AMENDED AND RESTATED EMPLOYMENT AGREEMENT BY AND BETWEEN FIRSTMERIT CORPORATION AND PAUL GREIGEmployment Agreement • January 23rd, 2008 • Firstmerit Corp /Oh/ • National commercial banks • Ohio
This Agreement will remain in effect from the Effective Date until May 31, 2009 (“Initial Term”), unless it terminates at an earlier date as provided in this Agreement or unless, before June 1, 2008, either Party delivers to the other a written “Notice of Intent Not To Renew” specifying the date this Agreement will terminate. If a Notice of Intent Not To Renew is delivered before June 1, 2008, this Agreement will expire at the end of the Initial Term. However, if a Notice of Intent Not To Renew is not delivered before June 1, 2008, this Agreement will continue for additional one year periods (“Additional One Year Terms”) unless either party delivers to the other a written Notice of Intent Not To Renew at least twelve (12) months before the beginning of the then Additional One-Year Term. For purposes of this Agreement, the Initial Term and any Additional One-Year Terms will be referred to collectively as the “Term.” Section 5.07 will apply to any termination of this Agreement through a
