Services During Certain Events. In the event a Person begins a tender or exchange offer, solicits proxies from shareholders of the Company and/or the Bank, or takes other steps seeking to effect a Change in Control Event, the Executive agrees that he will not voluntarily leave the employ of the Company or the Bank and will render services until such Person has abandoned or terminated his or its efforts to effect a Change in Control Event, or, if later, until twenty-four (24) months after a Change in Control Event has occurred; provided, however, that the Company and the Bank may terminate the Executive for Cause at any time, and the Executive may terminate his employment any time after the Change in Control Event for Good Reason.
Appears in 7 contracts
Samples: Change in Control Agreement (Wesbanco Inc), Change in Control Agreement (Wesbanco Inc), Change in Control Agreement (Wesbanco Inc)
Services During Certain Events. In the event a Person begins a tender or exchange offer, solicits proxies from shareholders of the Company and/or the Bank, or takes other steps seeking to effect a Change in Control EventControl, the Executive agrees that he will not voluntarily leave the employ of the Company or the Bank and will render services until such Person has abandoned or terminated his or its efforts to effect a Change in Control EventControl, or, if later, until twenty-four (24) months after a Change in Control Event has occurred; provided, however, that the Company and the Bank may terminate the Executive for Cause at any time, and the Executive may terminate his employment any time after the Change in Control Event for Good Reason.
Appears in 2 contracts
Samples: Change in Control Agreement (Wesbanco Inc), Change in Control Agreement (Wesbanco Inc)
Services During Certain Events. In the event a Person begins a tender or exchange offer, solicits proxies from shareholders circulates a proxy to stockholders of the Company and/or the BankCompany, or takes other steps seeking to effect a Change in Control EventControl, the Executive agrees that he will not voluntarily leave the employ of the Company or the Bank and will continue to render services until the later of (i) the date such Person has abandoned or terminated his or its efforts to effect a Change in Control EventControl, or, if later, until twenty-four and (24ii) the date that is six (6) months after a Change in Control Event has occurred; provided. Notwithstanding the foregoing, however, that the Company and the Bank may terminate the Executive Executive’s employment for Cause at any time, and the Executive may terminate his employment at any time after the Change in Control Event for Good Reason.
Appears in 2 contracts
Samples: March 2004 Special Agreement (Northrop Grumman Corp /De/), Employment Agreement (Northrop Grumman Corp /De/)
Services During Certain Events. In the event a Person begins a tender or exchange offer, solicits proxies from shareholders circulates a proxy to stockholders of the Company and/or the BankCompany, or takes other steps seeking to effect a Change in Control EventControl, the Executive agrees that he or she will not voluntarily leave the employ of the Company or the Bank and will continue to render services until the later of (i) the date such Person has abandoned or terminated his or her or its efforts to effect a Change in Control EventControl, or, if later, until twenty-four and (24ii) the date that is six (6) months after a Change in Control Event has occurred; provided. Notwithstanding the foregoing, however, that the Company and the Bank may terminate the Executive Executive’s employment for Cause at any time, and the Executive may terminate his or her employment at any time after the Change in Control Event for Good Reason.
Appears in 2 contracts
Samples: January 2010 Special Agreement (Northrop Grumman Corp /De/), January 2009 Special Agreement (Northrop Grumman Corp /De/)
Services During Certain Events. In the event a Person begins a tender or exchange offer, solicits proxies from shareholders circulates a proxy to stockholders of the Company and/or the BankCompany, or takes other steps seeking to effect a Change in Control EventControl, the Executive agrees that he will not voluntarily leave the employ of the Company or the Bank his Employer and will continue to render services until the later of (i) the date such Person has abandoned or terminated his or its efforts to effect a Change in Control EventControl, or, if later, until twenty-four and (24ii) the date that is six (6) months after a Change in Control Event has occurred; provided. Notwithstanding the foregoing, however, that the Company and the Bank Executive's Employer may terminate the Executive Executive's employment for Cause at any time, and the Executive may terminate his employment at any time after the Change in Control Event for Good Reason.
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