Common use of Severance Compensation Independent Clause in Contracts

Severance Compensation Independent. Company’s obligation to pay Severance Compensation is conditioned on Executive’s compliance with Sections 6, 7, 8 and 9 of this Agreement and Company shall not be obligated to pay such Severance Compensation in the event of any breach by Executive of such sections.

Appears in 9 contracts

Samples: Employment Agreement (BM Technologies, Inc.), Employment Agreement (BM Technologies, Inc.), Employment Agreement (BM Technologies, Inc.)

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Severance Compensation Independent. Company’s 's obligation to pay Severance Compensation is conditioned on Executive’s 's compliance with Sections 6, Paragraphs 7, 8 8, 9 and 9 10 of this Agreement and Company shall not be obligated to pay such Severance Compensation in the event of any breach by Executive of such sectionsParagraphs.

Appears in 5 contracts

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

Severance Compensation Independent. CompanyBank’s obligation to pay Severance Compensation is conditioned on Executive’s compliance with Sections 6, Paragraphs 7, 8 8, 9 and 9 10 of this Agreement and Company Bank shall not be obligated to pay such Severance Compensation in the event of any breach by Executive of such sectionsParagraphs.

Appears in 5 contracts

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

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Severance Compensation Independent. Company’s Bank's obligation to pay Severance Compensation is conditioned on Executive’s 's compliance with Sections 6, Paragraphs 7, 8 8, 9 and 9 10 of this Agreement and Company Bank shall not be obligated to pay such Severance Compensation in the event of any breach by Executive of such sectionsParagraphs.

Appears in 2 contracts

Samples: Employment Agreement (Customers Bancorp, Inc.), Employment Agreement (Customers 1st Bancorp, Inc.)

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