Common use of Termination Benefits Clause in Contracts

Termination Benefits. (a) If, within one (1) year 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 for a reason other than Cause, Executive shall receive:

Appears in 3 contracts

Samples: Change in Control Agreement (Carroll Bancorp, Inc.), Change in Control Agreement (Standard Financial Corp.), Change in Control Agreement (Standard Financial Corp.)

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Termination Benefits. (a) If, within one (1) year of a Change in Control, Executive voluntarily terminates his employment for Good Reason (in accordance with Section 2(a) of this Agreement) the Bank or the Company or if the Bank or the Company involuntarily terminates his employment for a reason other than Causeemployment, Executive shall receive:

Appears in 3 contracts

Samples: Year Change in Control Agreement (Ocean Shore Holding Co), Change in Control Agreement (Ocean Shore Holding Co.), Year Change in Control Agreement (Ocean Shore Holding Co)

Termination Benefits. (a) If, If within one (1) year of before or after a Change in Control, Executive’s employment is involuntarily terminated for reasons other than Just Cause or Executive voluntarily terminates elects to terminate his employment for Good Reason Reason” (in accordance with Section 2(a) of this Agreement) or if the Bank involuntarily terminates his employment for a reason other than Cause, Executive shall receive:

Appears in 2 contracts

Samples: Change in Control Agreement (MB Bancorp Inc), Change in Control Agreement (MB Bancorp Inc)

Termination Benefits. (a) If, in connection with or within one twelve (112) year of months after a Change in Control, Executive voluntarily terminates employment resigns for Good Reason (in accordance with Section 2(a) of this Agreement) or if the Bank involuntarily terminates his employment for a reason other than Cause, Executive shall receive:

Appears in 2 contracts

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

Termination Benefits. (a) If, in connection with or within one two (12) year of years after a Change in Control, Executive voluntarily terminates employment resigns for Good Reason (in accordance with Section 2(a) of this Agreement) ), or if the Bank involuntarily terminates his Executive’s employment for a reason other than Cause, Executive shall receive:

Appears in 2 contracts

Samples: Trust Change in Control Agreement (River Financial Corp), Change in Control Agreement (River Financial Corp)

Termination Benefits. (a) If, If within one (1) year of a Change in Control, Executive’s employment is involuntarily terminated for reasons other than Just Cause or Executive voluntarily terminates elects to terminate her employment for Good Reason Reason” (in accordance with Section 2(a) of this Agreement) or if the Bank involuntarily terminates his employment for a reason other than Cause, Executive shall receive:

Appears in 2 contracts

Samples: Change in Control Agreement (MB Bancorp Inc), Change in Control Agreement (MB Bancorp Inc)

Termination Benefits. (a) If, in connection with or within one twelve (112) year of months after a Change in Control, Executive voluntarily terminates employment resigns for Good Reason (in accordance with Section 2(a) of this Agreement) or if the Bank involuntarily terminates his her employment for a reason other than Cause, Executive shall receive:

Appears in 2 contracts

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

Termination Benefits. (a) If, within one (1) year of If a Change in ControlControl occurs during the term of this Agreement and within one year thereafter, the Executive’s employment terminates involuntarily without Cause or if Executive voluntarily terminates his employment for with Good Reason (in accordance with Section 2(a) of this Agreement) or if the Bank involuntarily terminates his employment for a reason other than Cause, Executive shall receivemake or cause to be made:

Appears in 2 contracts

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

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Termination Benefits. (a) If, within one (1) year of a Change in Control, Executive voluntarily terminates her employment for Good Reason (in accordance with Section 2(a) of this Agreement) the Bank or the Company or if the Bank or the Company involuntarily terminates his employment for a reason other than Causeher employment, Executive shall receive:

Appears in 2 contracts

Samples: Year Change in Control Agreement (Ocean Shore Holding Co), Change in Control Agreement (Ocean Shore Holding Co.)

Termination Benefits. (a) If, in connection with or within one two (12) year of years after a Change in Control, Executive voluntarily terminates employment resigns for Good Reason (in accordance with Section 2(a) of this Agreement) ), or if the Bank involuntarily terminates his Executive’s employment for a reason other than Cause, Executive shall receive:

Appears in 1 contract

Samples: Change in Control Agreement (River Financial Corp)

Termination Benefits. (a) If, within one (1) year of a Change in Control, Executive voluntarily terminates his employment for Good Reason (in accordance with Section 2(a) of this Agreement) the Bank or Company or if the Bank or Company involuntarily terminates his employment for a reason other than Causeemployment, Executive shall receive:

Appears in 1 contract

Samples: Year Change in Control Agreement (Ocean Shore Holding Co)

Termination Benefits. (a) If, within one (1) year of a Change in Control, Executive voluntarily terminates her employment with the Bank or the Company for Good Reason (in accordance with Section 2(a) of this Agreement) or if the Bank involuntarily terminates his employment for a reason other than Causeher employment, Executive shall receive:

Appears in 1 contract

Samples: Change in Control Agreement (Ocean Shore Holding Co)

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