Common use of Non-Change in Control Termination Clause in Contracts

Non-Change in Control Termination. In the event that (i) the Officer's employment is terminated due to Cause, Death, Disability, Retirement, or any other reason unrelated to a Change in Control of the Corporation, or (ii) the officer elects to terminate his employment for other than Good Reason, then the Officer shall have no right pursuant to this Agreement to compensation or other benefits for any period after the applicable Date of Termination.

Appears in 3 contracts

Samples: Control Severance Agreement (Willow Grove Bancorp Inc/New), Control Severance Agreement (Willow Grove Bancorp Inc/New), Control Severance Agreement (Willow Grove Bancorp Inc/New)

AutoNDA by SimpleDocs

Non-Change in Control Termination. In the event that (i) the Officer's ’s employment is terminated due to Cause, Death, Disability, Retirement, or any other reason unrelated to a Change in Control of the CorporationControl, or (ii) the officer elects to terminate his employment for other than Good Reason, then the Officer shall have no right pursuant to this Agreement to compensation or other benefits for any period after the applicable Date of Termination.

Appears in 2 contracts

Samples: Control Severance Agreement (Willow Financial Bancorp, Inc.), Change in Control Severance Agreement (Willow Financial Bancorp, Inc.)

AutoNDA by SimpleDocs

Non-Change in Control Termination. In the event that (i) the Officer's employment is terminated due to Cause, Death, Disability, Retirement, or any other reason unrelated to a Change in Control of the Corporation, or (ii) the officer elects to terminate his her employment for other than Good Reason, then the Officer shall have no right pursuant to this Agreement to compensation or other benefits for any period after the applicable Date of Termination.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Willow Grove Bancorp Inc/New)

Time is Money Join Law Insider Premium to draft better contracts faster.