Common use of Termination for Cause; Resignation Without Good Reason Clause in Contracts

Termination for Cause; Resignation Without Good Reason. (i) If the Executive’s employment is terminated by the Company for Cause or if the Executive resigns from his employment for any reason other than for Good Reason or after a Change of Control, the Executive shall have no right to receive compensation or other benefits for any period after such Termination for Cause or resignation for any reason other than for Good Reason or after a Change of Control except as may be required by law and except that the Executive’s rights to exercise his stock options in the event his employment terminates shall be governed by the Independent Bank Corp. 2005 Employee Stock Plan and/or any other relevant stock option plan, as appropriate (the “Plans”) and the relevant stock option agreement.

Appears in 6 contracts

Samples: Employment Agreement (Independent Bank Corp), Employment Agreement (Independent Bank Corp), Employment Agreement (Independent Bank Corp)

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Termination for Cause; Resignation Without Good Reason. (i) If the Executive’s 's employment is terminated by the Company for Cause or if the Executive resigns from his employment for any reason other than for Good Reason or after a Change of Control, the Executive shall have no right to receive compensation or other benefits for any period after such Termination for Cause or resignation for any reason other than for Good Reason or after a Change of Control except as may be required by law and except that the Executive’s 's rights to exercise his stock options or vest in restricted stock in the event his employment terminates shall be governed by the Independent Bank Corp. 2005 Employee Stock Plan and/or any other relevant stock option plan, as appropriate plan (the “PlansEquity Plan”) and the relevant stock option or restricted stock agreement.

Appears in 5 contracts

Samples: Employment Agreement (Independent Bank Corp), Employment Agreement (Independent Bank Corp), Employment Agreement (Independent Bank Corp)

Termination for Cause; Resignation Without Good Reason. (i) If the Executive’s 's employment is terminated by the Company for Cause or if the Executive resigns from his employment for any reason other than for Good Reason or after a Change of ControlReason, as defined below in Section 5(a)(iii), the Executive shall have no right to receive compensation or other benefits for any period after such Termination for Cause or resignation for any reason other than for Good Reason or after a Change of Control Reason, except as may be required by law and except that the Executive’s 's rights to exercise his stock options in the event his employment terminates shall be governed by the Independent Bank Corp. 2005 Employee 1987 Incentive Stock Option Plan and/or any other relevant stock option plan, as appropriate (the "Plans") and the relevant stock option agreement.

Appears in 2 contracts

Samples: Employment Agreement (Independent Bank Corp), Employment Agreement (Independent Bank Corp)

Termination for Cause; Resignation Without Good Reason. (i) If the Executive’s employment is terminated by the Company for Cause or if the Executive resigns from his her employment for any reason other than for Good Reason or after a Change of ControlReason, as defined below in Section 5(a)(iii), the Executive shall have no right to receive compensation or other benefits for any period after such Termination for Cause or resignation for any reason other than for Good Reason or after a Change of Control Reason, except as may be required by law and except that the Executive’s rights to exercise his her stock options in the event his her employment terminates shall be governed by the Independent Bank Corp. 2005 Employee 1997 Incentive Stock Option Plan and/or any other relevant stock option plan, as appropriate (the “Plans”) and the relevant stock option agreement.

Appears in 2 contracts

Samples: Employment Agreement (Independent Bank Corp), Employment Agreement (Independent Bank Corp)

Termination for Cause; Resignation Without Good Reason. (i) If the Executive’s employment is terminated by the Company for Cause or if the Executive resigns from his employment for any reason other than for Good Reason or after a Change of ControlReason, as defined below in Section 5(a)(iii), the Executive shall have no right to receive compensation or other benefits for any period after such Termination for Cause or resignation for any reason other than for Good Reason or after a Change of Control Reason, except as may be required by law and except that the Executive’s rights to exercise his stock options in the event his employment terminates shall be governed by the Independent Bank Corp. 2005 Employee Stock Plan and/or any other relevant stock option plan, as appropriate (the “Plans”) and the relevant stock option agreement.

Appears in 1 contract

Samples: Employment Agreement (Independent Bank Corp)

Termination for Cause; Resignation Without Good Reason. (i) If the Executive’s 's employment is terminated by the Company for Cause or if the Executive resigns from his employment for any reason other than for Good Reason or after a Change of ControlReason, as defined below in Section 5(a)(iii), the Executive shall have no right to receive compensation or other benefits for any period after such Termination for Cause or resignation for any reason other than for Good Reason or after a Change of Control Reason, except as may be required by law and except that the Executive’s 's rights to exercise his stock options in the event his employment terminates shall be governed by the Independent Bank Corp. 2005 Employee 1997 Incentive Stock Option Plan and/or any other relevant stock option plan, as appropriate (the "Plans") and the relevant stock option agreement.

Appears in 1 contract

Samples: Employment Agreement (Independent Bank Corp)

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Termination for Cause; Resignation Without Good Reason. (i) If the Executive’s employment is terminated by the Company for Cause or if the Executive resigns from his employment for any reason other than for Good Reason or after a Change of ControlReason, as defined below in Section 5(a)(iii), the Executive shall have no right to receive compensation or other benefits for any period after such Termination for Cause or resignation for any reason other than for Good Reason or after a Change of Control Reason, except as may be required by law and except that the Executive’s rights to exercise his stock options in the event his employment terminates shall be governed by the Independent Bank Corp. 2005 Employee 1987 Incentive Stock Option Plan and/or any other relevant stock option plan, as appropriate (the “Plans”) and the relevant stock option agreement.

Appears in 1 contract

Samples: Employment Agreement (Independent Bank Corp)

Termination for Cause; Resignation Without Good Reason. (i) If the Executive’s employment is terminated by the Company for Cause or if the Executive resigns from his employment for any reason other than for Good Reason or after a Change of ControlReason, as defined below in Section 5(a)(iii), the Executive shall have no right to receive compensation or other benefits for any period after such Termination for Cause or resignation for any reason other than for Good Reason or after a Change of Control Reason, except as may be required by law and except that the Executive’s rights to exercise his stock options in the event his employment terminates shall be governed by the Independent Bank Corp. 2005 Employee 1997 Incentive Stock Option Plan and/or any other relevant stock option plan, as appropriate (the “Plans”) and the relevant stock option agreement.

Appears in 1 contract

Samples: Employment Agreement (Independent Bank Corp)

Termination for Cause; Resignation Without Good Reason. (i) If the Executive’s employment is terminated by the Company for Cause or if the Executive resigns from his employment for any reason other than for Good Reason or after a Change of ControlReason, as defined below in Section 5(a)(iii), the Executive shall have no right to receive compensation or other benefits for any period after such Termination for Cause or resignation for any reason other than for Good Reason or after a Change of Control Reason,except as may be required by law and except that the Executive’s rights to exercise his stock options in the event his employment terminates shall be governed by the Independent Bank Corp. 2005 Employee 1997 Incentive Stock Option Plan and/or any other relevant stock option plan, as appropriate (the “Plans”) and the relevant stock option agreement.

Appears in 1 contract

Samples: Employment Agreement (Independent Bank Corp)

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