Common use of Income Protection Benefits Clause in Contracts

Income Protection Benefits. If the Executive is an employee of the Bank or the Company when a Change in Control occurs, and the Executive’s employment is thereafter terminated without Cause either by the Bank or the Company, or by the Executive for Good Reason, or by any party because of the Executive’s death or Disability, then:

Appears in 9 contracts

Samples: Severance Compensation Agreement (Fentura Financial Inc), Severance Compensation Agreement (Fentura Financial Inc), Severance Compensation Agreement (Fentura Financial Inc)

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Income Protection Benefits. If the Executive is an employee of the Bank or the Company when a Change in Control occurs, and the Executive’s employment with the Bank, the Company and all affiliates of the Company is thereafter terminated without Cause either by the Bank or the CompanyCause, or by the Executive for Good Reason, or by any party because of the Executive’s death or Disability, then:

Appears in 6 contracts

Samples: Severance Compensation Agreement (Fentura Financial Inc), Severance Compensation Agreement (Fentura Financial Inc), Severance Compensation Agreement (Fentura Financial Inc)

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Income Protection Benefits. If the Executive is an employee of the Bank or the Company when a Change in Control occurs, and the Executive’s 's employment is thereafter terminated without Cause either by the Bank or the Company, or by the Executive for Good Reason, or by any party because of the Executive’s 's death or Disability, then:

Appears in 1 contract

Samples: Severance Compensation Agreement (Fentura Bancorp Inc)

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