Common use of Termination of Proposed Change in Control Transaction Clause in Contracts

Termination of Proposed Change in Control Transaction. If, following a public announcement described in subsection (a), a proposed transaction is terminated without completion, this Agreement shall thereafter be construed as though no such announcement had ever been made; provided, however, that the rights associated with any termination of employment or the giving of a Notice of Termination during the interim period shall be determined without regard to this subsection.

Appears in 8 contracts

Samples: Change in Control Agreement (Vist Financial Corp), Change in Control Agreement (Vist Financial Corp), Control Agreement (Leesport Financial Corp)

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Termination of Proposed Change in Control Transaction. If, following a public announcement described in subsection Subsection (a), a proposed transaction is terminated without completion, this Agreement shall thereafter be construed as though no such announcement had ever been made; provided, however, that the rights associated with any termination of employment or the giving of a Notice of Termination during the interim period shall be determined without regard to this subsection.

Appears in 6 contracts

Samples: Change in Control Agreement (Peoples First Inc), Change in Control Agreement (Sovereign Bancorp Inc), Agreement (Sovereign Bancorp Inc)

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Termination of Proposed Change in Control Transaction. If, following a public announcement of a transaction involving an actual or potential Change in Control described in subsection (a)) above, a proposed transaction is terminated without completion, this Agreement shall thereafter be construed as though no such announcement had ever been made; provided, however, that the rights associated with any termination of employment or the giving of a Notice of Termination during the interim period shall be determined without regard to this subsection.

Appears in 2 contracts

Samples: Change in Control Agreement (Boardwalk Bancorp Inc), Change in Control Agreement (Boardwalk Bancorp Inc)

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