Common use of Change in Control of the Company Clause in Contracts

Change in Control of the Company. This Agreement will terminate in the event there is a change in control of the Company, and the Management Continuity Agreement, dated November 21, 2000, as it may hereafter be amended, between the Company and the Officer will become effective and any termination benefits will be determined and paid solely pursuant to such Management Continuity Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Union Bankshares Corp), Employment Agreement (Union Bankshares Corp), Employment Agreement (Union Bankshares Corp)

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Change in Control of the Company. This Agreement will terminate in the event there is a change in control of the Company, and the Management Continuity Change in Control Agreement, dated November 21September 27, 20002005, as it may hereafter be amended, between the Company and the Officer will become effective and any termination benefits will be determined and paid solely pursuant to such Management Continuity Change in Control Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Monarch Financial Holdings, Inc.), Employment Agreement (Monarch Financial Holdings, Inc.), Employment Agreement (Monarch Financial Holdings, Inc.)

Change in Control of the Company. This Agreement will terminate in the event there is a change in control of the Company, and the Management Continuity Agreement, dated November 211, 20002003, as it may hereafter be amended, between the Company and the Officer will become effective and any termination benefits will be determined and paid solely pursuant to such Management Continuity Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Union Bankshares Corp), Employment Agreement (Union Bankshares Corp), Employment Agreement (Union Bankshares Corp)

Change in Control of the Company. This Agreement will terminate in the event there is a change in control of the Company, and the Management Continuity Agreement, dated November 21October 24, 20002011, as it may hereafter be amended, between the Company and the Officer will become effective and any termination or other benefits will be determined and paid solely pursuant to such Management Continuity Agreement.

Appears in 1 contract

Samples: Employment Agreement (Union First Market Bankshares Corp)

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Change in Control of the Company. This Agreement will terminate in the event there is a change Change in control Control of the Company, and the Management Continuity Agreement, dated November 21, 2000, as it may hereafter be amended, between the Company and the Officer will become effective and any termination benefits will be determined and paid solely pursuant to such Management Continuity Agreement.

Appears in 1 contract

Samples: Employment Agreement (Union First Market Bankshares Corp)

Change in Control of the Company. This Agreement will terminate in the event there is a change in control of the Company, and the Management Continuity Change in Control Agreement, dated November 21October 22, 2000, 1996 and as it may hereafter be amended, between the Company and the Officer Executive will become effective and any termination benefits will be determined and paid solely pursuant to such Management Continuity Change in Control Agreement.

Appears in 1 contract

Samples: Employment Agreement (Union Bankshares Corp)

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