Common use of Employment Period Clause in Contracts

Employment Period. The Company and/or the Bank (as applicable) hereby agrees to continue the Executive in its employ, subject to the terms and conditions of this Agreement, for the period commencing on the Effective Date and ending on the third anniversary of the Effective Date (the “Employment Period”). The Employment Period shall terminate upon the Executive’s termination of employment for any reason.

Appears in 23 contracts

Samples: Change of Control Employment Agreement (Cathay General Bancorp), Change of Control Employment Agreement (Cathay General Bancorp), Change of Control Employment Agreement (Cathay General Bancorp)

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Employment Period. The Company and/or the Bank (Bank, as applicable) , hereby agrees to continue the Executive in its employ, subject to the terms and conditions of this Agreement, for the period commencing on the Effective Date and ending on the third second anniversary of the Effective Date (the “Employment Period”). The Employment Period shall terminate upon the Executive’s termination of employment for any reason.

Appears in 6 contracts

Samples: Control Continuity Agreement (Sun Bancorp Inc /Nj/), Control Continuity Agreement (Sun Bancorp Inc /Nj/), Control Continuity Agreement (Sun Bancorp Inc /Nj/)

Employment Period. The Company and/or the Bank (Bank, as applicable) , hereby agrees to continue the Executive in its employ, subject to the terms and conditions of this Agreement, for the period commencing on the Effective Date and ending on the third second anniversary of the Effective Date (the "Employment Period"). The Employment Period shall terminate upon the Executive’s 's termination of employment for any reason.

Appears in 4 contracts

Samples: Change in Control Continuity Agreement (Sun Bancorp Inc /Nj/), Change in Control Continuity Agreement (Sun Bancorp Inc /Nj/), Change in Control Continuity Agreement (Sun Bancorp Inc /Nj/)

Employment Period. The Company and/or the Bank (as applicable) hereby agrees to continue the Executive in its employ, subject to the terms and conditions of this Agreement, for the period commencing on the Effective Date and ending on the third second anniversary of the Effective Date (the “Employment Period”). The Employment Period shall terminate upon the Executive’s termination of employment for any reason.

Appears in 3 contracts

Samples: Employment Agreement (Cathay General Bancorp), Change of Control Employment Agreement (Cathay General Bancorp), Employment Agreement (Cathay General Bancorp)

Employment Period. The Bank and the Company and/or the Bank (as applicable) hereby agrees agree to continue the Executive in its employ, subject to the terms and conditions of this Agreement, for the period commencing on the Effective Date and ending on the third anniversary of the Effective Date (the “Employment Period”). The Employment Period shall terminate upon the Executive’s termination of employment for any reason.

Appears in 3 contracts

Samples: Employment Agreement (Suffolk Bancorp), Change of Control Employment Agreement (Suffolk Bancorp), Change of Control Agreement (Suffolk Bancorp)

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Employment Period. The Bank and the Company and/or the Bank (as applicable) hereby agrees agree to continue the Executive in its employ, subject to the terms and conditions of this Agreement, for the period commencing on the Effective Date and ending on the third second anniversary of the Effective Date (the “Employment Period”). The Employment Period shall terminate upon the Executive’s termination of employment for any reason.

Appears in 2 contracts

Samples: Control Employment Agreement (Suffolk Bancorp), Employment Agreement (Suffolk Bancorp)

Employment Period. The Bank and the Company and/or the Bank (as applicable) hereby agrees agree to continue the Executive in its employ, subject to the terms and conditions of this Agreement, for the period commencing on the Effective Date and ending on the third [third] [second] [first] anniversary of the Effective Date (the “Employment Period”). The Employment Period shall terminate upon the Executive’s termination of employment for any reason.

Appears in 1 contract

Samples: Control Employment Agreement (Suffolk Bancorp)

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