Common use of Termination by Executive for Good Reason Within Two Years After a Change in Control Clause in Contracts

Termination by Executive for Good Reason Within Two Years After a Change in Control. Executive may terminate his employment hereunder for Good Reason, simultaneously with or within two years after a Change in Control, upon 90 days’ written notice to the Bank; provided, however, that, if the Bank has corrected the basis for such Good Reason within 30 days after receipt of such notice, Executive may not terminate his employment for Good Reason, and therefore Executive’s notice of termination will automatically become null and void. At the time Executive’s employment is terminated by Executive for Good Reason (i.e., at the expiration of such notice period), the Term will terminate, all obligations of the Bank and Executive under Sections 1 through 5 of this Agreement will immediately cease (except for obligations which continue after termination of employment as expressly provided herein), and the Bank will pay Executive at the time specified in Section 7(g), and Executive will be entitled to receive, the following:

Appears in 23 contracts

Samples: Employment Agreement (Rockville Financial, Inc. /CT/), Employment Agreement (Rockville Financial, Inc. /CT/), Employment Agreement (Rockville Financial, Inc. /CT/)

AutoNDA by SimpleDocs

Termination by Executive for Good Reason Within Two Years After a Change in Control. Executive may terminate his employment hereunder for Good Reason, simultaneously with or within two years after a Change in Control, upon 90 days’ written notice to the Bank; provided, however, that, if the Bank has corrected the basis for such Good Reason within 30 days after receipt of such notice, Executive may not terminate his employment for Good Reason, and therefore Executive’s notice of termination will automatically become null and void. At the time Executive’s employment is terminated by Executive for Good Reason (i.e., at the expiration of such notice period), the Term will terminate, all obligations of the Bank and Executive under Sections 1 through 5 of this Agreement will immediately cease (except for obligations which continue after termination of employment as expressly provided herein), and the Bank will pay Executive at the time specified in Section 7(g)Executive, and Executive will be entitled to receive, the following:

Appears in 3 contracts

Samples: Employment Agreement (Rockville Financial Inc.), Employment Agreement (Rockville Financial Inc.), Employment Agreement (Rockville Financial Inc.)

Termination by Executive for Good Reason Within Two Years After a Change in Control. Executive may terminate his employment hereunder for Good Reason, simultaneously with or within two years after a Change in Control, upon 90 days’ written notice to the BankCompany; provided, however, that, if the Bank Company has corrected the basis for such Good Reason within 30 days after receipt of such notice, Executive may not terminate his employment for Good Reason, and therefore Executive’s notice of termination will automatically become null and void. At the time Executive’s employment is terminated by Executive for Good Reason (i.e., at the expiration of such notice period), the Term will terminate, all obligations of the Bank Company and Executive under Sections 1 through 5 of this Agreement will immediately cease (except for obligations which continue after termination of employment as expressly provided herein), and the Bank Company will pay Executive at the time specified in Section 7(g), and Executive will be entitled to receive, the following:

Appears in 3 contracts

Samples: Employment Agreement (Ims Health Inc), Employment Agreement (Ims Health Inc), Employment Agreement (Ims Health Inc)

Termination by Executive for Good Reason Within Two Years After a Change in Control. Executive may terminate his employment hereunder for Good Reason, simultaneously with or within two years after a Change in Control, upon 90 days’ written notice to the BankCompany; provided, however, that, if the Bank Company has corrected the basis for such Good Reason within 30 days after receipt of such notice, Executive may not terminate his employment for Good Reason, and therefore Executive’s notice of termination will automatically become null and void. At the time Executive’s employment is terminated by Executive for Good Reason (i.e., at the expiration of such notice period), the Term will terminate, all obligations of the Bank Company and Executive under Sections 1 through 5 of this Agreement will immediately cease (except for obligations which continue after termination of employment as expressly provided herein), and the Bank Company will pay Executive at the time specified in Section 7(g)Executive, and Executive will be entitled to receive, the following:

Appears in 2 contracts

Samples: Employment Agreement (Ims Health Inc), Employment Agreement (Ims Health Inc)

Termination by Executive for Good Reason Within Two Years After a Change in Control. Executive may terminate his her employment hereunder for Good Reason, simultaneously with or within two years after a Change in Control, upon 90 days’ written notice to the Bank; provided, however, that, if the Bank has corrected the basis for such Good Reason within 30 days after receipt of such notice, Executive may not terminate his her employment for Good Reason, and therefore Executive’s notice of termination will automatically become null and void. At the time Executive’s employment is terminated by Executive for Good Reason (i.e., at the expiration of such notice period), the Term will terminate, all obligations of the Bank and Executive under Sections 1 through 5 of this Agreement will immediately cease (except for obligations which continue after termination of employment as expressly provided herein), and the Bank will pay Executive at the time specified in Section 7(g)Executive, and Executive will be entitled to receive, the following:

Appears in 1 contract

Samples: Employment Agreement (Rockville Financial Inc.)

AutoNDA by SimpleDocs

Termination by Executive for Good Reason Within Two Years After a Change in Control. Executive may terminate his her employment hereunder for Good Reason, simultaneously with or within two years after a Change in Control, upon 90 days’ written notice to the BankCompany; provided, however, that, if the Bank Company has corrected the basis for such Good Reason within 30 days after receipt of such notice, Executive may not terminate his her employment for Good Reason, and therefore Executive’s notice of termination will automatically become null and void. At the time Executive’s employment is terminated by Executive for Good Reason (i.e., at the expiration of such notice period), the Term will terminate, all obligations of the Bank Company and Executive under Sections 1 through 5 of this Agreement will immediately cease (except for obligations which continue after termination of employment as expressly provided herein), and the Bank Company will pay Executive at the time specified in Section 7(g)Executive, and Executive will be entitled to receive, the following:

Appears in 1 contract

Samples: Employment Agreement (Ims Health Inc)

Termination by Executive for Good Reason Within Two Years After a Change in Control. Executive may terminate his employment hereunder for Good Reason, simultaneously with or within two years after a Change in Control, upon 90 days' written notice to the Bank; provided, however, that, if the Bank has corrected the basis for such Good Reason within 30 days after receipt of such notice, Executive may not terminate his employment for Good Reason, and therefore Executive’s 's notice of termination will automatically become null and void. At the time Executive’s 's employment is terminated by Executive for Good Reason (i.e., at the expiration of such notice period), the Term will terminate, all obligations of the Bank and Executive under Sections 1 through 5 of this Agreement will immediately cease (except for obligations which continue after termination of employment as expressly provided herein), and the Bank will pay Executive at the time specified in Section 7(g)Executive, and Executive will be entitled to receive, the following:

Appears in 1 contract

Samples: Employment Agreement (Rockville Financial Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.