Common use of Payment of Legal Fees Clause in Contracts

Payment of Legal Fees. All reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, only if Executive is successful pursuant to a legal judgment, arbitration or settlement, and such payment shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor.

Appears in 14 contracts

Samples: Change in Control Agreement (If Bancorp, Inc.), Change in Control Agreement (River Financial Corp), Change in Control Agreement (Standard Financial Corp.)

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Payment of Legal Fees. All reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, Company only if Executive is successful pursuant to a legal judgment, arbitration or settlement, and such . Such payment shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor, and such reimbursement shall occur no later than sixty two and one-half (602 ½) days months after the end of the year in which the dispute is settled or resolved in Executive’s favor.

Appears in 6 contracts

Samples: Employment Agreement (If Bancorp, Inc.), Employment Agreement (Peoples Federal Bancshares, Inc.), Employment Agreement (Peoples Federal Bancshares, Inc.)

Payment of Legal Fees. All reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, Company only if Executive is successful pursuant to a legal judgment, arbitration or settlement, and such . Such payment shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor, and such reimbursement shall occur no later than sixty two and one-half (602 1/2) days months after the end of the year in which the dispute is settled or resolved in Executive’s favor.

Appears in 4 contracts

Samples: Employment Agreement (If Bancorp, Inc.), Employment Agreement (If Bancorp, Inc.), Employment Agreement (Peoples Federal Bancshares, Inc.)

Payment of Legal Fees. All reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, Bank only if Executive is successful pursuant to a legal judgment, arbitration or settlement, and such . Such payment shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor, and such reimbursement shall occur no later than sixty two and one-half (602 1/2) days months after the end of the year in which the dispute is settled or resolved in Executive’s favor.

Appears in 4 contracts

Samples: Employment Agreement (If Bancorp, Inc.), Employment Agreement (If Bancorp, Inc.), Employment Agreement (Peoples Federal Bancshares, Inc.)

Payment of Legal Fees. All reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, only if Executive is successful pursuant to a legal judgment, arbitration or settlement, and such payment shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s 's favor, and such reimbursement shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s 's favor.

Appears in 2 contracts

Samples: Trust Change in Control Agreement (River Financial Corp), Change in Control Agreement (Howard Bancorp Inc)

Payment of Legal Fees. All reasonable legal fees paid or incurred by the Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, only if the Executive is successful pursuant to a legal judgment, arbitration or settlement, and such . Such payment or reimbursement shall occur be made no later than sixty (60) days two and one-half months after the end of the year in which the dispute is settled or resolved successful conclusion in Executive’s favor, and such reimbursement shall occur no later than sixty (60) days after the end favor of the year in which the dispute is settled by judgment, arbitration or resolved in Executive’s favorsettlement.

Appears in 2 contracts

Samples: Employment Agreement (Meridian Bancorp, Inc.), Employment Agreement (Meridian Interstate Bancorp Inc)

Payment of Legal Fees. All reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the BankCompany, only if Executive is successful pursuant to a legal judgment, arbitration or settlement, and such payment shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor.

Appears in 2 contracts

Samples: Change in Control Agreement (River Financial Corp), Change in Control Agreement (River Financial Corp)

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Payment of Legal Fees. All reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, Bank only if Executive is successful pursuant to a legal judgment, arbitration or settlement, and such . Such payment shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favor, and such reimbursement shall occur no later than sixty two and one-half (602 ½) days months after the end of the year in which the dispute is settled or resolved in Executive’s favor.

Appears in 2 contracts

Samples: Employment Agreement (If Bancorp, Inc.), Employment Agreement (If Bancorp, Inc.)

Payment of Legal Fees. All reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the BankAssociation, only if Executive is successful pursuant to a legal judgment, arbitration or settlement, and such payment . Such reimbursement shall occur no later than sixty two and one-half (602 1/2) days months after the end of the year in date on which the dispute is settled or resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s 's favor.

Appears in 1 contract

Samples: Control Agreement (New England Bancshares, Inc.)

Payment of Legal Fees. All reasonable legal fees paid or incurred by the Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank, only if the Executive is successful pursuant to a legal judgment, arbitration or settlement, and such . Such payment or reimbursement shall occur be made no later than sixty (60) days two and one-half months after the end successful conclusion in Executive's favor of the year in which the dispute is settled by judgment, arbitration or resolved in Executive’s favor, and such reimbursement shall occur no later than sixty (60) days after the end of the year in which the dispute is settled or resolved in Executive’s favorsettlement.

Appears in 1 contract

Samples: Employment Agreement (Meridian Interstate Bancorp Inc)

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