Common use of Termination Following a Change in Control Clause in Contracts

Termination Following a Change in Control. (a) Notwithstanding Section 4.01, if, following a Change in Control, and prior to the end of the term of this Agreement, Manager’s employment is terminated by the Company (or any successor thereto) for any reason other than Cause, or Manager terminates his employment for Good Reason, the Company (or any successor thereto) shall pay Manager the following:

Appears in 13 contracts

Samples: Employment Agreement (First Mid Bancshares, Inc.), Employment Agreement (First Mid Bancshares, Inc.), Employment Agreement (First Mid Bancshares, Inc.)

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Termination Following a Change in Control. (a) Notwithstanding Section 4.01, if, following a Change in Control, and prior to the end of the term of this Agreement, Manager’s employment is terminated by the Company (or any successor thereto) for any reason other than Cause, or if Manager terminates his employment for Good Reasonbecause of a decrease in his then current base salary or a substantial diminution in his position and responsibilities, the Company (or any successor thereto) shall pay Manager the following:

Appears in 12 contracts

Samples: Employment Agreement (First Mid Illinois Bancshares Inc), Employment Agreement (First Mid Illinois Bancshares Inc), Employment Agreement (First Mid Illinois Bancshares Inc)

Termination Following a Change in Control. (a) Notwithstanding Section 4.01, if, following a Change in Control, and prior to the end of the term of this Agreement, Manager’s employment is terminated by the Company (or any successor thereto) for any reason other than Cause, or Manager terminates his Manager’s employment for Good Reason, the Company (or any successor thereto) shall pay Manager the following:

Appears in 3 contracts

Samples: Employment Agreement (First Mid Bancshares, Inc.), Employment Agreement (First Mid Bancshares, Inc.), Employment Agreement (First Mid Bancshares, Inc.)

Termination Following a Change in Control. (a) Notwithstanding Section 4.01, if, following a Change in Control, and prior to the end of the term of this Agreement, Manager’s employment is terminated by the Company (or any successor thereto) for any reason other than Cause, or if Manager terminates his her employment for Good Reasonbecause of a decrease in her then current base salary or a substantial diminution in her position and responsibilities, the Company (or any successor thereto) shall pay Manager the following:

Appears in 3 contracts

Samples: Employment Agreement (First Mid Illinois Bancshares Inc), Employment Agreement (First Mid Illinois Bancshares Inc), Employment Agreement (First Mid Illinois Bancshares Inc)

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Termination Following a Change in Control. (a) Notwithstanding Section 4.01, if, following a Change in Control, and prior to the end of the term of this Agreement, Manager’s employment is terminated by the Company (or any successor thereto) for any reason other than Cause, or if Manager terminates his employment for Good Reasonbecause of a decrease in his then current base salary or a substantial diminution in his position and responsibilities, the Company (or any successor thereto) shall pay Manager the following:

Appears in 2 contracts

Samples: Employment Agreement (First Mid Illinois Bancshares Inc), Employment Agreement (First Mid Illinois Bancshares Inc)

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