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Common use of Termination of Participation Clause in Contracts

Termination of Participation. The Executive's rights under this Agreement shall cease if the Executive's employment with the Bank terminates, except as provided in Section 2.2 (termination because of Disability), Section 2.3 (termination within 12 months after a Change in Control), or Section 2.4 (termination because of Early Retirement Age).

Appears in 7 contracts

Samples: Executive Survivor Income Agreement (Middlefield Banc Corp), Executive Survivor Income Agreement (Middlefield Banc Corp), Executive Survivor Income Agreement (Middlefield Banc Corp)

Termination of Participation. The Executive's ’s rights under this Agreement shall cease if the Executive's ’s employment with the Bank terminatesis terminated prior to the Normal Retirement Age, except as provided in Section section 2.2 (termination because of Disability), Section ) or section 2.3 (termination within 12 24 months after a Change in Control), or Section 2.4 (termination because of Early Retirement Age).

Appears in 3 contracts

Samples: Executive Survivor Income Agreement (Premierwest Bancorp), Executive Survivor Income Agreement (Premierwest Bancorp), Executive Survivor Income Agreement (Premierwest Bancorp)

Termination of Participation. The Executive's rights under Notwithstanding any provision of this Agreement to the contrary, this Agreement shall cease terminate if the Executive's ’s employment with the Bank terminatesterminates before the Normal Retirement Age for reasons other than Disability, except as provided in Section 2.2 (termination because of Disability), Section 2.3 (voluntary or involuntary termination within 12 24 months after a Change in Control), or Section 2.4 Control (termination because of Early Retirement Ageexcepting Termination for Cause).

Appears in 1 contract

Samples: Executive Survivor Income Agreement (Western Sierra Bancorp)

Termination of Participation. The Executive's rights under this Agreement shall cease if the Executive's employment with the Bank terminatesis terminated prior to the Early Retirement Age, except as provided in Section section 2.2 (termination because of Disability), Section ) or section 2.3 (termination within 12 24 months after a Change in Control), or Section 2.4 (termination because of Early Retirement Age).

Appears in 1 contract

Samples: Executive Survivor Income Agreement (Fauquier Bankshares Inc)

Termination of Participation. The Executive's rights under this Agreement shall cease if the Executive's employment with the Bank terminates, is terminated prior to the Normal Retirement Age. except as provided in Section section 2.2 (termination because of Disability), Section ) or section 2.3 (termination within 12 24 months after a Change in Control), or Section 2.4 (termination because of Early Retirement Age).

Appears in 1 contract

Samples: Executive Survivor Income Agreement (Premierwest Bancorp)