Consequences of Termination of Employment. Except for post-employment obligations concerning continuation compensation, disability benefits, non-competition, and confidentiality, upon termination of Xx. Xxxxxx'x employment for any reason, this Contract shall terminate, Xx. Xxxxxx shall cease all activity on behalf of Advantage and its affiliates, Xx. Xxxxxx shall automatically, without further action by either party, be discharged from all offices of Advantage and all offices of affiliates of Advantage held by Xx. Xxxxxx, Xx. Xxxxxx shall confirm his discharge by resigning from all offices of Advantage and its affiliates, Xx. Xxxxxx shall resign from all boards of Advantage and the affiliates of Advantage, and Xx. Xxxxxx shall resign from all employment by Advantage and affiliates of Advantage. Xx. Xxxxxx agrees that provisions of this Subsection related to resignation are reasonable and that remedies at law would be inadequate for a breach of the provisions of this Subsection related to resignation. For these reasons, Advantage may enforce the obligations of Xx. Xxxxxx under this Subsection by injunctive relief, including a temporary restraining order, a preliminary injunction, and a permanent injunction and by an award for fees, costs, and expenses incurred by Advantage to enforce this Subsection, including (but not limited to) attorneys' fees, costs and expenses, and other expenses incurred to enforce this Subsection. Upon termination of this Contract with Advantage for any reason, Xx. Xxxxxx shall promptly deliver to Advantage all physical property of Advantage under his possession, custody or control, including (but not limited to), keys, plans, designs, computer programs, computer lists, prospect lists, records, letters, notes, reports, financial information, and all other materials relating to Advantage, its subsidiaries and its affiliates, their businesses, or their clients and customers.
Appears in 1 contract
Samples: Executive Employment Contract (Commercial Bancshares Inc \Oh\)
Consequences of Termination of Employment. Except for post-employment obligations under this subsection and post-employment obligations concerning continuation continuing compensation, disability benefits, non-competition, and confidentiality, upon termination of XxMx. Xxxxxx'x Xxxx’x employment for any reason, [i] this Contract shall terminate, Xx; [ii] Mx. Xxxxxx Xxxx’x employment shall terminate for all affiliates of CBS; [iii] Mx. Xxxx shall cease all activity on behalf of Advantage CBS and its affiliates, Xx; [iv] Mx. Xxxxxx Xxxx shall automatically, without further action by either party, be discharged from all directorships and offices of Advantage CBS and all directorships and offices of affiliates of Advantage CBS held by XxMx. Xxxxxx, XxXxxx; and [v] Mx. Xxxxxx Xxxx shall confirm his discharge by resigning from promptly deliver to CBS all offices property and all copies of Advantage and its affiliates, Xx. Xxxxxx shall resign from all boards property (regardless of Advantage and the affiliates of Advantageform, and Xx. Xxxxxx shall resign from all employment by Advantage and affiliates of Advantage. Xx. Xxxxxx agrees that provisions of this Subsection related to resignation are reasonable and that remedies at law would be inadequate for a breach of the provisions of this Subsection related to resignation. For these reasons, Advantage may enforce the obligations of Xx. Xxxxxx under this Subsection by injunctive relief, including a temporary restraining order, a preliminary injunction, and a permanent injunction and by an award for fees, costs, and expenses incurred by Advantage to enforce this Subsection, including (but not limited to) attorneys' feesall documents, costs memoranda, records, specifications, electronic and expenses, digital media and other expenses incurred to enforce this Subsection. Upon termination writings and materials) of this Contract with Advantage for any reason, Xx. Xxxxxx shall promptly deliver to Advantage CBS and all physical property affiliates of Advantage CBS under his possession, custody or control, including (but not limited to), ) keys, plans, designs, computer programs, computer lists, prospect lists, records, letters, notes, reports, financial information, and all other materials relating to AdvantageCBS, its subsidiaries and its affiliates, their businesses, or their clients and customers. Mx. Xxxx agrees that provisions of this subsection related to resignation are reasonable and that remedies at law would be inadequate for a breach of the provisions of this subsection. For these reasons, CBS may enforce the obligations of Mx. Xxxx under this subsection by injunctive relief, including a temporary restraining order, a preliminary injunction, and a permanent injunction and by an award for fees, costs, and expenses incurred by CBS to enforce this subsection, including (but not limited to) attorneys’ fees, costs and expenses, and other expenses incurred to enforce this subsection.
