TERMINATION COVENANTS. 20.1 For the purposes of clause 20 the term “Termination Date” shall mean the date of the termination of the Employment howsoever caused (including, without limitation, termination by the Company which is in repudiatory breach of this agreement).
TERMINATION COVENANTS. The covenants set forth in this Section 5, except for Subsection 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, whichever event occurs first.
TERMINATION COVENANTS. 7.1 At such time as Employee's employment by Employer terminates, whether during the initial term of employment or thereafter, Employee agrees that for six (6) months following such termination he will not engage (either individually or as an employee, director, consultant or representative of any other person or entity) in any business activity in which the Bank or any of its affiliates engages or has formulated plans to engage, within a twenty-five (25) mile radius of any location of the Bank, or any location of its affiliated banks.
TERMINATION COVENANTS. 21.1 For the purposes of clause 22 “
TERMINATION COVENANTS. The Executive shall be bound by the post termination covenants applicable to him and set out in Part F of the Schedule hereto.
TERMINATION COVENANTS. (a) The covenants set forth in Sections 2.1, 2.2 and 2.3 shall terminate as to Preferred Stockholders, the Warrant Investor, and as to any Observer, and be of no further force or effect, upon the date upon which the Company or a parent of the Company consummates a sale of securities pursuant to a registration statement filed by the Company under the Act in connection with the firm commitment underwritten offering of its securities to the general public or the date upon which the company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the 1934 Act, whichever event shall first occur.
TERMINATION COVENANTS. 1. If during the term hereof employee shall cease employment hereunder for any reason, then employee agrees that for one year following such termination he will not be employed in the banking business or any related field thereto in Duluth, Georgia or Gwinnett County, Georgia. Furthermore, following such termination employee agrees that he will not, without the prior written consent of the bank:
TERMINATION COVENANTS. 9.1 Save as expressly permitted hereunder, the Licensor shall not at any time after the date of this Agreement disclose or make available to any person for use for any purpose of himself or any other person, any information in relation to the Works or Future Works.
TERMINATION COVENANTS. (a) In consideration for the termination of the Agreements, the Company agrees as follows:
TERMINATION COVENANTS. 9.1 At such time as Employee's employment by Employer terminates, other than a termination of Employee by Employer without cause, whether during the initial contract period of employment or thereafter, Employee agrees that for six (6) months following such termination he will not engage (either individually or as an employee or representative of any other person or entity) in banking activities in which chartered national or state banks may at that time regally be engaged, within a five (5) mile radius of any location of the Bank, the Holding Company, or any location of the subsidiary banks identified prior to such termination.
