Common use of Events Giving Right to Terminate for Good Reason Clause in Contracts

Events Giving Right to Terminate for Good Reason. If a public announcement of a transaction involving an actual or potential Change in Control occurs and, concurrently therewith or during a period of eighteen (18) months thereafter, an event constituting Good Reason also occurs with respect to the Employee, the Employee may terminate the Employee’s employment in accordance with the provisions of Section 2(b) and, thereupon, will become entitled to the payments described in Section 3. As used in this Agreement, the term “Good Reason” means any of the following events:

Appears in 4 contracts

Samples: Change in Control Agreement (Vist Financial Corp), Change in Control Agreement (Vist Financial Corp), Change in Control Agreement (Leesport Financial Corp)

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Events Giving Right to Terminate for Good Reason. If a public announcement of a transaction involving an actual or potential Change in Control occurs andoccurs, and concurrently therewith or during a period of eighteen twenty-four (1824) months thereafter, an event constituting Good Reason also occurs with respect to the EmployeeOfficer, the Employee he may terminate the Employee’s his employment in accordance with the provisions of Section 2(b5A(b) and, thereupon, will become entitled to the payments and benefits described in Section 3Sections 5A(e) and 5A(f). As used in this Agreement, the term “Good Reason” means any of the following events:

Appears in 2 contracts

Samples: Employment Agreement (Sovereign Bancorp Inc), Employment Agreement (Sovereign Bancorp Inc)

Events Giving Right to Terminate for Good Reason. If a public announcement of a transaction involving an actual or potential Change in Control occurs and, concurrently therewith or during a period of eighteen (18) months thereafter, an event constituting Good Reason also occurs with respect to the Employee, the Employee he/she may terminate the Employee’s his/her employment in accordance with the provisions of Section 2(b) and, thereupon, will become entitled to the payments described in Section 3. As used in this Agreement, the term “Good Reason” means any of the following events:

Appears in 1 contract

Samples: Change in Control Agreement (Peoples First Inc)

Events Giving Right to Terminate for Good Reason. If a public announcement of a transaction involving an actual or potential Change in Control occurs and, concurrently therewith or during a period of eighteen (18) months thereafter, an event constituting Good Reason also occurs with respect to the Employee, the Employee may terminate the Employee’s 's employment in accordance with the provisions of Section 2(b) and, thereupon, will become entitled to the payments described in Section 3. As used in this Agreement, the term "Good Reason" means any of the following events:

Appears in 1 contract

Samples: Change in Control Agreement (Leesport Financial Corp)

Events Giving Right to Terminate for Good Reason. If a public announcement of a transaction involving an actual or potential Change in Control occurs and, concurrently therewith or during a period of eighteen (18) months thereafter, an event constituting Good Reason also occurs with respect to the Employee, the Employee may terminate the Employee’s employment in accordance with the provisions of Section 2(b) and, thereupon, will become entitled to the payments described in Section 3. As used in this Agreement, the term “Good Reason” means any of the following events:the

Appears in 1 contract

Samples: Change in Control Agreement (Vist Financial Corp)

Events Giving Right to Terminate for Good Reason. If a public announcement of a transaction involving an actual or potential Change in Control occurs andoccurs, and concurrently therewith or during a period of eighteen (18) months thereafter, an event constituting Good Reason also occurs with respect to the EmployeeOfficer, the Employee he may terminate the Employee’s his employment in accordance with the provisions of Section 2(b5A(b) and, thereupon, will become entitled to the payments and benefits described in Section 3Sections 5A(e) and 5A(f). As used in this Agreement, the term “Good Reason” means any of the following events:

Appears in 1 contract

Samples: Employment Agreement (Sovereign Bancorp Inc)

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Events Giving Right to Terminate for Good Reason. If a public announcement of a transaction involving an actual or potential Change in Control occurs and, concurrently therewith or during a period of eighteen (18) months thereafter, an event constituting Good Reason also occurs with respect to the Employee, the Employee may terminate the Employee’s employment in accordance with the provisions of Section 2(b) and, thereupon, will become entitled to the payments described in Section 3. As used in this Agreement, the term “Good Reason” means any of the following events:become

Appears in 1 contract

Samples: Change in Control Agreement (Vist Financial Corp)

Events Giving Right to Terminate for Good Reason. If a public announcement of a transaction involving an actual or potential Change in Control occurs and, concurrently therewith or during a period of eighteen (18) months thereafter, an event constituting Good Reason also occurs with respect to the Employee, the Employee may terminate the Employee’s 's employment in accordance with the provisions of Section 2(b) and, thereupon, will become entitled to the payments described in Section 3. As used in this Agreement, the term “Good Reason” means any of the following events:in

Appears in 1 contract

Samples: Change in Control Agreement (Leesport Financial Corp)

Events Giving Right to Terminate for Good Reason. If a public announcement of a transaction involving an actual or potential Change in Control occurs and, concurrently therewith or during a period of eighteen (18) 18 months thereafter, an event constituting Good Reason also occurs with respect to the EmployeeExecutive, the Employee he/she may terminate the Employee’s his/her employment in accordance with the provisions of Section 2(b) and, thereupon, will become entitled to the payments described in Section 3. As used in this Agreement, the term “Good Reason” means any of the following events:

Appears in 1 contract

Samples: Change in Control Agreement (Sovereign Bancorp Inc)

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