Common use of Trigger Events Clause in Contracts

Trigger Events. The Executive shall be entitled to collect the severance benefits set forth in subsection (b) hereof in the event that either (i) the Executive voluntarily terminates employment either for any reason other than Just Cause within the 30-day period beginning on the date of a Change in Control, (ii) the Executive voluntarily terminates employment within 90 days of an event that both occurs during the Protected Period and constitutes Good Reason, or (iii) the Bank or its successor(s) in interest terminates the Executive's employment without his written consent and for any reason other than Just Cause during the Protected Period.

Appears in 8 contracts

Samples: Employment Agreement (HFB Financial Corp), Employment Agreement (HFB Financial Corp), Employment Agreement (HFB Financial Corp)

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