Common use of Reinstatement of Benefits Clause in Contracts

Reinstatement of Benefits. In the event any dispute or controversy arising under or in connection with Executive's termination is resolved in favor of the Executive, whether by judgment, arbitration or settlement, Executive shall be entitled to the payment of any back-pay, including salary, bonuses and any other cash compensation, fringe benefits and any compensation and benefits due Executive under this Agreement.

Appears in 7 contracts

Samples: Manchester Employment Agreement (Connecticut Bancshares Inc/De), Employment Agreement (Connecticut Bancshares Inc/De), Manchester Employment Agreement (Connecticut Bancshares Inc/De)

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Reinstatement of Benefits. In the event any dispute or controversy arising under or in connection with Executive's termination is resolved in favor of the Executive, whether by judgment, arbitration or settlement, Executive shall be entitled to the payment of any back-pay, including salary, bonuses and any other cash compensation, fringe benefits and any compensation and benefits due Executive under this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Connecticut Bancshares Inc/De), Employment Agreement (Connecticut Bancshares Inc/De), Employment Agreement (Connecticut Bancshares Inc/De)

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