By the Employer. (a) for Cause at any time, upon written notice to the Employee, in which event the Employer will have no further obligation to the Employee except for the payment of any amounts due and owing under Section 4 on the effective date of the termination; or (b) without Cause or upon the Permanent Disability of Employee at any time, provided that the Employer gives the Employee sixty (60) days' prior written notice of its intent to terminate, in which event the Employer will be required to make the termination payments under Section 3.7.
Appears in 8 contracts
Samples: Employment Agreement (Old Line Bancshares Inc), Employment Agreement (Old Line Bancshares Inc), Employment Agreement (Community First Banking Co)
By the Employer. (a) for Cause at any time, upon written notice to the Employee, including the notice provided for in Section 1.6(c), in which event the Employer will have no further obligation to the Employee except for the payment of any amounts due and owing under Section 4 on the effective date of the termination; or
(b) without Cause or upon the Permanent Disability of Employee at any time, provided that the Employer gives the Employee sixty (60) days' prior upon written notice of its intent to terminatethe Employee, in which event the Employer will be required to make the termination payments under Section 3.7.
Appears in 6 contracts
Samples: Employment Agreement (Howard Bancorp Inc), Employment Agreement (Howard Bancorp Inc), Employment Agreement (Howard Bancorp Inc)