Common use of Trigger Events Clause in Contracts

Trigger Events. The Employee shall be entitled to collect the severance benefits set forth in Subsection (b) hereof in lieu of any benefits under Section 10 hereof in the event that (i) a Change in Control occurs, or (ii) the Company or its successor(s) in interest terminate the Employee's employment without his written consent and for any reason other than Just Cause during the Protected Period.

Appears in 3 contracts

Samples: Employment Agreement (HCB Bancshares Inc), Employment Agreement (HCB Bancshares Inc), Employment Agreement (HCB Bancshares Inc)

AutoNDA by SimpleDocs

Trigger Events. The Employee shall be entitled to collect the severance benefits set forth in Subsection (b) hereof in lieu of any benefits under Section 10 hereof in the event that (i) a Change in Control occurs, or (ii) the Company Bank or its successor(s) in interest terminate the Employee's employment without his written consent and for any reason other than Just Cause during the Protected Period.

Appears in 2 contracts

Samples: Employment Agreement (HCB Bancshares Inc), Employment Agreement (HCB Bancshares Inc)

Trigger Events. The Employee shall be entitled to collect the severance benefits set forth in Subsection (b) hereof in lieu of any benefits under Section 10 hereof in the event that (i) a Change in Control occurs, or (ii) the Company Association or its successor(s) in interest terminate the Employee's employment without his written consent and for any reason other than Just Cause during the Protected Period.

Appears in 2 contracts

Samples: Employment Agreement (HCB Bancshares Inc), Employment Agreement (Rocky Ford Financial Inc)

Trigger Events. The Employee shall be entitled to collect the severance benefits set forth in Subsection (b) hereof in lieu of any benefits under Section 10 hereof in the event that (i) there is a Change in Control occursas defined herein, or (ii) the Bank or the Company or its their successor(s) in interest terminate the Employee's employment without his written consent and for any reason other than Just Cause during the Protected Period, or the Employee resigns from his employment with the Bank for Good Reason during the Protected Period, as defined herein.

Appears in 2 contracts

Samples: Employment Agreement (Community National Corp /Tn), Employment Agreement (Community National Corp /Tn)

Trigger Events. The Employee shall be entitled to collect the severance benefits set forth in Subsection (b) hereof in lieu of any benefits under Section 10 hereof in the event that (i) a Change in Control occurs, or (ii) the Company or its successor(s) in interest terminate the Employee's employment without his her written consent and for any reason other than Just Cause during the Protected Period.

Appears in 2 contracts

Samples: Employment Agreement (HCB Bancshares Inc), Employment Agreement (HCB Bancshares Inc)

Trigger Events. The Employee shall be entitled to collect the severance benefits set forth in Subsection (b) hereof in lieu of any benefits under Section 10 hereof in the event that (i) a Change in Control occurs, or (ii) the Company Association or its successor(s) in interest terminate the Employee's employment without his her written consent and for any reason other than Just Cause during the Protected Period.

Appears in 1 contract

Samples: Employment Agreement (HCB Bancshares Inc)

AutoNDA by SimpleDocs

Trigger Events. The Employee shall be entitled to collect the severance benefits set forth in Subsection (b) hereof in lieu of any benefits under Section 10 hereof in the event that (i) a Change in Control occurs, or (ii) the Company or its successor(s) in interest terminate the Employee's employment without his written consent and for any reason other than Just Cause during the Protected Period.the

Appears in 1 contract

Samples: Employment Agreement (HCB Bancshares Inc)

Trigger Events. The Employee shall be entitled to collect the severance benefits set forth in Subsection (b) hereof in lieu of any benefits under Section 10 hereof in the event that (i) a Change in Control occurs, or (ii) the Company Bank or its successor(s) in interest terminate the Employee's employment without his her written consent and for any reason other than Just Cause during the Protected Period.

Appears in 1 contract

Samples: Employment Agreement (HCB Bancshares Inc)

Trigger Events. The Employee shall be entitled to collect the severance benefits set forth in Subsection (b) hereof in lieu of any benefits under Section 10 hereof in the event that (i) a Change in Control occurs, or (ii) the Company or its successor(s) in interest terminate the Employee's employment without his written consent and for any reason other than Just Cause during the Protected Period.interest

Appears in 1 contract

Samples: Employment Agreement (HCB Bancshares Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!