Forfeiture of Payments. The Executive agrees that the receipt of severance compensation under Section 6(b) is conditioned upon the Executive’s compliance in all material respects with the covenants set forth in Section 9. The foregoing shall be in addition to any other remedies or rights the Bank may have at law or in equity as a result of the Executive’s failure to observe such provisions.
Appears in 7 contracts
Samples: Employment Agreement (Lake Shore Bancorp, Inc.), Employment Agreement (PCSB Financial Corp), Employment Agreement (Lake Shore Bancorp, Inc.)
Forfeiture of Payments. The Executive agrees that the receipt of severance compensation under Section 6(b) is conditioned upon the Executive’s compliance in all material respects with the covenants set forth in Section 9. The foregoing shall be in addition to any other remedies or rights the Bank Company may have at law or in equity as a result of the Executive’s failure to observe such provisions.
Appears in 5 contracts
Samples: Employment Agreement (PCSB Financial Corp), Employment Agreement (PCSB Financial Corp), Employment Agreement (PCSB Financial Corp)
Forfeiture of Payments. The Executive agrees that the receipt of severance compensation under Section 6(b) or Section 7 is conditioned upon the Executive’s compliance in all material respects with the covenants set forth in Section 9. The foregoing shall be in addition to any other remedies or rights the Bank Employer may have at law or in equity as a result of the Executive’s failure to observe such provisions.
Appears in 4 contracts
Samples: Employment Agreement (NSTS Bancorp, Inc.), Employment Agreement (NSTS Bancorp, Inc.), Employment Agreement (NSTS Bancorp, Inc.)
Forfeiture of Payments. The Executive agrees that the receipt of severance compensation Severance Benefits under Section 6(b) is conditioned upon the Executive’s compliance in all material respects with the covenants set forth obligations contained in Section 98. The foregoing provision shall be in addition to any other remedies or rights the Bank may have at law or in equity as a result of the Executive’s failure to observe comply with such provisionsobligations.
Appears in 2 contracts
Samples: Employment Agreement (NB Bancorp, Inc.), Employment Agreement (NB Bancorp, Inc.)
Forfeiture of Payments. The Executive agrees that the receipt of severance compensation under Section 6(b) is conditioned upon the Executive’s compliance in all material respects with the covenants set forth in Section 9. The foregoing shall be in addition to any other remedies or rights the Bank may have at law or in equity as a result of the Executive’s failure to observe such provisions.. {Clients/1511/00283599.DOCX/7 }
Appears in 1 contract
Forfeiture of Payments. The Executive agrees that the receipt of severance compensation under Section 6(b) is conditioned upon the Executive’s compliance in all material respects with the covenants set forth in Section 9. The foregoing shall be in addition to any other remedies or rights the Bank may have at law or in equity as a result of the Executive’s failure to observe such provisions.. {Clients/1511/00281647.DOCX/8 }
Appears in 1 contract
Forfeiture of Payments. The Executive agrees that the receipt of severance compensation under Section 6(b) is conditioned upon the Executive’s compliance in all material respects with the covenants set forth in Section 9. The foregoing shall be in addition to any other remedies or rights the Bank Company may have at law or in equity as a result of the Executive’s failure to observe such provisions.. {Clients/1511/00286761.DOCX/2 }
Appears in 1 contract
