Common use of Discharge for Cause Clause in Contracts

Discharge for Cause. In accordance with the procedures hereinafter set forth, the Board may discharge the Executive from the Executive’s employment hereunder for Cause (as hereinafter defined). Except to the extent otherwise provided in Paragraphs 8, 11 and 12 with respect to certain post-Date of Termination obligations of the parties, this Agreement shall terminate immediately as of the Date of Termination in the event the Executive is discharged for Cause. Any discharge of the Executive for Cause shall be communicated by a Notice of Termination to the Executive given in accordance with Paragraph 14 of this Agreement.

Appears in 8 contracts

Samples: Release and Severance Agreement (Royal Financial, Inc.), Release and Severance Agreement (Mutual Federal Bancorp, Inc.), Release and Severance Agreement (Royal Financial, Inc.)

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Discharge for Cause. In accordance with the procedures hereinafter set forth, the Board may discharge the Executive from the Executive’s employment hereunder for Cause (as hereinafter defined). Except to the extent otherwise provided in Paragraphs 8, 11 12 and 12 13 with respect to certain post-Date of Termination obligations of the parties, this Agreement shall terminate immediately as of the Date of Termination in the event the Executive is discharged for Cause. Any discharge of the Executive for Cause shall be communicated by a Notice of Termination to the Executive given in accordance with Paragraph 14 15 of this Agreement.

Appears in 7 contracts

Samples: Employment Agreement, Release and Severance Agreement (Privatebancorp Inc), Release and Severance Agreement (Privatebancorp Inc)

Discharge for Cause. In accordance with the procedures hereinafter set forth, the Board may discharge the Executive from the Executive’s 's employment hereunder for Cause (as hereinafter defined). Except to the extent otherwise provided in Paragraphs 8, 11 12 and 12 13 with respect to certain post-Date of Termination obligations of the parties, this Agreement shall terminate immediately as of the Date of Termination in the event the Executive is discharged for Cause. Any discharge of the Executive for Cause shall be communicated by a Notice of Termination to the Executive given in accordance with Paragraph 14 15 of this Agreement.

Appears in 5 contracts

Samples: Release and Severance Agreement (Royal Financial, Inc.), Employment Agreement (Privatebancorp Inc), Employment Agreement (Privatebancorp Inc)

Discharge for Cause. In accordance with the procedures hereinafter set forth, the Board may discharge the Executive from the Executive’s his employment hereunder for Cause (as hereinafter defined). Except to the extent otherwise provided in Paragraphs 8, 11 and 12 Paragraph 8 with respect to certain post-Date of Termination obligations of the partiesEmployer, this Agreement shall terminate immediately as of the Date of Termination in the event the Executive is discharged for Cause. Any discharge of the Executive for Cause shall be communicated by a Notice of Termination to the Executive given in accordance with Paragraph 14 15 of this Agreement.

Appears in 3 contracts

Samples: Release and Severance Agreement (Privatebancorp Inc), Employment Agreement (Privatebancorp Inc), Release and Severance Agreement (Privatebancorp Inc)

Discharge for Cause. In accordance with the procedures hereinafter set forth, the Board may discharge the Executive from the Executive’s his employment hereunder for Cause (as hereinafter defined)Cause. Except to the extent otherwise provided in Paragraphs 8, 11 and 12 Section 9 with respect to certain post-Date of Termination obligations of the partiesCorporation, this Agreement shall terminate immediately as of the Date of Termination in the event the Executive is discharged for Cause. Any discharge of the Executive for Cause shall be communicated by a Notice of Termination to the Executive given in accordance with Paragraph 14 Section 15 of this Agreement.

Appears in 2 contracts

Samples: Change of Control Agreement (Wallace Computer Services Inc), Change of Control Agreement (Wallace Computer Services Inc)

Discharge for Cause. In accordance with the procedures hereinafter set forth, the Board may discharge the Executive from the Executive’s his employment hereunder for Cause (as hereinafter defined)Cause. Except to the extent otherwise provided in Paragraphs 8, 11 and 12 with respect to certain post-Date of Termination obligations of the partiesParagraph 9, this Agreement shall terminate immediately as of the Date of Termination in the event the Executive is discharged for Cause. Any discharge of the Executive for Cause shall be communicated by a Notice of Termination to the Executive given in accordance with Paragraph 14 15 of this Agreement.. For purposes of this Agreement, a

Appears in 1 contract

Samples: Employment Agreement (Northwest Indiana Bancorp)

Discharge for Cause. In accordance with the procedures hereinafter set forth, the Board Corporation may discharge the Executive from the Executive’s his employment hereunder for Cause (as hereinafter defined)Cause. Except to the extent otherwise provided in Paragraphs 8, 11 and 12 Paragraph 9 with respect to certain post-Date of Termination obligations of the partiesCorporation, this Agreement shall terminate immediately as of the Date of Termination in the event the Executive is discharged for Cause. Any discharge of the Executive for Cause shall be communicated by a Notice of Termination to the Executive given in accordance with Paragraph 14 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Alliance Imaging Inc /De/)

