Remaining Unexpired Employment Period definition

Remaining Unexpired Employment Period as of any date shall mean the period beginning on such date and ending on the Anniversary Date on which the Employment Period (as extended pursuant to section 2(a) of this Agreement) is then scheduled to expire.

Remaining Unexpired Employment Period as of any date shall mean the period beginning on such date and ending on the last day of the Employment Period taking into account any extensions under this section 2(b). Upon termination of the Executive's employment with the Company or the Bank for any reason whatsoever, any daily extensions provided pursuant to this section 2(b), if not theretofore discontinued, shall automatically cease.

Remaining Unexpired Employment Period as of any date shall mean the period beginning on such date and ending on: (i) if a notice of non-extension has been given in accordance with this section 2(b), the third (3rd) anniversary of the date on which such notice is given; and (ii) in all other cases, the third (3rd) anniversary of the date as of which the Remaining Unexpired Employment Period is being determined. Upon termination of the Executive's employment with the Holding Company for any reason whatsoever, any daily extensions provided pursuant to this section 2(b), if not therefore discontinued, shall automatically cease.

Examples of Remaining Unexpired Employment Period in a sentence

• The "Remaining Unexpired Employment Period" shall be the remaining period of the Employment Period subject to such extensions as the Board may determine pursuant to this paragraph unless modified by this Agreement.

• Any reference in this Agreement to the term "Remaining Unexpired Employment Period" as of any date shall mean the period beginning on such date and ending on the day of the third (3rd) anniversary of the Closing Date.

• The "Remaining Unexpired Employment Period" at any date shall be the remaining period of the Employment Period after giving effect to any extensions already authorized as of such date.

• For all purposes of this Agreement, the term "Remaining Unexpired Employment Period" as of any date shall mean the period beginning on such date and ending on the Anniversary Date on which the Employment Period (as extended pursuant to section 2(a) of this Agreement) is then scheduled to expire.

• If the end of the Initial Continuation Period is neither the LTD Eligibility Date nor the date of his death, the Company and the Bank shall continue to pay the Executive his base salary, at an annual rate equal to sixty percent (60%) of the annual rate in effect for him immediately prior to the termination of his employment, during an additional period ending on the earliest of the LTD Eligibility Date, the date of his death and the expiration of the Remaining Unexpired Employment Period.

More Definitions of Remaining Unexpired Employment Period

Remaining Unexpired Employment Period as of any date shall mean (i) for purposes of determining the rights and obligations of the Company and the Executive to each other, the period beginning on such date and ending on the day before the third (3rd) anniversary of the earliest of the date in question, any earlier date on which the Executive or the Company is deemed to have given a notice to discontinue extensions of the Employment Period, and any earlier date on which the Executive's employment with the Company was terminated; and (ii) for purposes of determining the rights and obligations of the Bank and the Executive to each other, the period beginning on such date and ending on the day before the third (3rd) anniversary of the Employment Commencement Date or, if later, on the day before the third (3rd) anniversary of the last Anniversary Date as of which the Employment Period was extended pursuant to section 2(b)(ii).

Remaining Unexpired Employment Period as of any date shall mean the period beginning on such date and ending on:

Remaining Unexpired Employment Period means three years beginning on the effective date of the Change of Control, even if such three-year period extends beyond the date the Executive attains age 68.

Remaining Unexpired Employment Period as of any date shall mean the period beginning on such date and ending on the day before the third (3/rd/) anniversary of the Employment Commencement Date or, if later, on the day before the third (3/rd/) anniversary of the last Anniversary Date as of which the Employment Period was extended pursuant to section 2(b).

Remaining Unexpired Employment Period means the remaining portion of the Employment Period, as may be extended pursuant to Section 2(b).

Remaining Unexpired Employment Period means the period beginning on the effective date of the Change of Control and ending on the second anniversary of such date.

Remaining Unexpired Employment Period as of any date shall mean the period beginning on such date and ending on the Anniversary Date on which the Employment Period (as extended pursuant to section 2(a) of this Agreement) is then scheduled to expire. Nothing in this Agreement shall be deemed to prohibit the Bank at any time from terminating Xx. Xxxxxxxxx'x employment during the Employment Period with or without notice for any reason; provided, however, that the relative rights and obligations of the Bank and Xx. Xxxxxxxxx in the event of any such termination shall be determined under this Agreement.