Common use of Compensation Upon Termination by the Bank for Cause Clause in Contracts

Compensation Upon Termination by the Bank for Cause. In the event the Executive’s employment shall be terminated by the Bank for Cause as provided by Section 6(a) above, he shall be entitled to receive his Accrued Obligations only.

Appears in 4 contracts

Samples: Employment Agreement (Meridian Bancorp, Inc.), Employment Agreement (Meridian Bancorp, Inc.), Employment Agreement (Meridian Interstate Bancorp Inc)

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Compensation Upon Termination by the Bank for Cause. In the event the Executive’s 's employment shall be terminated by the Bank for Cause as provided by Section 6(a) above, he she shall be entitled to receive his her Accrued Obligations only.

Appears in 1 contract

Samples: Employment Agreement (Meridian Interstate Bancorp Inc)

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Compensation Upon Termination by the Bank for Cause. In the event the Executive’s 's employment shall be terminated by the Bank for Cause as provided by Section 6(a) above, he shall be entitled to receive his Accrued Obligations only.

Appears in 1 contract

Samples: Employment Agreement (Meridian Interstate Bancorp Inc)

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