Termination of Employment Due to Death. The Officer’s employment with the Bank shall terminate, automatically and without any further action on the part of any party to this Agreement, on the date of the Officer’s death. In such event, the Bank shall pay and deliver to his estate and surviving dependents and beneficiaries, as applicable, the Standard Termination Entitlements.
Appears in 18 contracts
Samples: Change of Control Agreement (Western New England Bancorp, Inc.), Merger Agreement (New Hampshire Thrift Bancshares Inc), Merger Agreement (New Hampshire Thrift Bancshares Inc)
Termination of Employment Due to Death. The Officer’s 's employment with the Bank shall terminateterminate automatically, automatically and without any further action on the part of any party to this Agreement, on the date of the Officer’s 's death. In such event, the Bank shall pay and deliver to his the Officer's estate and surviving dependents and designated beneficiaries, as applicable, the Standard Termination Entitlements.
Appears in 13 contracts
Samples: Change of Control Severance Agreement (Astoria Financial Corp), Change of Control Severance Agreement (Astoria Financial Corp), Change of Control Severance Agreement (Astoria Financial Corp)
Termination of Employment Due to Death. The Officer’s 's employment with the Bank shall terminate, automatically and without any further action on the part of any party to this Agreement, on the date of the Officer’s 's death. In such event, the Bank shall pay and deliver to his estate and surviving dependents and beneficiaries, as applicable, the Standard Termination Entitlements.
Appears in 10 contracts
Samples: Change of Control Agreement (Westbank Corp), Change of Control Agreement (Bridge Street Financial Inc), Change of Control Agreement (Bridge Street Financial Inc)
Termination of Employment Due to Death. The Officer’s 's employment with the Bank shall terminate, automatically and without any further action on the part of any party to this Agreement, on the date of the Officer’s 's death. In such event, the Bank shall pay and deliver to his the Officer's estate and surviving dependents and beneficiaries, as applicable, the Standard Termination Entitlements.
Appears in 4 contracts
Samples: Change of Control Agreement (Sterling Bancorp, Inc.), Change of Control Agreement (Sterling Bancorp, Inc.), Change of Control Agreement (Sterling Bancorp, Inc.)
Termination of Employment Due to Death. The Officer’s employment with the Bank shall terminate, automatically and without any further action on the part of any party to this Agreement, on the date of the Officer’s death. In such event, the Bank shall pay and deliver to his the Officer’s estate and surviving dependents and beneficiaries, as applicable, the Standard Termination Entitlements.
Appears in 4 contracts
Samples: Change of Control Agreement (Sterling Bancorp, Inc.), Change of Control Agreement (Sterling Bancorp, Inc.), Change of Control Agreement (Hudson City Bancorp Inc)
Termination of Employment Due to Death. The Officer’s 's employment with the Bank shall terminate, automatically and without any further action on the part of any party to this Agreement, on the date of the Officer’s 's death. In such event, the Bank shall pay and deliver to his her estate and surviving dependents and beneficiaries, as applicable, the Standard Termination Entitlements.
Appears in 3 contracts
Samples: Change of Control Agreement (Mystic Financial Inc), Change of Control Agreement (Mystic Financial Inc), Change of Control Agreement (Slades Ferry Bancorp)
Termination of Employment Due to Death. The Officer’s 's employment with the Bank shall terminate, automatically and without any further action on the part of any party to this Agreement, on the date of the Officer’s 's death. In such event, the Bank shall pay and deliver to the Officer (and, in the event of his death before payment, to his estate and surviving dependents and beneficiaries, as applicable, ) the Standard Termination Entitlements.
Appears in 2 contracts
Samples: Change of Control Agreement (Hudson City Bancorp Inc), Change of Control Agreement (Hudson City Bancorp Inc)
Termination of Employment Due to Death. The Officer’s 's employment with the Bank shall terminate, automatically and without any further action on the part of any party to this Agreement, on the date of the Officer’s death. In such event, the Bank shall pay and deliver to his estate and surviving dependents and beneficiaries, as applicable, the Standard Termination Entitlements.'s
Appears in 2 contracts
Samples: Change of Control Agreement (Mystic Financial Inc), Change of Control Agreement (Falmouth Bancorp Inc)
Termination of Employment Due to Death. The Officer’s employment with the Bank shall terminate, automatically and without any further action on the part of any party to this Agreement, on the date of the Officer’s death. In such event, the Bank shall pay and deliver to his estate and surviving dependents and beneficiaries, as applicable, the Standard Termination Entitlements.’s
Appears in 1 contract
Termination of Employment Due to Death. The OfficerExecutive’s employment with the Bank shall terminate, automatically and without any further action on the part of any party to this Agreement, on the date of the OfficerExecutive’s death. In such event, the :
(a) The Bank shall pay to the Executive’s estate his earned but unpaid compensation (including, without limitation, salary and deliver to all other items which constitute wages under applicable law) as of the date of his estate termination of employment. This payment shall be made at the time and surviving dependents and beneficiaries, as applicable, in the Standard Termination Entitlements.manner
Appears in 1 contract
