Common use of Reimbursement of Certain Costs Clause in Contracts

Reimbursement of Certain Costs. (a) If the Company or the Bank brings a cause of action to enforce the Restrictive Covenants or to recover damages caused by the Executive’s breach of the Restrictive Covenants, the substantially prevailing party in such action shall be entitled to reasonable costs and expenses (including, without limitation, reasonable attorneys’ fees, expert witness fees, and disbursements) in connection with such action.

Appears in 10 contracts

Samples: Employment Agreement (ECB Bancorp, Inc. /MD/), Employment Agreement (NorthEast Community Bancorp, Inc./Md/), Employment Agreement (NorthEast Community Bancorp, Inc./Md/)

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Reimbursement of Certain Costs. (a) If the Company or the Bank brings a cause of action to enforce the Restrictive Covenants or to recover damages caused by the Executive’s breach of the Restrictive Covenants, the substantially prevailing party in such action shall be entitled to reasonable costs and expenses (including, without limitation, reasonable attorneys’ fees, expert witness fees, and disbursements) in connection with such action.

Appears in 4 contracts

Samples: Employment Agreement (New York Community Bancorp Inc), Employment Agreement (Old National Bancorp /In/), Agreement and Plan of Merger (Old National Bancorp /In/)

Reimbursement of Certain Costs. (a) If the Company or the Bank Employer brings a cause of action to enforce the Restrictive Covenants or to recover damages caused by the Executive’s breach of the Restrictive Covenants, the substantially prevailing party in such action shall be entitled to reasonable costs and expenses (including, without limitation, reasonable attorneys’ fees, expert witness fees, and disbursements) in connection with such action.

Appears in 3 contracts

Samples: Employment Agreement (William Penn Bancorporation), Employment Agreement (William Penn Bancorporation), Officer Employment Agreement (William Penn Bancorporation)

Reimbursement of Certain Costs. (a) If a)If the Company or the Bank brings a cause of action to enforce the Restrictive Covenants or to recover damages caused by the Executive’s breach of the Restrictive Covenants, the substantially prevailing party in such action shall be entitled to reasonable costs and expenses (including, without limitation, reasonable attorneys’ fees, expert witness fees, and disbursements) in connection with such action.

Appears in 2 contracts

Samples: Employment Agreement (NorthEast Community Bancorp, Inc./Md/), Employment Agreement (NorthEast Community Bancorp, Inc./Md/)

Reimbursement of Certain Costs. (a) If a)If the Company or the Bank brings a cause of action to enforce the Restrictive Covenants or to recover damages caused by the Executive’s breach of the Restrictive Covenants, the substantially prevailing party in such action shall be entitled to reasonable costs and expenses (including, without limitation, reasonable attorneys’ fees, expert witness fees, and disbursements) in connection with such action.

Appears in 1 contract

Samples: Employment Agreement (NorthEast Community Bancorp, Inc./Md/)

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Reimbursement of Certain Costs. (a) If the Company or the Bank brings a cause of action to enforce the Restrictive Covenants or to recover damages caused by the Executive’s 's breach of the Restrictive Covenants, the substantially prevailing party in such action shall be entitled to reasonable costs and expenses (including, without limitation, reasonable attorneys' fees, expert witness fees, and disbursements) in connection with such action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Monroe Bancorp)

Reimbursement of Certain Costs. (a) If the Holding Company or the Bank brings a cause of action to enforce the Restrictive Covenants or to recover damages caused by the Executive’s 's breach of the Restrictive Covenants, the substantially prevailing party in such action shall be entitled to reasonable costs and expenses (including, without limitation, reasonable attorneys’ fees, expert witness fees, and disbursements) in connection with such action.expenses. ​

Appears in 1 contract

Samples: Change in Control Agreement (Gouverneur Bancorp, Inc./Md/)

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