Common use of Termination by the Executive other than for Good Reason Clause in Contracts

Termination by the Executive other than for Good Reason. If the Executive terminates employment other than for Good Reason, the Executive shall receive the salary to which he is entitled through the date on which his termination becomes effective and any other benefits to which he may be entitled under BNC’s benefit plans and policies.

Appears in 3 contracts

Samples: Employment Agreement (BNC Bancorp), Employment Agreement (BNC Bancorp), Employment Agreement (BNC Bancorp)

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Termination by the Executive other than for Good Reason. If the Executive terminates employment other than for Good Reason, the Executive shall receive the salary Base Salary to which he is entitled entitled, and any other benefits that may be available to him under the Bank's benefit plans and policies, through the date on which his termination becomes effective and any other benefits to which he may be entitled under BNC’s benefit plans and policieseffective.

Appears in 2 contracts

Samples: Employment Agreement (Citizens South Banking Corp), Employment Agreement (Citizens South Banking Corp)

Termination by the Executive other than for Good Reason. If the Executive terminates employment other than for Good Reason, the Executive shall receive the salary to which he is entitled through the date on which his termination becomes effective and any other benefits to which he that may be entitled available to him under BNC’s Citizens South's benefit plans and policies.

Appears in 2 contracts

Samples: Employment Agreement (Citizens South Banking Corp), Employment Agreement (Citizens South Banking Corp)

Termination by the Executive other than for Good Reason. If the Executive terminates employment other than for Good Reason, the Executive shall receive the salary to which he is entitled through the date on which his termination becomes effective and any other benefits to which he that may be entitled available to him under BNCCrescent’s benefit plans and policies.

Appears in 1 contract

Samples: Employment Agreement (Crescent Financial Corp)

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Termination by the Executive other than for Good Reason. If the Executive terminates employment other than for Good Reason, the Executive shall receive the salary to which he is entitled through the date on which his termination becomes effective and any other benefits to which he that may be entitled available to him under BNCCitizens South’s benefit plans and policies.

Appears in 1 contract

Samples: Employment Agreement (Citizens South Banking Corp)

Termination by the Executive other than for Good Reason. If the Executive terminates employment other than for Good Reason, the Executive shall receive the salary to which he is entitled through the date on which his termination becomes effective and any other benefits to which he may be entitled under BNCthe Bank’s benefit plans and policies.

Appears in 1 contract

Samples: Employment Agreement (Bank of Wilmington CORP)

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