Common use of Board and Officer Positions Clause in Contracts

Board and Officer Positions. Upon the voluntary or involuntary termination of the Employee’s employment for any reason, the Employee will be deemed to have resigned from all director and officer positions Employee may then hold with the Bank, the Holding Company, and any related or affiliated entity.

Appears in 3 contracts

Samples: Home Federal Bank Employment Agreement (Hf Financial Corp), Employment Agreement (Hf Financial Corp), Employment Agreement (Hf Financial Corp)

AutoNDA by SimpleDocs

Board and Officer Positions. Upon the voluntary or involuntary termination of the Employee’s employment for any reason, the Employee will be deemed to have resigned from all director and officer positions Employee may he then hold holds with the Bank, the Holding Company, and any related or affiliated entity.

Appears in 2 contracts

Samples: Employment Agreement (Hf Financial Corp), Employment Agreement (Hf Financial Corp)

Board and Officer Positions. Upon the voluntary or involuntary termination of the Employee’s 's employment for any reason, the Employee will be deemed to have resigned from all director and officer positions Employee may then hold with the Bank, the Holding Company, and any related or affiliated entity.

Appears in 2 contracts

Samples: Home Federal Bank Employment Agreement (Hf Financial Corp), Home Federal Bank Employment Agreement (Hf Financial Corp)

AutoNDA by SimpleDocs

Board and Officer Positions. Upon the voluntary or involuntary termination of the Employee’s 's employment for any reason, the Employee will be deemed to have resigned from all director and officer positions Employee may he then hold holds with the Bank, the Holding Company, and any related or affiliated entity.

Appears in 1 contract

Samples: Employment Agreement (Hf Financial Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!