Common use of Separation from Service without Cause Clause in Contracts

Separation from Service without Cause. In the event of your involuntary separation from service with the Employer without Cause within 24 months after the effective date of a Change in Control and prior to the last Vesting Date, all unvested Option Shares will become vested on the date of such separation from service.

Appears in 2 contracts

Samples: Non Qualified Stock Option Award Agreement (NorthEast Community Bancorp, Inc./Md/), Non Qualified Stock Option Award Agreement (William Penn Bancorporation)

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Separation from Service without Cause. In the event of your involuntary separation from service with the Employer without Cause within 24 months after the effective date of a Change in Control and prior to the last Vesting Date, all unvested Option Shares will become vested on the date of such separation from service.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (William Penn Bancorporation)

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Separation from Service without Cause. In the event of your involuntary separation from service with the Employer Company and its Affiliates without Cause within 24 12 months after the effective date of a Change in Control and prior to the last Vesting Date, all unvested Option Shares will become vested on the date of such separation from service.

Appears in 1 contract

Samples: Non Qualified Stock Option Award Agreement (Columbia Financial, Inc.)

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