Control and Restrictive Covenant Agreement Sample Contracts

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CHANGE IN CONTROL AND RESTRICTIVE COVENANT AGREEMENT BETWEEN [EXECUTIVE] AND
Control and Restrictive Covenant Agreement • February 24th, 2020 • Williams Companies, Inc. • Natural gas transmission • Oklahoma

THIS CHANGE IN CONTROL AND RESTRICTIVE COVENANT AGREEMENT (the “Agreement”) is entered into by and between The Williams Companies, Inc., a Delaware corporation (the “Company”) and [Executive] (“Executive”), as of the __ day of ________, 2019.

CHANGE-IN-CONTROL AND RESTRICTIVE COVENANT AGREEMENT FOR CERTAIN OFFICERS OF ROCKVILLE BANK
Control and Restrictive Covenant Agreement • March 11th, 2009 • Rockville Financial Inc. • National commercial banks • Connecticut

Rockville Bank (the “Bank”) and Rockville Financial, Inc. (the “Company”) consider it essential to the best interests of the Company’s stockholders to foster the continued employment of key management personnel. In this connection, the Boards of Directors of the Bank and the Company (the “Board”) recognize that the possibility of a change in ownership or control of the Bank or the Company may result in the departure or distraction of such personnel to the detriment of the Bank and the Company and its stockholders. As you are a skilled and dedicated Bank executive with important management responsibilities and talents, the Bank and the Company believe that their best interests will be served if you are encouraged to remain with the Bank.

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