Common use of No Effect on Employee Benefit Plans or Programs Clause in Contracts

No Effect on Employee Benefit Plans or Programs. The termination of the Executive’s employment during the Employment Period or thereafter, whether by the Employers or by the Executive, shall have no effect on the vested rights of the Executive under the Company’s or the Bank’s qualified or non-qualified retirement, pension, savings, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans, or other employee benefit plans or programs, or compensation plans or programs in which the Executive was a participant.

Appears in 17 contracts

Samples: Employment Agreement (Newalliance Bancshares Inc), Employment Agreement (Newalliance Bancshares Inc), Employment Agreement (Newalliance Bancshares Inc)

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No Effect on Employee Benefit Plans or Programs. The termination of the Executive’s employment during the Employment Period or thereafter, whether by the Employers Employer or by the Executive, shall have no effect on the vested rights of the Executive under the Company’s or the Bank’s qualified or non-qualified retirement, pension, savings, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans, or other employee benefit plans or programs, or compensation plans or programs in which the Executive was a participant.

Appears in 16 contracts

Samples: Employment Agreement (Newalliance Bancshares Inc), Employment Agreement (Newalliance Bancshares Inc), Employment Agreement (Newalliance Bancshares Inc)

No Effect on Employee Benefit Plans or Programs. The termination of the Executive’s 's employment during the Employment Period or thereafter, whether by the Employers Employer or by the Executive, shall have no effect on the vested rights of the Executive under the Company’s 's or the Bank’s qualified or non-qualified retirement, pension, savings, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans, or other employee benefit plans or programs, or compensation plans or programs in which the Executive was a participant.

Appears in 7 contracts

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

No Effect on Employee Benefit Plans or Programs. The termination of the Executive’s employment during the Employment Period or thereafter, whether by the Employers Employer or by the Executive, shall have no effect on the vested rights of the Executive under the Company’s or the Bank’s qualified or non-qualified retirement, pension, savings, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans, or other employee benefit plans or programs, or compensation plans or programs in which the Executive was a participant.

Appears in 6 contracts

Samples: Employment Agreement (KNBT Bancorp Inc), Employment Agreement (Newalliance Bancshares Inc), Employment Agreement (Newalliance Bancshares Inc)

No Effect on Employee Benefit Plans or Programs. The termination of the Executive’s 's employment during the Employment Period or thereafter, whether by the Employers or by the Executive, shall have no effect on the vested rights of the Executive under the Company’s 's or the Bank’s 's qualified or non-qualified retirement, pension, savings, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans, or other employee benefit plans or programs, or compensation plans or programs in which the Executive was a participant.

Appears in 5 contracts

Samples: Employment Agreement (Newalliance Bancshares Inc), Employment Agreement (Newalliance Bancshares Inc), Employment Agreement (Newalliance Bancshares Inc)

No Effect on Employee Benefit Plans or Programs. The termination of the Executive’s 's employment during the Employment Period or thereafter, whether by the Employers Employer or by the Executive, shall have no effect on the vested rights of the Executive under the Company’s or the Bank’s 's qualified or non-qualified retirement, pension, savings, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans, or other employee benefit plans or programs, or compensation plans or programs in which the Executive was a participant.

Appears in 4 contracts

Samples: Employment Agreement (Newalliance Bancshares Inc), Employment Agreement (Newalliance Bancshares Inc), Employment Agreement (Newalliance Bancshares Inc)

No Effect on Employee Benefit Plans or Programs. The termination of the Executive’s employment during the Employment Period or thereafter, whether by the Employers or by the Executive, shall have no effect on the vested rights of the Executive under the Company’s or the Bank’s qualified or non-qualified retirement, pension, savings, thrift, profit-sharing ESOP or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans, or other employee benefit plans or programs, or compensation plans or programs in which the Executive was a participant.

Appears in 3 contracts

Samples: Employment Agreement (Newalliance Bancshares Inc), Employment Agreement (Newalliance Bancshares Inc), Employment Agreement (Newalliance Bancshares Inc)

No Effect on Employee Benefit Plans or Programs. The termination of the Executive’s employment during the Employment Period or thereafter, whether by the Employers Employer or by the Executive, shall have no effect on the vested rights of the Executive under the Company’s or the Bank’s qualified or non-qualified retirement, pension, savings, thrift, profit-sharing ESOP or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans, or other employee benefit plans or programs, or compensation plans or programs in which the Executive was a participant.

Appears in 2 contracts

Samples: Employment Agreement (Newalliance Bancshares Inc), Employment Agreement (Newalliance Bancshares Inc)

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No Effect on Employee Benefit Plans or Programs. The termination of the Executive’s employment during the Employment Period or thereafteremployment, whether by the Employers Executive or by the ExecutiveCompany, shall have no effect on the vested rights of the Executive under the Company’s or the Bank’s qualified or non-qualified retirement, pension, savings, thrift, profitsavings or stock-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans, or other employee benefit plans or programs, or compensation plans or programs in which the Executive was a participant.

Appears in 1 contract

Samples: Employment Agreement (Ezenia Inc)

No Effect on Employee Benefit Plans or Programs. The termination of the Executive’s 's employment during the Employment Period or thereafter, whether by the Employers Company or by the Executive, shall have no effect on the vested rights of the Executive under the Company’s 's or the Bank’s 's qualified or non-qualified retirement, pension, savings, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans, ESOP Supplemental Retirement Plan, 401(k) Supplemental Retirement Plan or other employee benefit plans or programs, or compensation plans or programs in which the Executive was a participant.

Appears in 1 contract

Samples: Employment Agreement (Tierone Corp)

No Effect on Employee Benefit Plans or Programs. The termination of the Executive’s 's employment during the Employment Period or thereafter, whether by the Employers or by the Executive, shall have no effect on the vested rights of the Executive under the Company’s 's or the Bank’s 's qualified or non-qualified non‑qualified retirement, pension, savings, thrift, profit-sharing profit‑sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans, or other employee benefit plans or programs, or compensation plans or programs in which the Executive was a participant.

Appears in 1 contract

Samples: Employment Agreement (Newalliance Bancshares Inc)

No Effect on Employee Benefit Plans or Programs. The termination of the Executive’s 's employment during the Employment Period or thereafter, whether by the Employers Employer or by the Executive, shall have no effect on the vested rights of the Executive under the Company’s 's or the Bank’s 's qualified or non-qualified retirement, pension, savings, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans, or other employee benefit plans or programs, or compensation plans or programs in which the Executive was a participant.

Appears in 1 contract

Samples: Employment Agreement (Newalliance Bancshares Inc)

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