Appears in 1 contract
Samples: Executive Employment Contract (Commercial Bancshares Inc \Oh\)
Consequences of Termination of Employment. Except for post-employment obligations under this subsection and post-employment obligations concerning continuation compensation, disability benefitsContinuing Compensation, non-competition, and confidentiality, upon termination of Xx. Xxxxxx'x Mr. Beach’s employment for any reason, [i] this Contract shall terminate, Xx. Xxxxxx ; [ii] Mr. Beach’s employment shall terminate for all affiliates of CBS; [iii] Mr. Beach shall cease all activity on behalf of Advantage CBS and its affiliates, Xx. Xxxxxx ; [iv] Mr. Beach shall automatically, without further action by either party, be discharged or shall resign from all directorships and offices of Advantage CBS and the Bank and all directorships and offices of affiliates of Advantage CBS held by Xx. Xxxxxx, Xx. Xxxxxx Mr. Beach; and [v] Mr. Beach shall confirm his discharge by resigning from promptly deliver to CBS all offices property and all copies of Advantage and its affiliates, Xx. Xxxxxx shall resign from all boards property (regardless of Advantage and the affiliates of Advantageform, and Xx. Xxxxxx shall resign from all employment by Advantage and affiliates of Advantage. Xx. Xxxxxx agrees that provisions of this Subsection related to resignation are reasonable and that remedies at law would be inadequate for a breach of the provisions of this Subsection related to resignation. For these reasons, Advantage may enforce the obligations of Xx. Xxxxxx under this Subsection by injunctive relief, including a temporary restraining order, a preliminary injunction, and a permanent injunction and by an award for fees, costs, and expenses incurred by Advantage to enforce this Subsection, including (but not limited to) attorneys' feesall documents, costs memoranda, records, specifications, electronic and expenses, digital media and other expenses incurred to enforce this Subsection. Upon termination writings and materials) of this Contract with Advantage for any reason, Xx. Xxxxxx shall promptly deliver to Advantage CBS and all physical property affiliates of Advantage CBS under his possession, custody or control, including (but not limited to), ) keys, plans, designs, computer programs, computer lists, prospect lists, records, letters, notes, reports, financial information, and all other materials relating to AdvantageCBS, its subsidiaries and its affiliates, their businesses, or their clients and customers. Mr. Beach agrees that provisions of this subsection related to resignation are reasonable and that remedies at law would be inadequate for a breach of the provisions of this subsection. For these reasons, CBS may enforce the obligations of Mr. Beach under this subsection by injunctive relief, including a temporary restraining order, a preliminary injunction, and a permanent injunction and by an award for fees, costs, and expenses incurred by CBS to enforce this subsection, including (but not limited to) attorneys’ fees, costs and expenses, and other expenses incurred to enforce this subsection.
Appears in 1 contract
Samples: Executive Employment Contract (Commercial Bancshares Inc \Oh\)
Consequences of Termination of Employment. Except for post-employment obligations under this subsection and post-employment obligations concerning continuation compensation, disability benefitsContinuing Compensation, non-competition, and confidentiality, upon termination of XxMx. Xxxxxx'x Xxxxxx’x employment for any reason, [i] this Contract shall terminate, Xx; [ii] Mx. Xxxxxx’x employment shall terminate for all affiliates of CBS; [iii] Mx. Xxxxxx shall cease all activity on behalf of Advantage CBS and its affiliates, Xx; [iv] Mx. Xxxxxx shall automatically, without further action by either party, be discharged or shall resign from all directorships and offices of Advantage CBS and the Bank and all directorships and offices of affiliates of Advantage CBS held by XxMx. Xxxxxx, Xx; and [v] Mx. Xxxxxx shall confirm his discharge by resigning from promptly deliver to CBS all offices property and all copies of Advantage and its affiliates, Xx. Xxxxxx shall resign from all boards property (regardless of Advantage and the affiliates of Advantageform, and Xx. Xxxxxx shall resign from all employment by Advantage and affiliates of Advantage. Xx. Xxxxxx agrees that provisions of this Subsection related to resignation are reasonable and that remedies at law would be inadequate for a breach of the provisions of this Subsection related to resignation. For these reasons, Advantage may enforce the obligations of Xx. Xxxxxx under this Subsection by injunctive relief, including a temporary restraining order, a preliminary injunction, and a permanent injunction and by an award for fees, costs, and expenses incurred by Advantage to enforce this Subsection, including (but not limited to) attorneys' feesall documents, costs memoranda, records, specifications, electronic and expenses, digital media and other expenses incurred to enforce this Subsection. Upon termination writings and materials) of this Contract with Advantage for any reason, Xx. Xxxxxx shall promptly deliver to Advantage CBS and all physical property affiliates of Advantage CBS under his possession, custody or control, including (but not limited to), ) keys, plans, designs, computer programs, computer lists, prospect lists, records, letters, notes, reports, financial information, and all other materials relating to AdvantageCBS, its subsidiaries and its affiliates, their businesses, or their clients and customers. Mx. Xxxxxx agrees that provisions of this subsection related to resignation are reasonable and that remedies at law would be inadequate for a breach of the provisions of this subsection. For these reasons, CBS may enforce the obligations of Mx. Xxxxxx under this subsection by injunctive relief, including a temporary restraining order, a preliminary injunction, and a permanent injunction and by an award for fees, costs, and expenses incurred by CBS to enforce this subsection, including (but not limited to) attorneys’ fees, costs and expenses, and other expenses incurred to enforce this subsection.
