Termination of Employment Following Change in Control. (a) If a Change in Control (as defined in Section 6(b) of this Agreement) shall occur and Executive experiences an involuntary separation of service as defined in Code Section 409A (“Separation of Service”) without Cause, then the provisions of Section 7 of this Agreement shall apply.
Appears in 5 contracts
Samples: Employment Agreement (Franklin Financial Services Corp /Pa/), Employment Agreement (Franklin Financial Services Corp /Pa/), Employment Agreement (Franklin Financial Services Corp /Pa/)
Termination of Employment Following Change in Control. (a) If a Change in Control (as defined in Section 6(b) of this Agreement) shall occur and Executive experiences an involuntary separation of service as defined in Code Section 409A (“Separation of Service”) without CauseCause within one year of the Change of Control, then the provisions of Section 7 of this Agreement shall apply.
Appears in 4 contracts
Samples: Employment Agreement (Fidelity D & D Bancorp Inc), Employment Agreement (Fidelity D & D Bancorp Inc), Employment Agreement (Fidelity D & D Bancorp Inc)
Termination of Employment Following Change in Control. (a) If a Change in Control (as defined in Section 6(b) of this Agreement) shall occur and Executive experiences an involuntary separation of service as defined in Code Section 409A (“Separation of Service”) without CauseCause within two (2) years after the Change in Control, then the provisions of Section 7 of this Agreement shall apply.
Appears in 4 contracts
Samples: Employment Agreement (ENB Financial Corp), Employment Agreement (ENB Financial Corp), Employment Agreement (ENB Financial Corp)
Termination of Employment Following Change in Control. (a) If a Change in Control (as defined in Section 6(b) of this Agreement) shall occur and Executive experiences an involuntary separation of service as defined in Code Section 409A 5 (“Separation of Service”) without CauseCause within one year of the Change of Control, then the provisions of Section 7 of this Agreement shall apply.
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Termination of Employment Following Change in Control. (a) If a Change in Control (as defined in Section 6(b) of this Agreement) shall occur and Executive experiences an involuntary separation of service as defined in Code Section 409A (“Separation of Service”), without Cause within two (2) without Causeyears after the Change in Control, then the provisions of Section 7 of this Agreement shall apply.
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Termination of Employment Following Change in Control. (a) 7.1 If a Change in Control (as defined in Section 6(b) 7.2 of this Agreement) shall occur and Executive terminates this Agreement for Good Reason or experiences an involuntary separation of service Separation From Service as defined in Code Section 409A (“Separation of From Service”) without Cause, then the provisions of Section 7 8 of this Agreement shall will apply.
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