Common use of Termination by the Employer without Cause; or by the Executive for Good Reason Clause in Contracts

Termination by the Employer without Cause; or by the Executive for Good Reason. If the Employer terminates the Executive’s employment without Cause pursuant to Section 7.2 or the Executive terminates his employment for Good Reason pursuant to Section 7.4, the Executive shall be entitled, subject to Section 8.6, to receive:

Appears in 3 contracts

Samples: Employment Agreement (Bar Harbor Bankshares), Merger Agreement (Lake Sunapee Bank Group), Employment Agreement (Bar Harbor Bankshares)

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Termination by the Employer without Cause; or by the Executive for Good Reason. If the Employer terminates the Executive’s employment without Cause pursuant to Section 7.2 or the Executive terminates his her employment for Good Reason pursuant to Section 7.4, or if the Employer fails to renew this Agreement following the initial Term, the Executive shall be entitled, subject to Section 8.68.7, to receive:

Appears in 1 contract

Samples: Employment Agreement (Bar Harbor Bankshares)

Termination by the Employer without Cause; or by the Executive for Good Reason. If the Employer terminates the Executive’s employment without Cause pursuant to Section 7.2 or the Executive terminates his employment for Good Reason pursuant to Section 7.4, the Executive shall be entitled, subject to Section 8.68.7, to receive:

Appears in 1 contract

Samples: Employment Agreement (Bar Harbor Bankshares)

Termination by the Employer without Cause; or by the Executive for Good Reason. If the Employer terminates the Executive’s employment without Cause pursuant to Section 7.2 or the Executive terminates his her employment for Good ​ ​ Reason pursuant to Section 7.4, or if the Employer fails to renew this Agreement following the initial Term, the Executive shall be entitled, subject to Section 8.68.7, to receive:

Appears in 1 contract

Samples: Employment Agreement (Bar Harbor Bankshares)

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Termination by the Employer without Cause; or by the Executive for Good Reason. If the Employer terminates the Executive’s employment without Cause pursuant to Section 7.2 or the Executive terminates his employment for Good Reason pursuant to Section 7.4, or if the Employer fails to renew this Agreement following the initial Term, the Executive shall be entitled, subject to Section 8.68.7, to receive:

Appears in 1 contract

Samples: Employment Agreement (Bar Harbor Bankshares)

Termination by the Employer without Cause; or by the Executive for Good Reason. If the Employer terminates the Executive’s employment without Cause pursuant to Section 7.2 or the Executive terminates his her employment for Good Reason pursuant to Section 7.4, or if the Employer fails to renew this Agreement following the initial Term, the Executive shall be entitled, subject to Section 8.68.7, to receive:

Appears in 1 contract

Samples: Employment Agreement (Bar Harbor Bankshares)

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