PAYMENTS TO EXECUTIVE UPON AN EVENT OF TERMINATION. (a) Upon the occurrence of an Event of Termination (as herein defined) during the term of this Agreement, the provisions of this Section 4 shall apply. As used in this Agreement, an “Event of Termination’’ shall mean and include any one or more of the following:
Appears in 12 contracts
Samples: Employment Agreement (Atlantic Coast Financial CORP), Employment Agreement (Atlantic Coast Financial CORP), Employment Agreement (Atlantic Coast Financial CORP)
PAYMENTS TO EXECUTIVE UPON AN EVENT OF TERMINATION. (a) Upon the occurrence of an Event of Termination (as herein defined) during the Executive’s term of employment under this Agreement, the provisions of this Section 4 shall apply. As used in this Agreement, an “Event of Termination’’ ” shall mean and include any one or more of the following:
Appears in 11 contracts
Samples: Employment Agreement (First Clover Leaf Financial Corp.), Employment Agreement (First Clover Leaf Financial Corp.), Employment Agreement (First Clover Leaf Financial Corp.)
PAYMENTS TO EXECUTIVE UPON AN EVENT OF TERMINATION. (a) Upon the occurrence of an Event of Termination (as herein defined) during the term of this Agreement, the provisions of this Section 4 shall apply. As used in this Agreement, an “Event of Termination’’ shall mean and include any one or more of the following:"
Appears in 6 contracts
Samples: Employment Agreement (Atlantic Coast Federal Corp), Employment Agreement (Atlantic Coast Federal Corp), Employment Agreement (Atlantic Coast Federal Corp)
PAYMENTS TO EXECUTIVE UPON AN EVENT OF TERMINATION. (a) Upon the occurrence of an Event of Termination (as herein defined) during the term of this Agreement, the provisions of this Section 4 shall apply; provided, however, that in the event an Event of Termination occurs in connection with a Change in Control (as provided for in Section 5), Section 5 shall apply with respect to the determination of severance benefits. As used in this Agreement, an “Event of Termination’’ shall mean and include any one or more of the following:
Appears in 6 contracts
Samples: Employment Agreement (First Seacoast Bancorp, Inc.), Employment Agreement (Eureka Homestead Bancorp, Inc.), Employment Agreement (First Seacoast Bancorp)
PAYMENTS TO EXECUTIVE UPON AN EVENT OF TERMINATION. (a) Upon the occurrence of an Event of Termination (as herein defined) during the term of this Agreement), the provisions of this Section 4 section shall apply. As used in this Agreement, an “Event of Termination’’ shall mean and include any one or more of the following:
Appears in 3 contracts
Samples: Employment Agreement (Evans Bancorp Inc), Employment Agreement (Evans Bancorp Inc), Employment Agreement (Evans Bancorp Inc)
PAYMENTS TO EXECUTIVE UPON AN EVENT OF TERMINATION. (a) Upon the occurrence of an Event of Termination (as herein defined), including the occurrence of an Event of Termination coincident with or following a Change in Control (as defined in Section 5 hereof) during the term of this Agreement, the provisions of this Section 4 shall apply. As used in this Agreement, an “Event of Termination’’ ” shall mean and include any one or more of the following:
Appears in 2 contracts
Samples: Employment Agreement (Cape Bancorp, Inc.), Employment Agreement (Cape Bancorp, Inc.)
PAYMENTS TO EXECUTIVE UPON AN EVENT OF TERMINATION. (a) Upon the occurrence of an Event of Termination (as herein defined) during the Executive's term of employment under this Agreement, the provisions of this Section Paragraph 4 shall apply. As used in this Agreement, an “Event of Termination’’ ” shall mean and include any one or more of the following:
Appears in 2 contracts
Samples: Employment Agreement (Jefferson Bancshares Inc), Employment Agreement (Jefferson Bancshares Inc)
PAYMENTS TO EXECUTIVE UPON AN EVENT OF TERMINATION. (a) Upon the occurrence of an Event of Termination (as herein defined), including the occurrence of an Event of Termination coincident with or following a Change in Control (as defined in Section 5 hereof) during the term of this Agreement, the provisions of this Section 4 shall apply. As used in this Agreement, an “Event of Termination’’ shall mean and include any one or more of the following:
Appears in 2 contracts
Samples: Employment Agreement (Cape Bancorp, Inc.), Employment Agreement (Cape Bancorp, Inc.)
PAYMENTS TO EXECUTIVE UPON AN EVENT OF TERMINATION. (a) Upon the occurrence of an Event of Termination (as herein defined) during the term of this Agreement, the provisions of this Section 4 shall apply. As used in this Agreement, an “Event of Termination’’ shall mean and include any one or more of the following:
Appears in 1 contract
Samples: Employment Agreement (Atlantic Coast Financial CORP)
PAYMENTS TO EXECUTIVE UPON AN EVENT OF TERMINATION. (a) 4.1. Upon the occurrence of an Event of Termination (as herein defined) during the term of this Agreement), the provisions of this Section 4 section shall apply. As used in this Agreement, an “Event of Termination’’ ” shall mean and include any one or more of the following:
Appears in 1 contract
PAYMENTS TO EXECUTIVE UPON AN EVENT OF TERMINATION. (a) 4.1. Upon the occurrence of an Event of Termination (as herein defined) during the term of this Agreement), the provisions of this Section 4 section shall apply. As used in this Agreement, an “Event of Termination’’ shall mean and include any one or more of the following:
Appears in 1 contract
