Common use of Stock Based Compensation Clause in Contracts

Stock Based Compensation. Notwithstanding anything to the contrary contained herein, upon Executive’s termination from employment, any rights he has to stock based compensation shall be governed exclusively by the terms of the agreement related thereto and any related plan.

Appears in 3 contracts

Samples: Employment Agreement (Level One Bancorp Inc), Employment Agreement (Level One Bancorp Inc), Employment Agreement (Level One Bancorp Inc)

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Stock Based Compensation. Notwithstanding anything to the contrary contained herein, upon Executive’s termination from employmentEmployment, any rights he has to stock based compensation compensation, including, but not limited to, rights under the Company’s employee stock ownership plan, its 401(k) plan or the Stock Agreements, shall be governed exclusively by the terms of such plans and the agreement related thereto and any related planStock Agreements.

Appears in 2 contracts

Samples: Employment Agreement (Monarch Community Bancorp Inc), Employment Agreement (Monarch Community Bancorp Inc)

Stock Based Compensation. Notwithstanding anything to the contrary contained herein, upon Executive’s 's termination from employmentEmployment, any rights he has to stock based compensation compensation, including, but not limited to, rights under the Company's Employee Stock Ownership Plan or the Stock Agreement, shall be governed exclusively by the terms of such plans and the agreement related thereto and any related planStock Agreement.

Appears in 1 contract

Samples: Employment Agreement (PSB Group Inc)

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Stock Based Compensation. Notwithstanding anything to the contrary contained herein, upon Executive’s termination from employmentEmployment, any rights he has to stock based compensation compensation, including, but not limited to, rights under the Company’s Employee Stock Ownership Plan or the Stock Agreement, shall be governed exclusively by the terms of such plans and the agreement related thereto and any related planStock Agreement.

Appears in 1 contract

Samples: Employment Agreement (PSB Group Inc)

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