Common use of Term Expiration and Termination Clause in Contracts

Term Expiration and Termination. This Agreement shall be effective as of January 1, 2009, and shall, unless earlier terminated as provided herein, terminate as of the first anniversary hereof; provided, that on the first anniversary of this Agreement and on each subsequent anniversary hereof, this Agreement shall be automatically extended for an additional one-year term unless the Company gives Executive notice of its intent not to renew this Agreement at least 60 days prior to the end of the initial term or any renewal term hereof. This Agreement shall be earlier terminated and the Company’s obligations hereunder shall cease upon Executive’s death, disability or termination of employment with the Company and its Affiliates for any reason, except as provided in Section 2.1 hereof. The Company may earlier terminate this Agreement for Cause, notwithstanding that Executive’s employment with the Company has not been terminated. This Agreement is executed in multiple counterparts as of the dates set forth below, each of which shall be deemed an original, to be effective as designated above. Renasant Corporation: Executive: By: /s/ X. Xxxxxxxx McGraw /s/ Xxxxxxx X. Xxxx X. Xxxxxxxx XxXxxx Chief Executive Officer Date: January 21, 2009 Date: January 20, 2009

Appears in 1 contract

Samples: Change in Control Agreement (Renasant Corp)

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Term Expiration and Termination. This Agreement shall be effective as of January 1, 20092011, and shall, unless earlier terminated as provided herein, terminate as of the first anniversary hereof; provided, that on the first anniversary of this Agreement and on each subsequent anniversary hereof, this Agreement shall be automatically extended for an additional one-year term unless the Company gives Executive notice of its intent not to renew this Agreement at least 60 days prior to the end of the initial term or any renewal term hereof. This Agreement shall be earlier terminated and the Company’s obligations hereunder shall cease upon Executive’s death, disability or termination of employment with the Company and its Affiliates for any reason, except as provided in Section 2.1 hereof. The Company may earlier terminate this Agreement for Cause, notwithstanding that Executive’s employment with the Company has not been terminated. This Agreement is executed in multiple counterparts as of the dates set forth below, each of which shall be deemed an original, to be effective as designated above. Renasant Corporation: Executive: By: /s/ X. Xxxxxxxx McGraw /s/ Xxxxxxx Xxxxx X. Xxxx X. Xxxxxxxx XxXxxx Chief Executive Officer Date: January 21, 2009 Date: January 20, 2009Xxxxxxx

Appears in 1 contract

Samples: Change in Control Agreement (Renasant Corp)

Term Expiration and Termination. This Agreement shall be effective as of January 1, 2009, and shall, unless earlier terminated as provided herein, terminate as of the first anniversary hereof; provided, that on the first anniversary of this Agreement and on each subsequent anniversary hereof, this Agreement shall be automatically extended for an additional one-year term unless the Company gives Executive notice of its intent not to renew this Agreement at least 60 days prior to the end of the initial term or any renewal term hereof. This Agreement shall be earlier terminated and the Company’s obligations hereunder shall cease upon Executive’s death, disability or termination of employment with the Company and its Affiliates for any reason, except as provided in Section 2.1 hereof. The Company may earlier terminate this Agreement for Cause, notwithstanding that Executive’s employment with the Company has not been terminated. This Agreement is executed in multiple counterparts as of the dates set forth below, each of which shall be deemed an original, to be effective as designated above. Renasant Corporation: Executive: By: /s/ X. Xxxxxxxx McGraw /s/ Xxxxxx X. Xxxxxxx X. Xxxx X. Xxxxxxxx XxXxxx Chief Executive Officer Date: January 21, 2009 Date: January 2015, 20092009 NO.99891227.3

Appears in 1 contract

Samples: Change in Control Agreement (Renasant Corp)

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Term Expiration and Termination. This Agreement shall be effective as of January 1, 2009, and shall, unless earlier terminated as provided herein, terminate as of the first anniversary hereof; provided, that on the first anniversary of this Agreement and on each subsequent anniversary hereof, this Agreement shall be automatically extended for an additional one-year term unless the Company gives Executive notice of its intent not to renew this Agreement at least 60 days prior to the end of the initial term or any renewal term hereof. This Agreement shall be earlier terminated and the Company’s obligations hereunder shall cease upon Executive’s death, disability or termination of employment with the Company and its Affiliates for any reason, except as provided in Section 2.1 hereof. The Company may earlier terminate this Agreement for Cause, notwithstanding that Executive’s employment with the Company has not been terminated. This Agreement is executed in multiple counterparts as of the dates set forth below, each of which shall be deemed an original, to be effective as designated above. Renasant Corporation: Executive: By: /s/ X. Xxxxxxxx McGraw /s/ Xxxxxxx X. Xxxx C. Xxxxxxxx Xxxxxxxxx X. Xxxxxxxx XxXxxx Chief Executive Officer Date: January 21, 2009 Date: January 202, 20092009 NO.99891227.3

Appears in 1 contract

Samples: Change in Control Agreement (Renasant Corp)

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