Employment Agreement Contract Clauses (172)

Employment Agreement. On the terms and conditions set forth in this Agreement, the Employer agrees to employ the Executive and the Executive agrees to continue to be employed by the Employer for the Employment Period set forth in Section 2 and in the positions and with the duties set forth in Section 3. Terms used herein with initial capitalization not otherwise defined are defined in Section 25.

Employment Agreement. From and after the date of this Second Amendment, any and all terms referring to the Employment Agreement, as used in all of the documents evidencing the employment of the Officer, shall mean the Employment Agreement as amended by this Second Amendment.

Employment Agreement. Except as expressly amended hereby, the Employment Agreement shall remain in full force and effect in accordance with its terms. EMPLOYER: EMPLOYEE: AMERICAN RIVER BANKSHARES By: /s/ Charles D. Fite /s/ Dan C. McGregor Charles D. Fite Dan C. McGregor Chairman of the Board By: /s/ David E. Ritchie, Jr. David E. Ritchie, Jr. Chief Executive Officer AMERICAN RIVER BANK By: /s/ Charles D. Fite Charles D. Fite Chairman of the Board

Employment Agreement. For 2019 only, you hereby acknowledge and agree that your opportunity to be paid and retain the Retention Bonus, as well as your opportunity to participate in an executive incentive plan to be adopted by the Company following the Effective Date with an annualized Target Bonus of no less than $1,035,000 on an annualized basis (and that otherwise satisfies the provisions of Section 2.3(b) of the Employment Agreement), shall satisfy the Company's obligations under Sections 2.3(b) and (c) of the Emp...loyment Agreement. Commencing with 2020, you shall be entitled to an Annual Bonus as described in Section 2.3(b) of the Employment Agreement with a Target Bonus of not less than 100% of your Annual Base 2 Salary. Except as otherwise specifically provided herein, all terms of the Employment Agreement remain in full force and effect. For the avoidance of doubt, in the event of your termination of employment, the provisions of Section 6.2 of the Employment Agreement shall apply, and your right to retain the Retention Bonus pursuant to this Agreement shall be in addition to, and not in lieu of, any payments or benefits to which you may be entitled under Section 6.2. View More

Employment Agreement. Executive and the Company are parties to that certain Employment Agreement, including addenda and ancillary agreements attached to and incorporated in or forming a part thereof, dated effective June 26, 2018, pursuant to which the Company employed Executive (the "Employment Agreement"). Capitalized terms used but not defined herein shall have the meanings given them in the Employment Agreement.

Employment Agreement. The employment agreement between Employee and the Company dated in or around October 2018 (the "Employment Agreement") shall terminate forever, and no party shall have any further obligation or liability thereunder, except that Employee acknowledges and agrees that Section 4.4 (Recoupment), Section 4.5 (Clawback Rights), Section 5 (Indemnification), Section 6 (D&O Insurance), Section 10 (Non-Solicitation), Section 11 (Confidential Information), Section 12 (Work Product and Copyrights), Section 1...3 (Inventions and Patents), Section 14 (Remedies), Section 22 (Severability), Section 23 (Waivers), Section 24 (Governing Law), Section 25 (409A Savings Clause), and Section 26 (Golden Parachute Limitation) of the Employment Agreement, and all provisions thereunder, shall remain in full force and effect in accordance with their terms through and following the Separation Date. View More

Employment Agreement. Executive acknowledges that the payments and arrangements contained in this Agreement shall constitute full and complete satisfaction of any and all payments and benefits to which Executive may be entitled as a result of his employment with the Company and the termination thereof. Executive agrees that, as of the Separation Date, this Agreement supersedes and replaces the severance terms of the Employment Agreement and that, provided the Company observes its obligations under this Agreement, the... Company has no further obligations to make any payments or provide any benefits to Executive under the terms of the Employment Agreement. Notwithstanding the foregoing and the termination of Executive's employment with the Company, Executive and the Company each acknowledge and agree that the following terms and conditions of the Employment Agreement remain in effect, as modified below: (a) Section 2(g), Compensation Recovery Policy, provided the Company represents that, as of the Separation Date, no act of fraud or misconduct has been brought to the attention of the Board that could trigger or potentially trigger application of the Compensation Recovery Policy; (b) Section 3(f), Indemnification and Insurance; provided that (i) the Company shall not propose any limitation of indemnification in the Articles or Bylaws that would limit or reduce Executive's indemnification protections as in effect on the Separation Date, and (ii) the Company shall deliver copies of any new D&O policies, endorsements, extensions or tail polices to Executive upon receipt from the carrier; (c) Section 5(a)(ii), the "Change in Control" definition and "Business Combination" definition; (d) Section 5(e), Section 280G; (e) Section 7, Work Product; (f) Section 8, Confidential Information; (g) Section 9, Non-compete, non-solicitation; (h) Section 10, Remedies; and (i) Section 11, Cooperation in Investigations and Proceedings; provided that Executive shall also perform consulting services for the Company for up to one month, as requested by the Chief Executive Officer, for the hourly rate set forth in Section 11. View More

Employment Agreement. Executive and the Company are parties to that certain Amended and Restated Employment Agreement dated May 1, 2015, pursuant to which the Company employed Executive (the "Employment Agreement"). Capitalized terms used but not defined herein shall have the meanings given them in the Employment Agreement.

Employment Agreement. Executive acknowledges and agrees that this Agreement supplements the Employment Agreement, which contains provisions that are independent of this Agreement, and that the parties' rights and obligations under the Employment Agreement are not modified or impaired by this Agreement, except to the extent expressly set forth herein. The obligations of the Bank under this Agreement, including its obligation to pay the compensation provided for in this Agreement, are contingent upon Executive's perfor...mance of Executive's obligations under this Agreement. View More

Employment Agreement. To the extent there is a conflict between the provisions of Section 2, 3 or 5 of this Agreement and that certain Employment Agreement, dated December 20, 2011, by and between the Company and the Participant (the "Employment Agreement"), the terms of the Employment Agreement shall govern.