Common use of Termination by the Officer Clause in Contracts

Termination by the Officer. (A) In the event of the Officer's voluntary termination, the Officer shall not have the right to receive compensation or benefits as provided hereunder after such date of termination, except to the extent that the Officer may be legally entitled to participate by virtue of COBRA or any other State of Federal law concerning employee rights to benefits upon termination.

Appears in 20 contracts

Samples: Employment Contract (Yardville National Bancorp), Employment Contract (Yardville National Bancorp), Employment Contract (Yardville National Bancorp)

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Termination by the Officer. (Aa) In the event of the Officer's voluntary termination, the Officer shall not have the right to receive compensation or benefits as provided hereunder after such date of termination, except to the extent extend that the Officer may be legally entitled to participate by virtue of COBRA or any other State of Federal law Law concerning employee rights to benefits upon termination.

Appears in 7 contracts

Samples: Employment Contract (Yardville National Bancorp), Employment Contract (Yardville National Bancorp), Employment Contract (Yardville National Bancorp)

Termination by the Officer. (Aa) In the event of the Officer's voluntary termination, the Officer shall not have the right to receive compensation or benefits as provided hereunder after such date of termination, except to the extent that the Officer may be legally entitled to participate by virtue of COBRA or any other State of or Federal law Law concerning employee rights to benefits upon termination.

Appears in 6 contracts

Samples: Employment Contract (Yardville National Bancorp), Employment Contract (Yardville National Bancorp), Employment Contract (Yardville National Bancorp)

Termination by the Officer. (A) In the event of the Officer's ’s voluntary termination, the Officer shall not have the right to receive compensation or benefits as provided hereunder after such date of termination, except to the extent that the Officer may be legally entitled to participate by virtue of COBRA or any other State of Federal law concerning employee rights to benefits upon termination.

Appears in 3 contracts

Samples: Employment Contract (Yardville National Bancorp), Employment Contract (Yardville National Bancorp), Employment Contract (Yardville National Bancorp)

Termination by the Officer. (Aa) In the event of the Officer's voluntary termination, the Officer shall not have the right to receive compensation or benefits as provided hereunder after such date of termination, except to the extent that the Officer may be legally entitled to participate by virtue of COBRA or any other State of Federal law Law concerning employee rights to benefits upon termination.

Appears in 3 contracts

Samples: Employment Contract (Yardville National Bancorp), Employment Contract (Yardville National Bancorp), Employment Contract (Yardville National Bancorp)

Termination by the Officer. (A) In the event of the Officer's voluntary termination, the Officer shall not have the right to receive compensation or benefits as provided hereunder after such date of termination, except to the extent that the Officer may be legally entitled to participate by virtue of COBRA or any other State of Federal law concerning employee rights to benefits upon termination.. 4

Appears in 1 contract

Samples: Employment Contract (Yardville National Bancorp)

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Termination by the Officer. (AC) In the event of the Officer's ’s voluntary termination, the Officer shall not have the right to receive compensation or benefits as provided hereunder after such date of termination, except to the extent that the Officer may be legally entitled to participate by virtue of COBRA or any other State of Federal law concerning employee rights to benefits upon termination.

Appears in 1 contract

Samples: Employment Contract (Yardville National Bancorp)

Termination by the Officer. (Aa) In the event of the Officer's voluntary termination, the Officer shall not have the right to receive compensation or benefits as provided hereunder after such date of termination, except to the extent extend that the Officer officer may be legally entitled to participate by virtue of COBRA or any other State of Federal law Law concerning employee rights to benefits upon termination.

Appears in 1 contract

Samples: Employment Contract (Yardville National Bancorp)

Termination by the Officer. (AB) In the event of the Officer's ’s voluntary termination, the Officer shall not have the right to receive compensation or benefits as provided hereunder after such date of termination, except to the extent that the Officer may be legally entitled to participate by virtue of COBRA or any other State of Federal law concerning employee rights to benefits upon termination.

Appears in 1 contract

Samples: Employment Contract (Yardville National Bancorp)

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