Anticipatory Termination

Anticipatory Termination. A termination of the Executive's employment without Cause or for Good Reason that occurs after a tender offer is announced for the Company or after material discussions have occurred with a possible acquirer with regard to a Transaction, provided, that such offer or discussions have not terminated.

Anticipatory Termination. Shall mean a termination of the Employee's employment prior to a Change of Control (other than a termination for Cause) which is determined to (i) be at the request of a third party who has indicated an intention or taken steps reasonably calculated to effect a Hostile Takeover or Change of Control and who subsequently effectuates a Hostile Takeover or Change of Control or (ii) have otherwise occurred in connection with, or in anticipation of, a Hostile Takeover or Change of Control which... actually occurs, and in either (i) or (ii), such Hostile Takeover or Change of Control constitutes a change in the ownership or effective control of the Company or a change in the ownership of a substantial portion of the assets of the Company, as described in Treasury Regulation Section 1.409A-3(i)(5). View More

Anticipatory Termination. If (A) the Executive's employment is terminated by the Company without Cause prior to a Change in Control and such termination was at the request or direction of a Person who has entered into an agreement with the Company the consummation of which would constitute a Change in Control and such Change in Control ultimately occurs or (B) if the Executive terminates his employment for Good Reason prior to a Change in Control and the circumstance or event which constitutes Good Reason occurs at the... request or direction of a Person who has entered into an agreement with the Company the consummation of which would constitute a Change in Control and such Change in Control ultimately occurs (each such termination described in clauses (A) and (B) being deemed to constitute a Qualifying Termination) View More

Anticipatory Termination. Anticipatory Termination means the involuntary termination of the Employee's employment by the Bank without Cause, or a deemed involuntary termination of employment by the Employee for Good Reason, in either case following public announcement of a proposed Change in Control and within120 days prior to the actual consummation of such Change in Control. For the avoidance of doubt, an Anticipatory Termination shall not be deemed to have occurred unless and until a Change in Control shall have... actually occurred. View More