Common use of Good Reason-Change in Control Clause in Contracts

Good Reason-Change in Control. Other than for Cause Before or After a Change in Control. If Employee terminates this Agreement with Good Reason-Change in Control pursuant to Section 6.2(a) hereof, or if the Bank terminates this Agreement without Cause before or after the occurrence of a Change in Control pursuant to Section 6.2(a) hereof, the Bank shall pay to Employee cash in one lump sum within thirty (30) days after the date of termination the aggregate of the following amounts (the "Change in Control-Lump Sum Payment"):

Appears in 11 contracts

Samples: Employment Agreement (Guaranty Bancshares Inc /Tx/), Employment Agreement (First United Bancshares Inc /Ar/), Employment Agreement (Guaranty Bancshares Inc /Tx/)

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