Common use of Employment Period; Remaining Unexpired Employment Period Clause in Contracts

Employment Period; Remaining Unexpired Employment Period. (a) The terms and conditions of this Agreement shall be and remain in effect during the period of employment established under this Section 2 ("Employment Period"). The Employment Period shall be for a term of three years beginning on the date of this Agreement and ending on the third anniversary date of this Agreement (an "Anniversary Date"), plus such extensions, if any, as are provided for in this Agreement or otherwise agreed to by the Boards of Directors of the Company and the Bank (collectively, the "Boards"). (b) Nothing in this Agreement shall be deemed to prohibit the Company and/or the Bank at any time from terminating Xx. Xxxxxxxx'x employment during the Employment Period with or without notice for any reason; provided, however, that the relative rights and obligations of the Company and the Bank and Xx. Xxxxxxxx in the event of any such termination shall be determined under this Agreement.

Employment Period; Remaining Unexpired Employment Period. (a) The terms and conditions of this Agreement shall be and remain in effect during the period of employment established under this Section 2 ("Employment Period"). The Employment Period shall be for a term of three five years beginning on the date of this Agreement and ending on the third fifth anniversary date of this Agreement (an "Anniversary Date"), plus such extensions, if any, as are provided for in this Agreement or otherwise agreed to by the Boards of Directors of the Company and the Bank (collectively, the "Boards"). (b) Nothing in this Agreement shall be deemed to prohibit the Company and/or the Bank at any time from terminating Xx. Xxxxxxxx'x Xxxxx' employment during the Employment Period with or without notice for any reason; provided, however, that the relative rights and obligations of the Company and the Bank and Xx. Xxxxxxxx Xxxxx in the event of any such termination shall be determined under this Agreement.

Employment Period; Remaining Unexpired Employment Period. (a) The terms and conditions of this Agreement shall be and remain in effect during the period of employment established under this Section 2 ("Employment Period"). The Employment Period shall be for a term of three five years beginning on the date of this Agreement and ending on the third fifth anniversary date of this Agreement (an "Anniversary Date"), plus such extensions, if any, as are provided for in this Agreement or otherwise agreed to by the Boards of Directors of the Company and the Bank (collectively, the "Boards"). (b) Nothing in this Agreement shall be deemed to prohibit the Company and/or the Bank at any time from terminating Xx. Xxxxxxxx'x Mr. Hales' employment during the Employment Period with or without notice for xxxxxx xor any reason; provided, however, that the relative rights and obligations of the Company and the Bank and Xx. Xxxxxxxx Mr. Hales in the event of any such termination shall be determined under this xxxxx xxis Agreement.

Employment Period; Remaining Unexpired Employment Period. (a) The terms and conditions of this Agreement shall be and remain in effect during the period of employment established under this Section 2 ("Employment Period"). The Employment Period shall be for a term of three years beginning on the date of this Agreement and ending on the third anniversary date of this Agreement (an "Anniversary Date"), plus such extensions, if any, as are provided for in this Agreement or otherwise agreed to by the Boards of Directors of the Company and the Bank (collectively, the "Boards"). (b) Nothing in this Agreement shall be deemed to prohibit the Company and/or the Bank at any time from terminating Xx. Xxxxxxxx'x Xxxxxx'x employment during the Employment Period with or without notice for any reason; provided, however, that the relative rights and obligations of the Company and the Bank and Xx. Xxxxxxxx Xxxxxx in the event of any such termination shall be determined under this Agreement.

Employment Period; Remaining Unexpired Employment Period. (a) The terms and conditions of this Agreement shall be and remain in effect during the period of employment established under this Section 2 ("Employment Period"). The Employment Period shall be for a al term of three years beginning on the date of this Agreement and ending on the third anniversary date of this Agreement (an "Anniversary Date"), plus such extensions, if any, as are provided for in this Agreement or otherwise agreed to by the Boards of Directors of the Company and the Bank (collectively, the "Boards"). (b) Nothing in this Agreement shall be deemed to prohibit the Company and/or the Bank at any time from terminating Xx. Xxxxxxxx'x Xxxxxx'x employment during the Employment Period with or without notice for any reason; provided, however, that the relative rights and obligations of the Company and the Bank and Xx. Xxxxxxxx Xxxxxx in the event of any such termination shall be determined under this Agreement.