Common use of Termination of Employment With Bank Liability Clause in Contracts

Termination of Employment With Bank Liability. (a) In the event that the Officer's employment with the Bank shall terminate either during the Assurance Period, or prior to the commencement of the Assurance Period but within three months of a Change of Control (as defined in section 10 of this Agreement); PROVIDED, HOWEVER, that if the Officer's employment is terminated prior to the commencement of the Assurance Period, it is reasonably demonstrated by the Officer that such termination of employment was at the request of a third party who has taken steps reasonably calculated to effect such Change of Control or otherwise arose in connection with or anticipation of such Change of Control, on account of:

Termination of Employment With Bank Liability. (a) In the event that the Officer's employment with the Bank shall terminate either during the Assurance Period, or prior to the commencement of the Assurance Period but within three months of a Change of Control (as defined in section 10 of this Agreement); PROVIDEDprovided, HOWEVERhowever, that if the Officer's employment is terminated prior to the commencement of the Assurance Period, it is reasonably demonstrated by the Officer that such termination of employment was at the request of a third party who has taken steps reasonably calculated to effect such Change of Control or otherwise arose in connection with or anticipation of such Change of Control, on account of: