Common use of Compensation upon Termination for a Change in Control Event Clause in Contracts

Compensation upon Termination for a Change in Control Event. If the Officer’s employment is terminated by the Bank in accordance with Section 3(a)(iii) or the Officer terminates his employment pursuant to Section 3(b)(iii) hereof, then:

Appears in 2 contracts

Samples: Merger Agreement (Shore Financial Corp), Employment Agreement (Hampton Roads Bankshares Inc)

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Compensation upon Termination for a Change in Control Event. If the Officer’s employment is terminated by the Bank Employer in accordance with Section 3(a)(iii) or the Officer terminates his employment pursuant to Section 3(b)(iii) hereof, then:

Appears in 1 contract

Samples: Employment Agreement (Hampton Roads Bankshares Inc)

Compensation upon Termination for a Change in Control Event. If the Officer’s employment is terminated by the Bank Rank in accordance with Section 3(a)(iii) or the Officer terminates his or her employment pursuant to Section 3(b)(iii3(b)(ii) hereof, then:

Appears in 1 contract

Samples: Employment Agreement (Hampton Roads Bankshares Inc)

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Compensation upon Termination for a Change in Control Event. If the Officer’s employment is terminated by the Bank in accordance with Section 3(a)(iii) or the Officer terminates his employment pursuant to Section 3(b)(iii) hereof, then:

Appears in 1 contract

Samples: Employment Agreement (Hampton Roads Bankshares Inc)

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