Common use of Tolling/Autoextender Clause in Contracts

Tolling/Autoextender. Any period of restriction contained herein shall be extended and tolled for any period of breach, such that the Bank receives the full benefit of the bargain with respect to the agreed upon period of restriction. ​

Appears in 2 contracts

Samples: Employment Agreement (Old Second Bancorp Inc), Employment Agreement (Old Second Bancorp Inc)

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Tolling/Autoextender. Any period of restriction contained herein shall be extended and tolled for any period of breach, such that the Company and the Bank receives receive the full benefit of the bargain with respect to the agreed upon period of restriction. ​.

Appears in 1 contract

Samples: Executive Employment Agreement (Old Second Bancorp Inc)

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Tolling/Autoextender. Any period of restriction contained herein shall be extended and tolled for any period of breach, such that the Bank receives the full benefit of the bargain with respect to the agreed upon period of restriction. ​.

Appears in 1 contract

Samples: Executive Employment Agreement (Old Second Bancorp Inc)

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