Common use of Change in Control Severance Protection Clause in Contracts

Change in Control Severance Protection. (a) Notwithstanding any provision herein to the contrary, in the event of the involuntary termination of Executive's employment during the term of this Agreement following any Change in Control of the Bank or Parent, or within 12 months thereafter of such Change in Control, absent Cause, Executive shall be paid an amount equal to the

Appears in 4 contracts

Sources: Employment Agreement (Gateway Community Financial Corp), Employment Agreement (Gateway Community Financial Corp), Employment Agreement (Gateway Community Financial Corp)

Change in Control Severance Protection. (a) Notwithstanding any provision herein to the contrary, in the event of the involuntary termination of Executive's ’s employment during the term of this Agreement following any Change in Control of the Bank or Parent, or within 12 months thereafter of such Change in Control, absent Cause, Executive shall be paid an amount equal to thethe product of two times the total compensation paid to the Executive or accrued by the Bank (including amounts attributable to salary, bonus, deferred compensation and retirement plans) with respect

Appears in 3 contracts

Sources: Employment Agreement (Roma Financial Corp), Employment Agreement (Roma Financial Corp), Employment Agreement (Roma Financial Corp)

Change in Control Severance Protection. (a) Notwithstanding any provision herein to the contrary, in the event of the involuntary termination of Executive's employment during the term of this Agreement following any Change in Control of the Bank Company or ParentBank, or within 12 24 months thereafter of such Change in Control, absent Cause, Executive shall be paid an amount equal to the,

Appears in 1 contract

Sources: Employment Agreement (Kearny Financial Corp.)