Common use of Post-Employment Clause in Contracts

Post-Employment. The provisions of this Section 19.2 shall not be binding on the Executive after a Change in Control shall have occurred. During the one year period following the date of termination of the Executive's employment (x) by the Executive on his own initiative for any reason other than (1) death, (2) becoming Disabled (as defined in Section 12), or (3) Retirement (as defined in Section 7.3), or (y) by either Employer for Cause or under circumstances which result in the Executive receiving termination benefits pursuant to Section 10 hereof, the Executive will not compete from an office within 20 miles of the Bank's main office with the banking or any other business conducted by either of the Employers during the period of his employment hereunder, nor will he attempt to hire any employee of either of the Employers, assist in such hiring by any other Person, or encourage any such employee to terminate his or her relationship with either of the Employers. * * * * *

Post-Employment. The provisions of this Section 19.2 17.2 shall not be binding on the Executive after a Change in Control shall have occurred. During the one year period following the date of termination of the Executive's employment (x) by the Executive on his own initiative for any reason other than (1) death, (2) becoming Disabled (as defined in Section 1211), or (3) Retirement (as defined in Section 7.3), or (y) by either Employer for Cause or under circumstances which result in the Executive receiving termination benefits pursuant to Section 10 9 hereof, the Executive will not compete from an office within 20 miles of the Bank's main office with the banking or any other business conducted by either of the Employers during the period of his employment hereunder, nor will he attempt to hire any employee of either of the Employers, assist in such hiring by any other Person, or encourage any such employee to terminate his or her relationship with either of the Employers. * * * * *

Post-Employment. The provisions of this Section 19.2 17.2 shall not be binding on the Executive after a Change in Control shall have occurred. During the one year period following the date of termination of the Executive's employment (x) by the Executive on his own initiative for any reason other than OTHER THAN (1) death, (2) becoming Disabled (as defined in Section 1211), or (3) Retirement (as defined in Section 7.3), or (y) by either Employer for Cause or under circumstances which result in the Executive receiving termination benefits pursuant to Section 10 9 hereof, the Executive will not compete from an office within 20 miles of the Bank's main office with the banking or any other business conducted by either of the Employers during the period of his employment hereunder, nor will he attempt to hire any employee of either of the Employers, assist in such hiring by any other Person, or encourage any such employee to terminate his or her relationship with either of the Employers. * * * * ** [Remainder of page intentionally left blank.]

Post-Employment. The provisions of this Section 19.2 20.2 shall not be binding on the Executive after a Change in Control shall have occurred. During the one year period following the date of termination of the Executive's employment (x) by the Executive on his own initiative for any reason other than (1) death, (2) becoming Disabled (as defined in Section 1213), or (3) Retirement (as defined in Section 7.3), or (y) by either Employer for Cause or under circumstances which result in the Executive receiving termination benefits pursuant to Section 10 hereof, the Executive will not compete from an office within 20 miles of the Bank's main office with the banking or any other business conducted by either of the Employers during the period of his employment hereunder, nor will he attempt to hire any employee of either of the Employers, assist in such hiring by any other Person, or encourage any such employee to terminate his or her relationship with either of the Employers. * * * * *

Post-Employment. The provisions of this Section 19.2 shall not be binding on the Executive after a Change in Control shall have occurred. During the one year period following the date of termination of the Executive's employment (x) by the Executive on his own initiative for any reason other than OTHER THAN (1) death, (2) becoming Disabled (as defined in Section 12), or (3) Retirement (as defined in Section 7.3), or (y) by either Employer for Cause or under circumstances which result in the Executive receiving termination benefits pursuant to Section 10 hereof, the Executive will not compete from an office within 20 miles of the Bank's main office with the banking or any other business conducted by either of the Employers during the period of his employment hereunder, nor will he attempt to hire any employee of either of the Employers, assist in such hiring by any other Person, or encourage any such employee to terminate his or her relationship with either of the Employers. * * * * ** [Remainder of page intentionally left blank.]

Post-Employment. The provisions of this Section 19.2 18.2 shall not be binding on the Executive after a Change in Control shall have occurred. During the one year period following the date of termination of the Executive's employment (x) by the Executive on his own initiative for any reason other than (1) death, (2) becoming Disabled (as defined in Section 12), or (3) Retirement (as defined in Section 7.3), or (y) by either Employer for Cause or under circumstances which result in the Executive receiving termination benefits pursuant to Section 10 9 hereof, the Executive will not compete from an office within 20 miles of the Bank's main office with the banking or any other business conducted by either of the Employers during the period of his employment hereunder, nor will he attempt to hire any employee of either of the Employers, assist in such hiring by any other Person, or encourage any such employee to terminate his or her relationship with either of the Employers. * * * * *