Continuously Employed Sample Clauses
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Continuously Employed. The term “continuously employed” shall mean performance of duties as an employee of the Bank on a full-time basis without any material break in employment. A “material break in employment” shall be defined as (i) voluntary termination by Executive of his employment or termination by the Bank without cause of Executive’s employment for a period of ninety (90) consecutive days, (ii) termination by the Bank with cause, or (iii) a cumulative period of time totaling one hundred eighty (180) days during any calendar year, during which time Executive has ceased to perform his duties as an employee of the Bank on a full-time basis; provided, however, that a material break in employment shall not include any military leave, sick leave or other bona fide leave of absence (to be determined by the Board of Directors) of Executive.
Continuously Employed. “Continuously employed”, as used in Section 9, means continuously employed by the Bank but excludes any period of employment by a bank or financial institution acquired by or merged into the Bank and excludes any period of employment by the Bank if such period is separated from the current employment with the Bank by a break in service (other a break in service resulting solely from illness, disability or family leave).
Continuously Employed. The words “provided that Participant remains continuously employed by the Company through each such Normal Vesting Date.” in Paragraph 3(a) of the Agreement shall be deleted and replaced with “provided that a Termination Date shall not have occurred prior to each such Normal Vesting Date.” Vesting Period. The words “termination of employment” in Paragraphs 3(a) and 3(b) of the Agreement shall be deleted and replaced with “Termination Date”.
Continuously Employed. “Continuously Employed” means Employee’s continuous employment with the Company or any of its affiliates through the date specified.
Continuously Employed. Continuously employed", as used in Section 9, means continuously employed by the Bank but