. (a) If a. If, on or after the effective date of a Change in Control, Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement2b.) or involuntarily terminated within two (2other than for Cause) years during the remaining term of a Change in Controlthe Agreement, Executive shall receive:

Appears in 5 contracts

Samples: Change in Control Agreement (Hometown Bancorp,Inc.), Walden Federal Savings and Loan Association (Hometown Bancorp,Inc.), Walden Federal Savings and Loan Association (Hometown Bancorp,Inc.)

Termination Benefits. (a) If a. If, on or after the effective date of a Change in Control, Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement2b.) or involuntarily terminated within two (2other than for Cause) years during the remaining term of the Agreement, and provided that such termination of employment is a Change “Separation from Service” as defined in ControlCode Section 409A and the regulations thereunder, Executive shall receive:

Appears in 4 contracts

Samples: Change in Control Agreement (Hometown Bancorp,Inc.), Change in Control Agreement (Hometown Bancorp,Inc.), Change in Control Agreement (Hometown Bancorp,Inc.)

Termination Benefits. (a) If Executive’s employment is voluntarily If, in connection with or within two (2) years after a Change in Control, Executive resigns for Good Reason (in accordance with Section 2(a) of this Agreement) or if the Bank involuntarily terminated within two (2) years of terminates his employment for a Change in Controlreason other than Cause, Executive shall receive:

Appears in 4 contracts

Samples: Change in Control Agreement (If Bancorp, Inc.), Change in Control Agreement (If Bancorp, Inc.), Change in Control Agreement (If Bancorp, Inc.)

Termination Benefits. (a) If Executive’s 's employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:

Appears in 4 contracts

Samples: Savings Institute Bank and Trust Company Change in Control Agreement (SI Financial Group, Inc.), Control Agreement (New England Bancshares, Inc.), Control Agreement (New England Bancshares, Inc.)

Termination Benefits. (a) a. If Executive’s employment is voluntarily (in accordance with Section 2(a) 2a. of this Agreement) or involuntarily terminated within two one (21) years year of a Change in Control, Executive shall receive:

Appears in 3 contracts

Samples: Fraternity Federal Savings and Loan Association (Fraternity Community Bancorp Inc), Fraternity Federal Savings and Loan Association (Fraternity Community Bancorp Inc), Change in Control Agreement (BV Financial, Inc.)

Termination Benefits. (a) a. If Executive’s employment is voluntarily (for “Good Reason” in accordance with Section 2(a) 2a. of this Agreement) or involuntarily terminated within two three (23) years of a Change in Control, Executive shall receive:

Appears in 3 contracts

Samples: Change in Control Agreement (Naugatuck Valley Financial Corp), Change in Control Agreement (Naugatuck Valley Financial Corp), Change in Control Agreement (Naugatuck Valley Financial Corp)

Termination Benefits. (a) If Executive’s 's employment is voluntarily (in accordance with Section 2(a) 2 of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:

Appears in 2 contracts

Samples: Enfield Federal Savings and Loan Association Change in Control Agreement (New England Bancshares Inc), Enfield Federal Savings and Loan Association Change in Control Agreement (New England Bancshares Inc)

Termination Benefits. (a) a. If Executive’s employment is voluntarily (in accordance with Section 2(a) 2a. of this Agreement) or involuntarily terminated within two three (23) years of a Change in Control, Executive shall receive:

Appears in 2 contracts

Samples: Change in Control Agreement (Naugatuck Valley Financial Corp), Change in Control Agreement (Naugatuck Valley Financial Corp)

Termination Benefits. (a) If Executive’s 's employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two one (21) years year of a Change in Control, Executive shall receive:

Appears in 2 contracts

Samples: Change in Control Agreement (Clifton Bancorp Inc.), Control Agreement (New England Bancshares, Inc.)

Termination Benefits. (a) If Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:

Appears in 2 contracts

Samples: Change in Control Agreement (SI Financial Group, Inc.), Change in Control Agreement (SI Financial Group, Inc.)

Termination Benefits. (a) If Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two (2) years during the term of a Change in Controlthis Agreement, Executive shall receive:

Appears in 2 contracts

Samples: Two Year Change in Control Agreement (New England Bancshares, Inc.), Valley Bank (New England Bancshares, Inc.)

