Termination upon Expiration of the Term. If this Agreement and Executive’s employment with Employer terminate as a result of the expiration of the Term, Employer shall be obligated to pay to Executive only the Accrued Obligations and shall have no further obligations to Executive.
Appears in 3 contracts
Samples: Employment Agreement (Colony Bankcorp Inc), Employment Agreement (Colony Bankcorp Inc), Employment Agreement (Colony Bankcorp Inc)
Termination upon Expiration of the Term. If this Agreement and In the event Executive’s employment with Employer terminate as a result of is terminated by the Company or Executive upon the expiration of the Term, Employer Executive shall be obligated entitled to pay to Executive only the his Accrued Obligations and any Prior Bonus. Upon payment of such amounts and benefits, the Company shall have no further obligations obligation to Executive.
Appears in 2 contracts
Samples: Executive Employment Agreement (Dana Holding Corp), Executive Employment Agreement (Dana Holding Corp)
Termination upon Expiration of the Term. If this Agreement and Executive’s 's employment with Employer terminate as a result of the expiration of the Term, Employer shall be obligated to pay to Executive only the Accrued Obligations and shall have no further obligations to Executive.
Appears in 1 contract
