Common use of Terminating Event Clause in Contracts

Terminating Event. For purposes of this Agreement, the term "Terminating Event" shall mean any termination of the employment of the Executive with the Bank for any reason, whether or not such termination is initiated by the Bank, including without limitation termination for cause or by reason of the Executive's death or disability, or by the Executive, including without limitation resignation by reason of retirement or for no reason at all.

Appears in 7 contracts

Samples: Change in Control/Noncompetition Agreement (Enterprise Bancorp Inc /Ma/), Noncompetition Agreement (Enterprise Bancorp Inc /Ma/), Noncompetition Agreement (Enterprise Bancorp Inc /Ma/)

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Terminating Event. For purposes of this Agreement, the term "Terminating Event" shall mean any termination of the employment of the Executive with the Bank for any reason, whether or not such termination is initiated by the Bank, including without limitation termination for cause or by reason of the Executive's ’s death or disability, or by the Executive, including without limitation resignation by reason of retirement or for no reason at all.

Appears in 7 contracts

Samples: Change in Control/Noncompetition Agreement (Enterprise Bancorp Inc /Ma/), Change in Control/Noncompetition Agreement (Enterprise Bancorp Inc /Ma/), Change in Control/Noncompetition Agreement (Enterprise Bancorp Inc /Ma/)

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Terminating Event. For purposes of this Agreement, the term A "Terminating Event" shall mean any termination by the Bank of the employment of the Executive with the Bank for any reasonreason other than (a) death, whether or not such termination is initiated by the Bank, including without limitation termination for cause or by reason of the Executive's death or (b) disability, or by (c) Cause. Only the Executive, including without limitation resignation by reason of retirement or following shall constitute "Cause" for no reason at allsuch termination.

Appears in 1 contract

Samples: Special Termination Agreement (Benjamin Franklin Bancorp, M.H.C.)

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