Termination Benefits. (a) If Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated If, within two (2) years of a Change in Control, Executive voluntarily terminates employment for Good Reason (in accordance with Section 2(a) of this Agreement) or if the Bank involuntarily terminates his employment, Executive shall receive:

Appears in 2 contracts

Samples: Change in Control Agreement (Chicopee Bancorp, Inc.), Change in Control Agreement (Chicopee Bancorp, Inc.)

Termination Benefits. (a) If lf Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two one (21) years year of a Change in Control, Executive shall receive:

Appears in 1 contract

Samples: Change in Control Agreement (Clifton Bancorp Inc.)

Termination Benefits. (a) a. If Executive’s 's employment is voluntarily (in accordance with Section 2(a.) of this Agreement) or involuntarily terminated within two (2) ___________ years of a Change in Control, Executive shall receive:

Appears in 1 contract

Samples: Form of Change in Control Agreement (Naugatuck Valley Financial Corp)

Termination Benefits. (a) a. If Executive’s Executive voluntarily terminates employment is voluntarily (in accordance with Section 2(a) 2a. of this Agreement) or is involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:

Appears in 1 contract

Samples: Federal Savings Bank (CFSB Bancorp, Inc. /MA/)

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Termination Benefits. (a) a. If Executive’s 's employment is voluntarily (in accordance with Section 2(a) 2a. of this Agreement) or involuntarily terminated within two three (23) years of a Change in Control, Executive shall receive:

Appears in 1 contract

Samples: Change in Control Agreement (Naugatuck Valley Financial Corp)

Termination Benefits. (a) a. If Executive’s employment is voluntarily (for “Good Reason” in accordance with Section 2(a) 2a. of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:

Appears in 1 contract

Samples: Change in Control Agreement (Naugatuck Valley Financial Corp)

Termination Benefits. (a) a. If Executive’s employment is voluntarily for Good Reason (in accordance with Section 2(a) 2a. of this Agreement) or involuntarily terminated terminated, either within two one (21) years year of a Change in Control, Executive shall receive:

Appears in 1 contract

Samples: Three Year Change in Control Agreement (BV Financial, Inc.)

Termination Benefits. (a) If lf Executive’s 's employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two one (21) years year of a Change in Control, Executive shall receive:

Appears in 1 contract

Samples: Control Agreement (Clifton Bancorp Inc.)

Termination Benefits. (a) If Executive’s employment is voluntarily If, in connection with or within two (2) years after a Change in Control, Executive resigns for Good Reason (in accordance with Section 2(a) of this Agreement) ), or if the Company involuntarily terminated within two (2) years of terminates Executive’s employment for a Change in Controlreason other than Cause, Executive shall receive:

Appears in 1 contract

Samples: Change in Control Agreement (River Financial Corp)

Termination Benefits. (a) a. If Executive’s Executive voluntarily terminates employment is voluntarily (in accordance with Section 2(a) 2a. of this Agreement) or is involuntarily terminated within two (2) years of one year following a Change in Control, Executive shall receive:

Appears in 1 contract

Samples: Change in Control Agreement (Profile Bancorp Inc)

Termination Benefits. (a) If a. If, on or after the effective date of a Change in Control, Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement2b.) or involuntarily terminated within two (2other than for Cause) years during the remaining term of a Change in Controlthis Agreement, Executive shall receive:

Appears in 1 contract

Samples: Change in Control Agreement (Beneficial Mutual Bancorp Inc)

Termination Benefits. (a) If Executive’s 's employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Control Executive shall receive:

Appears in 1 contract

Samples: Savings Institute Bank and Trust Company (SI Financial Group, Inc.)

Termination Benefits. (a) a. If Executive’s employment is voluntarily (in accordance with Section 2(a) 2a. of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:

Appears in 1 contract

Samples: Change in Control Agreement (Naugatuck Valley Financial Corp)

Termination Benefits. (a) If Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:: 170527.2

Appears in 1 contract

Samples: Savings Institute Bank and Trust Company (SI Financial Group, Inc.)

Termination Benefits. (a) If Executive’s 's employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two one (21) years year of a Change in Control, . Executive shall receive:

Appears in 1 contract

Samples: Control Agreement (SI Financial Group, Inc.)

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