Effect of Termination on Other Positions. If, on the Date of Termination, the Executive is a member of the Company Board, the Bank Board, or the board of directors of any of [[Bank:Organization]]’s subsidiaries or holds any other position with [[Bank:Organization]] or its subsidiaries, the Executive shall be deemed to have resigned from all such positions as of the date of the Executive’s termination of employment with [[Bank:Organization]]. The Executive agrees to execute such documents and take such other actions as [[Bank:Organization]] may request to reflect such resignation.

Effect of Termination on Other Positions. If, on the Date of Termination, the Executive is a member of the Company Board, the Bank Board, or the board of directors of any of [[Bank:Organization]]’s subsidiaries or holds any other position with [[Bank:Organization]] or its subsidiaries, the Executive shall be deemed to have resigned from all such positions as of the date of the Executive’s termination of employment with [[Bank:Organization]]. The Executive agrees to execute such documents and take such other actions as [[Bank:Organization]] may request to reflect such resignation.

Effect on Other Benefits. The value of the shares of Restricted Stock subject hereto shall not be considered eligible earnings for purposes of any other plan maintained by [[Company:Organization]], and such value shall not be considered part of the Grantee’s compensation for purposes of determining or calculating other benefits that are based on compensation, such as life insurance.

Effect on Other Benefits. The value of the Restricted Stock Units and the shares of Stock and dividend equivalents potentially distributable hereunder shall not be considered eligible earnings for purposes of any other plan maintained by [[Company:Organization]], and such value shall not be considered part of the Grantee’s compensation for purposes of determining or calculating other benefits that are based on compensation, such as life insurance.

This Agreement shall continue in force until notice of termination is given in accordance with the Communications section of this Agreement: # by Customer to HSBC at any time in writing or # by HSBC to Customer upon at least five (5) days’ notice of such termination. Termination of this Agreement shall not, however, relieve either party of any liability or obligation incurred prior to such termination. Once notice of termination has been given by either HSBC or Customer, HSBC shall be under no obligation to accept any new Contracts or orders under this Agreement.

Effect on Other Plans. This Plan shall not alter, enlarge or diminish any person’s rights or obligations under any other benefit plan maintained by RLI or any Affiliate.

Effect of Termination on Other Positions. If, on the Date of Termination, the Executive is a member of the Board or the board of directors of any of the Company’s affiliates, or holds any other position with the Company or its affiliates, the Executive shall be deemed to have resigned from all such positions as of the Date of Termination. The Executive agrees to execute a letter of resignation and take such other reasonable actions as the Company may request to effect such resignation.

Effect on Other Benefits. The value of the Restricted Stock Units and the shares of Stock and dividend equivalents potentially distributable hereunder shall not be considered eligible earnings for purposes of any other plan maintained by [[Company:Organization]], and such value shall not be considered part of the Grantee’s compensation for purposes of determining or calculating other benefits that are based on compensation, such as life insurance.

Employment Termination; Other Positions. This Agreement and the employment of the Executive shall terminate upon the occurrence of any of the following:

Effect on Other Plans. Participation in the Plan shall not affect the eligibility of an employee or a non‑employee director of the Company to participate in any other benefit or incentive plan of the Company or any Subsidiary. Any awards made pursuant to the Plan shall not be taken into account in determining the benefits provided or to be provided under any other plan of the Company or any Subsidiary unless otherwise specifically provided in such other plan.