Discharge for Cause. In accordance with the procedures hereinafter set forth, the Board may discharge the Executive from the Executive’s employment hereunder for Cause (as hereinafter defined). Except to the extent otherwise provided in Paragraphs 8, 11 12 and 12 13 with respect to certain post-Date of Termination obligations of the parties, this Agreement shall terminate immediately as of the Date of Termination in the event the Executive is discharged for Cause. Any discharge of the Executive for Cause shall be communicated by a Notice of Termination to the Executive given in accordance with Paragraph 14 of this Agreement.is

Appears in 1 contract

Samples: Release and Severance Agreement (Mutual Federal Bancorp, Inc.)

Discharge for Cause. In accordance with the procedures hereinafter set forth, the Board may discharge the Executive from the Executive’s his employment hereunder for Cause (as hereinafter defined)Cause. Except to the extent otherwise provided in Paragraphs 8, 11 and 12 Paragraph 10 with respect to certain post-Date of Termination obligations of the partiesCorporation, this Agreement shall terminate immediately as of the Date of Termination in the event the Executive is discharged for Cause. Any discharge of the Executive for Cause shall be communicated by a Notice of Termination to the Executive given in accordance with Paragraph 14 16 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Wallace Computer Services Inc)

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Discharge for Cause. In accordance with the procedures hereinafter set forth, the Board may discharge the Executive from the Executive’s his employment hereunder for Cause (as hereinafter defined)Cause. Except to the extent otherwise provided in Paragraphs 8, 11 and 12 Paragraph 9 with respect to certain post-Date of Termination obligations of the partiesCorporation, this Agreement shall terminate immediately as of the Date of Termination in the event the Executive is discharged for Cause. Any discharge of the Executive for Cause shall be communicated by a Notice of Termination to the Executive given in accordance with Paragraph 14 of this Agreement.. For purposes

Appears in 1 contract

Samples: Employment Agreement (Alliance Imaging Inc /De/)

Discharge for Cause. In accordance with the procedures ------------------- hereinafter set forth, the Board may discharge the Executive from the Executive’s his employment hereunder for Cause (as hereinafter defined). Except to the extent otherwise provided in Paragraphs 8, 11 and 12 Paragraph 8 with respect to certain post-Date of Termination obligations of the partiesEmployer, this Agreement shall terminate immediately as of the Date of Termination in the event the Executive is discharged for Cause. Any discharge of the Executive for Cause shall be communicated by a Notice of Termination to the Executive given in accordance with Paragraph 14 15 of this Agreement.

Appears in 1 contract

Samples: Release and Severance Agreement (Private Bancorp Capital Trust I)

Discharge for Cause. In accordance with the procedures hereinafter set forth, the Board may discharge the Executive from the Executive’s his employment hereunder for Cause (as hereinafter defined). Except to the extent otherwise provided in Paragraphs 8, 11 and 12 Paragraph 8 with respect to certain post-Date of Termination obligations of the partiesEmployer, this Agreement shall terminate immediately as of the Date of Termination in the event the Executive is discharged for Cause. Any discharge of the Executive for Cause shall be communicated by a Notice of Termination to the Executive given in accordance with Paragraph 14 15 of this Agreement.. (c)

Appears in 1 contract

Samples: Release and Severance Agreement (First Midwest Bancorp Inc)

Discharge for Cause. In accordance with the procedures hereinafter set forth, the Board may discharge the Executive from the Executive’s his employment hereunder for Cause (as hereinafter defined). Except to the extent otherwise provided in Paragraphs 8, 11 and 12 Paragraph 7 with respect to certain post-Date of Termination obligations of the partiesEmployer, this Agreement shall terminate immediately as of the Date of Termination in the event the Executive is discharged for Cause. Any discharge of the Executive for Cause shall be communicated by a Notice of Termination (as hereinafter defined) to the Executive given in accordance with Paragraph 14 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Upbancorp Inc)

Discharge for Cause. In accordance with the procedures hereinafter set forth, the Board may discharge the Executive from the Executive’s his employment hereunder for Cause (as hereinafter defined). Except to the extent otherwise provided in Paragraphs 8, 11 and 12 Paragraph 8 with respect to certain post-Date of Termination obligations of the partiesEmployer, this Agreement Executive's employment with Employer shall terminate immediately as of the Date of Termination in the event the Executive is discharged for Cause. Any discharge of the Executive for Cause shall be communicated by a Notice of Termination to the Executive given in accordance with Paragraph 14 of this Agreement.

Appears in 1 contract

Samples: Release and Severance Agreement (Privatebancorp Inc)

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