Common use of Payment of Costs and Legal Fees and Reinstatement of Benefits Clause in Contracts

Payment of Costs and Legal Fees and Reinstatement of Benefits. In the event any dispute or controversy arising under or in connection with the Executive’s termination is resolved in favor of the Executive, whether by judgment, arbitration or settlement, the Executive shall be entitled to the payment of (a) all legal fees incurred by the Executive in resolving such dispute or controversy, and (2) any back-pay, including Base Salary, bonuses and any other cash compensation, fringe benefits and any compensation and benefits due to the Executive under this Agreement, within thirty (30) days following the date such judgment, arbitration or settlement becomes final and non-appealable.

Appears in 11 contracts

Samples: Employment Agreement (Alliance Bancorp, Inc. Of Pennsylvania), Employment Agreement (Alliance Bancorp, Inc. Of Pennsylvania), Employment Agreement (Alliance Bancorp, Inc. Of Pennsylvania)

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Payment of Costs and Legal Fees and Reinstatement of Benefits. In the event any dispute or controversy arising under or in connection with the Executive’s termination is resolved in favor of the Executive, whether by judgment, arbitration or settlement, the Executive shall be entitled to the payment of (a) all legal fees incurred by the Executive in resolving such dispute or controversy, and (2b) any back-pay, including Base Salary, bonuses and any other cash compensation, fringe benefits and any compensation and benefits due to the Executive under this Agreement, within thirty (30) days following the date such judgment, arbitration or settlement becomes final and non-appealable.

Appears in 10 contracts

Samples: Employment Agreement (Abington Bancorp, Inc./Pa), Employment Agreement (Abington Bancorp, Inc./Pa), Employment Agreement (Abington Bancorp, Inc./Pa)

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