Common use of Reimbursement of Executive’s Expenses to Enforce this Agreement Clause in Contracts

Reimbursement of Executive’s Expenses to Enforce this Agreement. The Bank will reimburse Executive for all out-of-pocket expenses, including, without limitation, reasonable attorneys’ fees, incurred by Executive in connection with his successful enforcement of the Bank’s obligations under this Agreement. Successful enforcement means the grant of an award of money or the requirement that the Bank take some specified action: (i) as a result of court order; or (ii) otherwise following an initial failure of the Bank to pay money or take action promptly following receipt of a written demand from Executive stating the reason that the Bank must make payment or take action under this Agreement.

Appears in 34 contracts

Samples: Employment Agreement (CBM Bancorp, Inc.), Employment Agreement (CBM Bancorp, Inc.), Delanco Federal Savings (Delanco Bancorp, Inc.)

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Reimbursement of Executive’s Expenses to Enforce this Agreement. The Company and the Bank will shall reimburse Executive for all out-of-pocket expenses, including, without limitation, reasonable attorneys’ fees, incurred by Executive in connection with his successful enforcement by Executive of the Bank’s obligations of the Company and the Bank to Executive under this Agreement. Successful enforcement means shall mean the grant of an award of money or the requirement that the Company and the Bank take some action specified actionby this Agreement: (i) as a result of court order; or (ii) otherwise by the Company and the Bank following an initial failure of the Company and the Bank to pay such money or take such action promptly following receipt of a after written demand therefor from Executive stating the reason that the Bank must make payment such money or take action was due under this AgreementAgreement at or prior to the time of such demand.

Appears in 21 contracts

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

Reimbursement of Executive’s Expenses to Enforce this Agreement. The Bank Company will reimburse Executive for all out-of-pocket expenses, including, without limitation, reasonable attorneys’ fees, incurred by Executive in connection with his successful enforcement of the BankCompany’s obligations under this Agreement. Successful enforcement means the grant of an award of money or the requirement that the Bank Company take some specified action: (i) as a result of court order; or (ii) otherwise following an initial failure of the Bank Company to pay money or take action promptly following receipt of a written demand from Executive stating the reason that the Bank Company must make payment or take action under this Agreement.

Appears in 19 contracts

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

Reimbursement of Executive’s Expenses to Enforce this Agreement. The Bank will reimburse Executive for all out-of-pocket expenses, including, without limitation, reasonable attorneys’ fees, incurred by that Executive incurs in connection with his successful enforcement of the Bank’s obligations under this Agreement. Successful enforcement means shall mean the grant of an award of money or the requirement that the Bank take some action specified actionby this Agreement: (i) as a result of court order; or (ii) otherwise following an initial failure of by the Bank to pay such money or take such action promptly following receipt of a written demand from Executive stating the reason that the Bank must make payment or take action under this Agreement.

Appears in 9 contracts

Samples: Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (BV Financial, Inc.), Employment Agreement (BV Financial, Inc.)

Reimbursement of Executive’s Expenses to Enforce this Agreement. The Bank will reimburse Executive for all out-of-pocket expenses, including, without limitation, reasonable attorneys’ feesfees and expenses, incurred by Executive in connection with his successful enforcement of the Bank’s obligations under this Agreement. Successful enforcement means the grant of an award of money or the requirement that the Bank take some specified action: (i) as a result of court order; or (ii) otherwise following an initial failure of the Bank to pay money or take action promptly following receipt of a written demand from Executive stating the reason that the Bank must make payment or take action under this Agreement.

Appears in 6 contracts

Samples: First Federal Savings Bank Employment Agreement (First Advantage Bancorp), First Federal Savings Bank Employment Agreement (First Advantage Bancorp), First Federal Savings Bank Employment Agreement (First Advantage Bancorp)

Reimbursement of Executive’s Expenses to Enforce this Agreement. The Bank Company will reimburse Executive for all out-of-pocket expenses, including, without limitation, reasonable attorneys’ attorney fees, incurred by Executive in connection with his successful enforcement of the BankCompany’s obligations under this Agreement. Successful enforcement means the grant of an award of money or the requirement that the Bank Company take some specified action: (i) as a result of court order; or (ii) otherwise following an initial failure of the Bank Company to pay money or take action promptly following receipt of a written demand from Executive stating the reason that the Bank Company must make payment pay money or take action under this Agreement.

Appears in 5 contracts

Samples: Company Employment Agreement (Polonia Bancorp), Company Employment Agreement (Polonia Bancorp), Company Employment Agreement (Polonia Bancorp)

Reimbursement of Executive’s Expenses to Enforce this Agreement. The Bank Company will reimburse Executive for all out-of-pocket expenses, including, without limitation, reasonable attorneys’ feesfees and expenses, incurred by Executive in connection with his successful enforcement of the BankCompany’s obligations under this Agreement. Successful enforcement means the grant of an award of money or the requirement that the Bank Company take some specified action: (i) as a result of court order; or (ii) otherwise following an initial failure of the Bank Company to pay money or take action promptly following receipt of a written demand from Executive stating the reason that the Bank Company must make payment or take action under this Agreement.