Appears in 1 contract
Samples: Executive Employment Contract (Commercial Bancshares Inc \Oh\)
Consequences of Termination of Employment. Except for post-employment obligations under this subsection and post-employment obligations concerning continuation continuing compensation, disability benefits, non-competition, and confidentiality, upon termination of Xx. Xxxxxx'x Mr. Beach’s employment for any reason, [i] this Contract shall terminate, Xx. Xxxxxx ; [ii] Mr. Beach’s employment shall terminate for all affiliates of CBS; [iii] Mr. Beach shall cease all activity on behalf of Advantage CBS and its affiliates, Xx. Xxxxxx ; [iv] Mr. Beach shall automatically, without further action by either party, be discharged or shall resign from all directorships and offices of Advantage CBS and all directorships and offices of affiliates of Advantage CBS held by Xx. Xxxxxx, Xx. Xxxxxx Mr. Beach; and [v] Mr. Beach shall confirm his discharge by resigning from promptly deliver to CBS all offices property and all copies of Advantage and its affiliates, Xx. Xxxxxx shall resign from all boards property (regardless of Advantage and the affiliates of Advantageform, and Xx. Xxxxxx shall resign from all employment by Advantage and affiliates of Advantage. Xx. Xxxxxx agrees that provisions of this Subsection related to resignation are reasonable and that remedies at law would be inadequate for a breach of the provisions of this Subsection related to resignation. For these reasons, Advantage may enforce the obligations of Xx. Xxxxxx under this Subsection by injunctive relief, including a temporary restraining order, a preliminary injunction, and a permanent injunction and by an award for fees, costs, and expenses incurred by Advantage to enforce this Subsection, including (but not limited to) attorneys' feesall documents, costs memoranda, records, specifications, electronic and expenses, digital media and other expenses incurred to enforce this Subsection. Upon termination writings and materials) of this Contract with Advantage for any reason, Xx. Xxxxxx shall promptly deliver to Advantage CBS and all physical property affiliates of Advantage CBS under his possession, custody or control, including (but not limited to), ) keys, plans, designs, computer programs, computer lists, prospect lists, records, letters, notes, reports, financial information, and all other materials relating to AdvantageCBS, its subsidiaries and its affiliates, their businesses, or their clients and customers. Mr. Beach agrees that provisions of this subsection related to resignation are reasonable and that remedies at law would be inadequate for a breach of the provisions of this subsection. For these reasons, CBS may enforce the obligations of Mr. Beach under this subsection by injunctive relief, including a temporary restraining order, a preliminary injunction, and a permanent injunction and by an award for fees, costs, and expenses incurred by CBS to enforce this subsection, including (but not limited to) attorneys’ fees, costs and expenses, and other expenses incurred to enforce this subsection.
