Expiration of Term of Agreement Sample Clauses

Expiration of Term of Agreement. At the expiration of the term of this Agreement as defined in Paragraph 1 above, if the Agreement has not been previously terminated under Paragraph 6(a), (b), (c) or (d) of this Agreement, all duties and obligations of the parties under this Agreement, except those set out in Paragraphs 4, 5 and 6(f), when applicable, shall cease.
Expiration of Term of Agreement. If the Term expires and it is not extended by the parties, the Executive’s employment will terminate at the end of such term and the Executive will be entitled to Payment of the Accrued Obligations in accordance with the schedule described in Section 4(a).
Expiration of Term of Agreement. In the event Executive’s employment is terminated at the end of the Term, Executive shall receive an amount equal to Executive’s base salary, payable in accordance with the Company’s normal payroll practices over a period of twelve (12) months after such termination in accordance with Section 4(g).
Expiration of Term of Agreement. In the event that the Agreement expires at the end of the Term, Executive shall not be entitled to receive any compensation or benefits under this Agreement except for the Standard Termination Payments.
Expiration of Term of Agreement. The term of this Agreement shall expire upon a Change in Control. If the term of this Agreement expires upon a Change in Control and the Employee’s employment has not previously terminated, the Bank shall continue to be bound by, and shall cause any successor in interest to be bound by, the terms of this Section 11(a)(1) and Section 12 hereof.
Expiration of Term of Agreement. In the event that the Agreement expires at the end of the Term, Executive shall not be entitled to receive any compensation or benefits under this Agreement except for the Standard Termination Payments; provided, however, that (i) subject to Section 5.6 hereof, any unvested stock options comprising the Sign-On Option Award held by Executive upon the expiration of the Term will become fully vested and exercisable (provided that any stock options comprising the Sign-On Option Award will cease being exercisable upon the earlier of three (3) months after such expiration of the Term and the scheduled expiration date of such stock options), and in all other respects, all such stock options shall be governed by the plans and programs and the agreements and other documents pursuant to which such stock options were granted, (ii) subject to Section 5.6 hereof and except to the extent otherwise provided at the time of grant under the terms of any equity award made to Executive, 50% of any unvested stock options granted on or after the Effective Date and 50% of any unvested restricted stock units granted on or after the Effective Date held by Executive upon the expiration of the Term will become fully vested (and, in the case of any such stock options, exercisable) (provided that any stock options held by Executive will cease being exercisable upon the earlier of three (3) months after such expiration of the Term and the scheduled expiration date of such stock options), and (iii) subject to Section 5.6 hereof and except to the extent otherwise provided at the time of grant under the terms of any equity award made to Executive, 100% of any unvested stock options granted prior to the Effective Date and 100% of any unvested restricted stock units granted prior to the Effective Date will become fully vested (and, in the case of any such stock options, exercisable) (provided that any stock options held by Executive will cease being exercisable upon the earlier of three (3) months after such expiration of the Term and the scheduled expiration date of such stock options), and in all other respects, all stock options, restricted stock units and other equity-based awards held by Executive shall be governed by the plans and programs and the agreements and other documents pursuant to which the awards were granted; provided, however, that in the event such expiration of the Term occurs prior to the Compensation Committee’s determination as to the satisfaction of any performance c...
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Expiration of Term of Agreement. In the event that Executive’s employment is terminated at the end of the Term as a result of delivery of a notice of non-renewal by the Company (including, for the avoidance of doubt, in the event the Company exercises its right pursuant to the proviso in Section 1 to cause the expiration of the Term to occur on December 31, 2014), Executive shall not be entitled to receive any compensation or benefits under this Agreement except for the Standard Termination Payments; provided, however, that: (i) subject to Section 5.6, any unvested stock options and any unvested restricted stock units comprising the Sign-On Award held by Executive immediately prior to such termination will become fully vested (and, in the case of any such stock options, exercisable) (provided that any such stock options (together with any other vested stock options) held by Executive will cease being exercisable upon the earlier of ninety (90) days after such termination and the scheduled expiration date of such stock options), and, in all other respects, all stock options and restricted stock units held by Executive shall be governed by the plans and programs and the agreements and other documents pursuant to which the awards were granted; provided, however, if necessary to comply with Section 409A, settlement of any such equity-based awards shall be made on the date that is six (6) months plus one (1) day following expiration of the Term; and (ii) no later than March 15 following expiration of the Term, payment (without duplication) of an amount equal to the Incentive Compensation (if any) payable to Executive in respect of the year in which such Term expires.
Expiration of Term of Agreement. In the event Executive’s employment is terminated by the Company at the end of the Term, Executive shall receive the Standard Termination Payments and, subject to Section 5.6, full vesting of any unvested portion of the Sign-On Award; provided, that in all other respects, the Sign-On Award shall be governed by the terms and conditions of the applicable award agreement and notice and the Incentive Plan; provided, further, that if necessary to comply with Section 409A, settlement such portion of the Sign-On Award shall be made on the date that is six (6) months plus one (1) day following the date of the Executive’s termination of employment with the Company.
Expiration of Term of Agreement. Section 4(g) of the Agreement shall be deleted in its entirety and replaced with the following. If Executive’s employment with the Company and its affiliates is terminated by the Company at the end of the Term, Executive shall receive the Standard Termination Payments, and, provided Executive has, within 21 days of the date the Agreement expires, delivered to the Company, and not revoked, a release agreement as referred to in Section 4(l) of the Agreement:
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