RESIGNATION FROM BOARDS OF DIRECTORS. In the event of termination of Executive's employment for any reason other than upon a Change in Control, to the extent that Executive serves as a director of the Company and the Bank, and/or as a director and/or officer of any subsidiary or affiliate of the Company and/or the Bank, Executive shall immediately resign as a director.
Appears in 6 contracts
Samples: Employment Agreement (First Federal Financial Services Inc), Employment Agreement (First Federal Financial Services Inc), Employment Agreement (First Federal Financial Services Inc)
RESIGNATION FROM BOARDS OF DIRECTORS. In the event of Executive’s termination of Executive's employment for any reason other than upon a Change in Control, to the extent that Executive serves shall resign as a director of the Company and the Bank, and/or and as a director and/or officer of any subsidiary or affiliate of the Company and/or the Bank, Executive shall immediately resign as a director.
Appears in 5 contracts
Samples: Employment Agreement (Amb Financial Corp), Employment Agreement (Ben Franklin Financial, Inc.), Employment Agreement (Amb Financial Corp)
RESIGNATION FROM BOARDS OF DIRECTORS. In the event of Executive’s termination of Executive's employment for any reason other than upon a Change in Control, to the extent that Executive serves shall resign, if previously appointed, as a director of the Company Bank and the Bank, and/or as a director and/or officer of any subsidiary or affiliate of the Company and/or the Bank, Executive shall immediately resign as a director.
Appears in 3 contracts
Samples: Employment Agreement (Ben Franklin Financial, Inc.), Employment Agreement (Ben Franklin Financial, Inc.), Employment Agreement (Ben Franklin Financial, Inc.)
RESIGNATION FROM BOARDS OF DIRECTORS. In the event of Executive's termination of Executive's employment for any reason other than upon a Change in Control, to the extent that Executive serves shall resign as a director of the Company and the Bank, and/or and as a director and/or officer of any subsidiary or affiliate of the Company and/or the Bank, Executive shall immediately resign as a director.
Appears in 3 contracts
Samples: Employment Agreement (First Federal Financial Services Inc), Employment Agreement (First Clover Leaf Financial Corp.), Employment Agreement (First Federal Financial Services Inc)
RESIGNATION FROM BOARDS OF DIRECTORS. In the event of termination of Executive's ’s employment for any reason other than upon a Change in Control, to the extent that Executive serves shall resign as a director of the Company and the Bank, and/or as a director and/or officer of any subsidiary or affiliate of the Company and/or the Bank, Executive shall immediately resign as a director.
Appears in 3 contracts
Samples: Employment Agreement (First Clover Leaf Financial Corp.), Employment Agreement (First Clover Leaf Financial Corp.), Employment Agreement (First Clover Leaf Financial Corp.)
RESIGNATION FROM BOARDS OF DIRECTORS. In the event of Executive’s termination of Executive's employment for any reason other than upon a Change in Control, to the extent that Executive serves shall, if applicable, resign as a director of the Company and the Bank, and/or and as a director and/or officer of any subsidiary or affiliate of the Company and/or Bank including the Bank, Executive shall immediately resign as a directorHolding Company.
Appears in 3 contracts
Samples: Employment Agreement (Ben Franklin Financial, Inc.), Employment Agreement (Ben Franklin Financial, Inc.), Employment Agreement (Ben Franklin Financial, Inc.)
RESIGNATION FROM BOARDS OF DIRECTORS. In the event of Executive's termination of Executive's employment for any reason other than upon a Change in Control, to the extent that Executive serves shall, if applicable, resign as a director of the Company and the Bank, and/or and as a director and/or officer of any subsidiary or affiliate of the Company and/or Bank including the Bank, Executive shall immediately resign as a directorHolding Company.
Appears in 2 contracts
Samples: Employment Agreement (Ben Franklin Financial, Inc.), Employment Agreement (Ben Franklin Financial, Inc.)
RESIGNATION FROM BOARDS OF DIRECTORS. In the event of termination of Executive's employment for any reason other than upon a Change in Control, to the extent that Executive serves shall resign as a director of the Company and the Bank, and/or as a director and/or officer of any subsidiary or affiliate of the Company and/or the Bank, Executive shall immediately resign as a director.
Appears in 2 contracts
Samples: Employment Agreement (First Clover Leaf Financial Corp.), Employment Agreement (First Clover Leaf Financial Corp.)
RESIGNATION FROM BOARDS OF DIRECTORS. In the event of the Executive’s termination of Executive's employment for any reason other than upon a Change in Control, to the extent that Executive serves shall resign as a director of the Company and the Bank, and/or and as a director and/or officer of any subsidiary or affiliate of the Company and/or the Bank, Executive shall immediately resign as a director.
Appears in 1 contract
Samples: Employment Agreement (First Clover Leaf Financial Corp.)
RESIGNATION FROM BOARDS OF DIRECTORS. In the event of termination of Executive's employment for any reason other than upon a Change in Control, to the extent that Executive serves shall immediately resign as a director of the Company and the Bank, and/or as a director and/or officer of any subsidiary or affiliate of the Company and/or the Bank, Executive shall immediately resign as a director.
Appears in 1 contract
RESIGNATION FROM BOARDS OF DIRECTORS. In the event of Executive's termination of Executive's employment for any reason other than upon a Change in Control, to the extent that Executive serves shall resign as a director of the Company and the Bank, and/or and as a director and/or officer of any subsidiary or affiliate of the Company and/or the Bank, Executive shall immediately resign as a director.
Appears in 1 contract
Samples: Employment Agreement (Ben Franklin Financial, Inc.)