No Severance after Termination for Cause. Despite any provision of this Severance Agreement to the contrary, under no circumstance shall the Executive be entitled to severance benefits if the Executive’s employment terminates for Cause. For purposes of this Severance Agreement the term Cause means the Executive shall have committed any of the following acts –
Appears in 4 contracts
Samples: Severance Agreement (Cape Fear Bank CORP), Severance Agreement (Cape Fear Bank CORP), Severance Agreement (Cape Fear Bank CORP)
