Common use of Other Termination By Bank Clause in Contracts

Other Termination By Bank. If the Bank terminates Executive's employment without Cause before this Agreement terminates, or Executive terminates his employment for Good Reason, then the Bank will pay Executive a lump sum payment equal to the greater of (i) one-half (0.5 times) Executive's Compensation, or (ii) the Compensation to which Executive would have otherwise been entitled for the remainder of the Term.

Appears in 4 contracts

Samples: Employment Agreement (Pacific Continental Corp), Employment Agreement (Pacific Continental Corp), Employment Agreement (Pacific Continental Corp)

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Other Termination By Bank. If the Bank terminates Executive's ’s employment without Cause before this Agreement terminates, or Executive terminates his employment for Good Reason, then contingent upon Executive’s execution of a release of any and all claims arising out of such termination or his employment, the Bank will pay Executive a lump sum payment equal to the greater lesser of (i) one-half (0.5 times) one times Executive's Compensation, ’s annual base salary at the time of termination or (ii) the Compensation amount of salary remaining to which Executive would have otherwise been entitled for be paid under the remainder term of the Termthis Agreement.

Appears in 4 contracts

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

Other Termination By Bank. If the Bank terminates Executive's ’s employment without Cause before this Agreement terminates, or Executive terminates his employment for Good Reason, then contingent upon Executive’s execution of a release of any and all claims arising out of such termination of his employment, the Bank will pay Executive a lump sum payment equal to the greater amount of (i) one-half (0.5 times) Executive's Compensation, or (ii) the Compensation Base Salary remaining to which Executive would have otherwise been entitled for the remainder of be paid during the Term, plus all compensation and benefits earned and expenses reimbursable through the date of termination, plus the remaining SERP Benefit payable annually.

Appears in 3 contracts

Samples: Employment Agreement (Jefferson Bancshares Inc), Employment Agreement (HomeTrust Bancshares, Inc.), Employment Agreement (HomeTrust Bancshares, Inc.)

Other Termination By Bank. If the Bank terminates Executive's employment without Cause before this Agreement terminates, or Executive terminates his employment for Good Reason, then the Bank will pay Executive a lump sum payment equal to the greater of (i) one-half (0.5 times) one times Executive's Compensation, or (ii) annual base salary at the Compensation to which Executive would have otherwise been entitled for the remainder time of the Termtermination.

Appears in 3 contracts

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

Other Termination By Bank. If the Bank terminates Executive's ’s employment without Cause before this Agreement terminates, or Executive terminates his employment for Good Reason, then contingent upon Executive’s execution of a release of any and all claims arising out of such termination or his employment, the Bank will pay Executive a lump sum payment equal to the greater lesser of (i) one-half (0.5 times) one times Executive's Compensation, ’s annual base salary at the time of termination or (ii) the Compensation amount of salary remaining to which Executive would have otherwise been entitled for be paid under the remainder Term of the Termthis Agreement.

Appears in 3 contracts

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

Other Termination By Bank. If the Bank terminates Executive's ’s employment without Cause before this Agreement terminates, or Executive terminates his employment for Good Reason, then contingent upon Executive’s execution of a release of any and all claims arising out of such termination of his employment, the Bank will pay Executive a lump sum payment equal to the greater amount of (i) one-half (0.5 times) Executive's Compensation, or (ii) the Compensation Base Salary remaining to which Executive would have otherwise been entitled for the remainder of be paid during the Term, plus all compensation and benefits earned and expenses reimbursable through the date of termination.

Appears in 2 contracts

Samples: Employment Agreement (Jefferson Bancshares Inc), Employment Agreement (HomeTrust Bancshares, Inc.)

Other Termination By Bank. If the 1st Bank terminates Executive's employment without Cause before this Agreement terminatesterminates or expires, or Executive terminates his employment for Good Reason, then the 1st Bank will pay Executive a lump sum payment equal to the greater of sum of: (i) one-half (0.5 times) Executive's Compensation, or (ii) the Compensation to which amount of salary that Executive would have otherwise been entitled received for the remainder of the Term2007, plus (ii) $165,000.

Appears in 1 contract

Samples: Employment Agreement (Glacier Bancorp Inc)

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Other Termination By Bank. If the Bank terminates Executive's employment without Cause before this Agreement terminates, or Executive terminates his employment for Good Reason, then contingent upon Executive's execution of a release of any and all claims arising out of such termination or his employment, the Bank will pay Executive a lump sum payment equal to the greater of (i) one-half (0.5 times) one times Executive's Compensation, or (ii) annual base salary at the Compensation to which Executive would have otherwise been entitled for the remainder time of the Termtermination.

Appears in 1 contract

Samples: Employment Agreement (Glacier Bancorp Inc)

Other Termination By Bank. If the Bank terminates Executive's employment without Cause before this Agreement terminates, or Executive terminates his employment for Good ReasonReason (defined below), then the Bank will pay Executive a lump sum payment equal to the greater of (i) one-half (0.5 times) one times Executive's Compensation, or (ii) annual base salary at the Compensation to which Executive would have otherwise been entitled for the remainder time of the Termtermination.

Appears in 1 contract

Samples: Employment Agreement (Glacier Bancorp Inc)

Other Termination By Bank. If the Bank terminates Executive's employment without Cause before this Agreement terminates, or Executive terminates his employment for Good Reason, then the Bank will pay Executive a lump sum payment equal to the greater of (i) one-half (0.5 times) Executive's Compensation, or (ii) the Compensation to which Executive would have otherwise been entitled for the remainder of the Term.

Appears in 1 contract

Samples: Employment Agreement (Pacific Continental Corp)

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