Common use of Termination by the Company without Cause or by Participant for Good Reason Clause in Contracts

Termination by the Company without Cause or by Participant for Good Reason. If the Company terminates your employment without “Cause,” or you terminate your employment with the Company for “Good Reason,” each as defined in Exhibit A attached hereto and incorporated herein, you will vest in and receive a prorated portion of your Award Shares determined in the same manner as described in Section 5(b) hereinabove based on your termination date.

Appears in 7 contracts

Samples: Restricted Stock Award Agreement (Farmers National Banc Corp /Oh/), Restricted Stock Award Agreement (Farmers National Banc Corp /Oh/), Restricted Stock Award Agreement (Farmers National Banc Corp /Oh/)

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Termination by the Company without Cause or by Participant for Good Reason. If the Company terminates your employment without “Cause,” or you terminate your employment with the Company for “Good Reason,” each as defined in Exhibit A attached hereto and incorporated herein, you will vest in and receive be paid a prorated portion of your Target Performance-Based Cash Award Shares determined in the same manner as described in Section 5(b8(a) hereinabove based on your termination date.

Appears in 7 contracts

Samples: Performance Based Cash Award Agreement (Farmers National Banc Corp /Oh/), Performance Based Cash Award Agreement (Farmers National Banc Corp /Oh/), Performance Based Cash Award Agreement (Farmers National Banc Corp /Oh/)

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Termination by the Company without Cause or by Participant for Good Reason. If the Company terminates your employment without “Cause,” or you terminate your employment with the Company for “Good Reason,” each as defined in Exhibit A attached hereto and incorporated herein, you will vest in and receive a prorated portion of your XXX Award Shares determined in the same manner as described in Section 5(b8(a) hereinabove based on your termination date.

Appears in 5 contracts

Samples: Performance Based Equity Award Agreement (Farmers National Banc Corp /Oh/), Performance Based Equity Award Agreement (Farmers National Banc Corp /Oh/), Performance Based Equity Award Agreement (Farmers National Banc Corp /Oh/)

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