Appears in 4 contracts

Samples: First Advantage Bancorp Employment Agreement (First Advantage Bancorp), First Advantage Bancorp Employment Agreement (First Advantage Bancorp), First Advantage Bancorp Employment Agreement (First Advantage Bancorp)

Reimbursement of Executive’s Expenses to Enforce this Agreement. The Bank will reimburse Executive for all out-of-pocket expenses, including, without limitation, reasonable attorneys’ fees, incurred by Executive in connection with his her successful enforcement of the Bank’s obligations under this Agreement. Successful enforcement means the grant of an award of money or the requirement that the Bank take some specified action: (i) as a result of court order; or (ii) otherwise following an initial failure of the Bank to pay money or take action promptly following receipt of a written demand from Executive stating the reason that the Bank must make payment or take action under this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (CBM Bancorp, Inc.), Delanco Federal Savings (Delanco Bancorp, Inc.), Employment Agreement (CBM Bancorp, Inc.)

Reimbursement of Executive’s Expenses to Enforce this Agreement. The Bank will reimburse Executive for all out-of-pocket expenses, including, without limitation, reasonable attorneys’ fees, incurred by that Executive incurs in connection with his her successful enforcement of the Bank’s obligations under this Agreement. Successful enforcement means shall mean the grant of an award of money or the requirement that the Bank take some action specified actionby this Agreement: (i) as a result of court order; or (ii) otherwise following an initial failure of by the Bank to pay such money or take such action promptly following receipt of a written demand from Executive stating the reason that the Bank must make payment or take action under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (BV Financial, Inc.), Employment Agreement (BV Financial, Inc.)

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Reimbursement of Executive’s Expenses to Enforce this Agreement. The Bank will reimburse Executive for all out-of-pocket expenses, including, including without limitation, reasonable attorneys’ fees, incurred by Executive in connection with his successful enforcement of the Bank’s obligations under this Agreement. Successful enforcement means the grant of an award of money or the requirement that the Bank take some specified action: (i) as a result of court order; or (ii) otherwise following an initial failure of the Bank to pay money or take action promptly following receipt of a written demand from Executive stating the reason that the Bank must make payment or take action under this Agreement.

Appears in 1 contract

Samples: Colonial Federal Savings (CFSB Bancorp, Inc. /MA/)

Reimbursement of Executive’s Expenses to Enforce this Agreement. The Bank will reimburse Executive for all out-of-pocket expenses, including, including without limitation, reasonable attorneys’ fees, incurred by Executive in connection with his her successful enforcement of the Bank’s obligations under this Agreement. Successful enforcement means the grant of an award of money or the requirement that the Bank take some specified action: (i) as a result of court order; or (ii) otherwise following an initial failure of the Bank to pay money or take action promptly following receipt of a written demand from Executive stating the reason that the Bank must make payment or take action under this Agreement.

Appears in 1 contract

Samples: Colonial Federal Savings (CFSB Bancorp, Inc. /MA/)

Reimbursement of Executive’s Expenses to Enforce this Agreement. The Bank will reimburse Executive for all out-of-pocket expenses, including, without limitation, reasonable attorneys' fees, incurred by that Executive incurs in connection with his successful enforcement of the Bank’s 's obligations under this Agreement. Successful enforcement means shall mean the grant of an award of money or the requirement that the Bank take some action specified actionby this Agreement: (i) as a result of court order; or (ii) otherwise following an initial failure of by the Bank to pay such money or take such action promptly following receipt of a written demand from Executive stating the reason that the Bank must make payment or take action under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (FedFirst Financial CORP)

Reimbursement of Executive’s Expenses to Enforce this Agreement. The Bank will reimburse Executive for all out-of-pocket expenses, including, without limitation, reasonable attorneys’ fees, incurred by fees that Executive incurs in connection with his successful enforcement of the Bank’s obligations under this Agreement. Successful enforcement means shall mean the grant of an award of money or the requirement that the Bank take some action specified actionby this Agreement: (i) as a result of court order; or (ii) otherwise following an initial failure of by the Bank to pay such money or take such action promptly following receipt of a written demand from Executive stating the reason that the Bank must make payment or take action under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Fox Chase Bancorp Inc)

Reimbursement of Executive’s Expenses to Enforce this Agreement. The Company and the Bank will reimburse Executive for all out-of-pocket expenses, including, without limitation, reasonable attorneys’ fees, incurred by that Executive incurs in connection with his successful enforcement of the Company’s and the Bank’s obligations under this Agreement. Successful enforcement means shall mean the grant of an award of money or the requirement that the Company and the Bank take some action specified actionby this Agreement: (i) as a result of court order; or (ii) otherwise following an initial failure of by the Company and the Bank to pay such money or take such action promptly following receipt of a written demand from Executive stating the reason that the Company or the Bank must make payment or take action under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (BV Financial, Inc.)

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