Appears in 1 contract
Samples: Executive Employment Contract (Commercial Bancshares Inc \Oh\)
Consequences of Termination of Employment. Except for post-employment obligations under this subsection and post-employment obligations concerning continuation continuing compensation, disability benefits, non-competition, and confidentiality, upon termination of XxMx. Xxxxxx'x Xxxxxx’x employment for any reason, [i] this Contract shall terminate, Xx; [ii] Mx. Xxxxxx’x employment shall terminate for all affiliates of CSB; [iii] Mx. Xxxxxx shall cease all activity on behalf of Advantage CSB and its affiliates, Xx; [iv] Mx. Xxxxxx shall automatically, without further action by either party, be discharged or shall resign from all directorships and offices of Advantage CSB and all directorships and offices of affiliates of Advantage CSB held by XxMx. Xxxxxx, Xx; and [v] Mx. Xxxxxx shall confirm his discharge by resigning from promptly deliver to CSB all offices property and all copies of Advantage and its affiliates, Xx. Xxxxxx shall resign from all boards property (regardless of Advantage and the affiliates of Advantageform, and Xx. Xxxxxx shall resign from all employment by Advantage and affiliates of Advantage. Xx. Xxxxxx agrees that provisions of this Subsection related to resignation are reasonable and that remedies at law would be inadequate for a breach of the provisions of this Subsection related to resignation. For these reasons, Advantage may enforce the obligations of Xx. Xxxxxx under this Subsection by injunctive relief, including a temporary restraining order, a preliminary injunction, and a permanent injunction and by an award for fees, costs, and expenses incurred by Advantage to enforce this Subsection, including (but not limited to) attorneys' feesall documents, costs memoranda, records, specifications, electronic and expenses, digital media and other expenses incurred to enforce this Subsection. Upon termination writings and materials) of this Contract with Advantage for any reason, Xx. Xxxxxx shall promptly deliver to Advantage CSB and all physical property affiliates of Advantage CSB under his possession, custody or control, including (but not limited to), ) keys, plans, designs, computer programs, computer lists, prospect lists, records, letters, notes, reports, financial information, and all other materials relating to AdvantageCSB, its subsidiaries and its affiliates, their businesses, or their clients and customers. Mx. Xxxxxx agrees that provisions of this subsection related to resignation are reasonable and that remedies at law would be inadequate for a breach of the provisions of this subsection. For these reasons, CSB may enforce the obligations of Mx. Xxxxxx under this subsection by injunctive relief, including a temporary restraining order, a preliminary injunction, and a permanent injunction and by an award for fees, costs, and expenses incurred by CSB to enforce this subsection, including (but not limited to) attorneys’ fees, costs and expenses, and other expenses incurred to enforce this subsection.
Appears in 1 contract
Samples: Executive Employment Contract (Commercial Bancshares Inc \Oh\)
Consequences of Termination of Employment. Except for post-employment obligations under this subsection and post-employment obligations concerning continuation compensation, disability benefitsContinuing Compensation, non-competition, and confidentiality, upon termination of Xx. Xxxxxx'x Xxxx’x employment for any reason, [i] this Contract shall terminate, ; [ii] Xx. Xxxxxx Xxxx’x employment shall terminate for all affiliates of CBS; [iii] Xx. Xxxx shall cease all activity on behalf of Advantage CBS and its affiliates, ; [iv] Xx. Xxxxxx Xxxx shall automatically, without further action by either party, be discharged or shall resign from all directorships and offices of Advantage CBS and the Bank and all directorships and offices of affiliates of Advantage CBS held by Xx. Xxxxxx, Xxxx; and [v] Xx. Xxxxxx Xxxx shall confirm his discharge by resigning from promptly deliver to CBS all offices property and all copies of Advantage and its affiliates, Xx. Xxxxxx shall resign from all boards property (regardless of Advantage and the affiliates of Advantageform, and Xx. Xxxxxx shall resign from all employment by Advantage and affiliates of Advantage. Xx. Xxxxxx agrees that provisions of this Subsection related to resignation are reasonable and that remedies at law would be inadequate for a breach of the provisions of this Subsection related to resignation. For these reasons, Advantage may enforce the obligations of Xx. Xxxxxx under this Subsection by injunctive relief, including a temporary restraining order, a preliminary injunction, and a permanent injunction and by an award for fees, costs, and expenses incurred by Advantage to enforce this Subsection, including (but not limited to) attorneys' feesall documents, costs memoranda, records, specifications, electronic and expenses, digital media and other expenses incurred to enforce this Subsection. Upon termination writings and materials) of this Contract with Advantage for any reason, Xx. Xxxxxx shall promptly deliver to Advantage CBS and all physical property affiliates of Advantage CBS under his possession, custody or control, including (but not limited to), ) keys, plans, designs, computer programs, computer lists, prospect lists, records, letters, notes, reports, financial information, and all other materials relating to AdvantageCBS, its subsidiaries and its affiliates, their businesses, or their clients and customers. Xx. Xxxx agrees that provisions of this subsection related to resignation are reasonable and that remedies at law would be inadequate for a breach of the provisions of this subsection. For these reasons, CBS may enforce the obligations of Xx. Xxxx under this subsection by injunctive relief, including a temporary restraining order, a preliminary injunction, and a permanent injunction and by an award for fees, costs, and expenses incurred by CBS to enforce this subsection, including (but not limited to) attorneys’ fees, costs and expenses, and other expenses incurred to enforce this subsection.
Appears in 1 contract
Samples: Executive Employment Contract (Commercial Bancshares Inc \Oh\)