Common use of Change in Control Payments and Benefits Clause in Contracts

Change in Control Payments and Benefits. Notwithstanding any other provision in this Agreement, if your employment is terminated by you for Good Reason or by the Company on account of its failure to renew the Agreement in accordance with Section 2 or without Cause (other than on account of your death or Incapacity), in each case within twenty four (24) months following a Change in Control, you shall be entitled to receive the following payments and benefits, provided you sign a Release and it becomes effective.

Appears in 6 contracts

Samples: Employment Agreement (American National Bankshares Inc.), Employment Agreement (American National Bankshares Inc.), Employment Agreement (American National Bankshares Inc.)

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Change in Control Payments and Benefits. Notwithstanding any other provision in this Agreement, if your employment is terminated by you for Good Reason or by the Company on account of its failure to renew the Agreement in accordance with Section 2 or without Cause (other than on account of your death or Incapacity), in each case within twenty twenty-four (24) months following a Change in Control, you shall be entitled to receive the following payments and benefitsAccrued Amounts and, provided you sign a Release and it becomes effective.effective not later than the 30th day following the date your employment terminates, the following payments and benefits:

Appears in 3 contracts

Samples: Employment Agreement (American National Bankshares Inc.), Employment Agreement (American National Bankshares Inc.), Employment Agreement (American National Bankshares Inc.)

Change in Control Payments and Benefits. Notwithstanding any other provision in this Agreement, if your employment is terminated by you for Good Reason or by the Company on account of its failure to renew the Agreement in accordance with Section 2 or without Cause (other than on account of your death or Incapacity), in each case within twenty four thirty-six (2436) months following a Change in Control, you shall be entitled to receive the following payments and benefits, provided you sign a Release and it becomes effective.:

Appears in 3 contracts

Samples: Employment Agreement (Fauquier Bankshares, Inc.), Employment Agreement (Fauquier Bankshares, Inc.), Employment Agreement (Fauquier Bankshares, Inc.)

Change in Control Payments and Benefits. Notwithstanding any other provision in this Agreement, if your employment is terminated by you for Good Reason or by the Company Bank on account of its failure to renew the Agreement in accordance with Section 2 or without Cause (other than on account of your death or Incapacity), in each case within twenty twenty-four (24) months following a Change in Control, you shall be entitled to receive the following payments and benefitsAccrued Amounts and, provided you sign a Release and it becomes effective.effective not later than the 30th day following the date your employment terminates, the following payments and benefits:

Appears in 3 contracts

Samples: Employment Agreement (American National Bankshares Inc.), Employment Agreement (American National Bankshares Inc.), Employment Agreement (American National Bankshares Inc.)

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Change in Control Payments and Benefits. Notwithstanding any other provision in this Agreement, if your employment is terminated by you for Good Reason or by the Company Bank on account of its failure to renew the Agreement in accordance with Section 2 or without Cause (other than on account of your death or Incapacity), in each case within twenty four (24) months following a Change in Control, you shall be entitled to receive the following payments and benefits, provided you sign a Release and it becomes effective.

Appears in 2 contracts

Samples: Employment Agreement (American National Bankshares Inc.), Employment Agreement (American National Bankshares Inc.)

Change in Control Payments and Benefits. Notwithstanding any other provision in this Agreement, if your employment is terminated by you for Good Reason or by the Company on account of its failure to renew the Agreement in accordance with Section 2 or without Cause (other than on account of your death or Incapacity), in each case within twenty four (24) months following a Change in Control, you shall be entitled to receive the following payments and benefits, provided you sign a Release and it becomes effectiveeffective within thirty (30) days of the date of termination.

Appears in 1 contract

Samples: Employment Agreement (American National Bankshares Inc.)

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