Payments to Executive Upon Termination of Employment. The CEO, with the approval of the Company’s board of directors, may terminate Executive’s employment under this Agreement at any time, but any termination other than Termination for Cause shall not prejudice Executive’s right to compensation or other benefits under this Agreement. Executive may voluntarily terminate his employment under this Agreement. The rights and obligations of the Company and Executive in the event of employment termination are set forth in this Agreement paragraph 7 as follows:
Appears in 4 contracts
Samples: Employment Agreement (Xenith Bankshares, Inc.), Employment Agreement (Xenith Bankshares, Inc.), Employment Agreement (Xenith Bankshares, Inc.)
Payments to Executive Upon Termination of Employment. The CEO, with the approval Boards of the Company’s board Directors of directors, Employers may terminate Executive’s 's employment under this Agreement at any time, ; but any termination other than Termination for Cause shall not prejudice Executive’s 's right to compensation or other benefits under this Agreement. Executive may voluntarily terminate his employment under this Agreement. The rights and obligations of the Company Employers and Executive in the event of employment such termination are set forth in this Agreement paragraph 7 as follows:
Appears in 4 contracts
Samples: Employment Agreement (GBC Bancorp Inc), Employment Agreement (GBC Bancorp Inc), Employment Agreement (GBC Bancorp Inc)
Payments to Executive Upon Termination of Employment. The CEO, with the approval of the Company’s board of directors, Bank Board may terminate Executive’s employment under this Agreement at any time, but any termination other than Termination for Cause shall not prejudice Executive’s right to compensation or other benefits under this Agreement. Executive may voluntarily terminate his employment under this Agreement. The rights and obligations of the Company Bank and Executive in the event of employment such termination are set forth in this Agreement paragraph 7 as follows:
Appears in 3 contracts
Samples: Employment Agreement (MetroCity Bankshares, Inc.), Employment Agreement (MetroCity Bankshares, Inc.), Employment Agreement (MetroCity Bankshares, Inc.)
Payments to Executive Upon Termination of Employment. The CEO, with the approval of the CompanyBank’s board of directors, may terminate Executive’s employment under this Agreement at any time, but any termination other than Termination for Cause shall not prejudice Executive’s right to compensation or other benefits under this Agreement. Executive may voluntarily terminate his employment under this Agreement. The rights and obligations of the Company Bank and Executive in the event of employment termination are set forth in this Agreement paragraph 7 as follows:
Appears in 2 contracts
Samples: Employment Agreement (Xenith Bankshares, Inc.), Employment Agreement (Xenith Bankshares, Inc.)
Payments to Executive Upon Termination of Employment. The CEO, with the approval Boards of Directors of the Company’s board of directors, Employers may terminate Executive’s employment under this Agreement at any time, but any termination other than Termination for Cause shall not prejudice Executive’s right to compensation or other benefits under this Agreement. Executive may voluntarily terminate his employment under this Agreement. The rights and obligations of the Company Employers and Executive in the event of employment termination are set forth in this Agreement paragraph 7 as follows:
Appears in 2 contracts
Samples: Employment Agreement (Atlantic Capital Bancshares, Inc.), Employment Agreement (Atlantic Capital Bancshares, Inc.)
Payments to Executive Upon Termination of Employment. The CEO, with the approval of the Company’s board of directors, directors may terminate Executive’s employment under this Agreement at any time, but any termination other than Termination for Cause shall not prejudice Executive’s right to compensation or other benefits under this Agreement. Executive may voluntarily terminate his employment under this Agreement. The rights and obligations of the Company and Executive in the event of employment termination are set forth in this Agreement paragraph 7 as follows:
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Payments to Executive Upon Termination of Employment. The CEO, with the approval Board of Directors of the Company’s board of directors, Bank may terminate Executive’s 's employment under this Agreement at any time, ; but any termination other than Termination for Cause shall not prejudice Executive’s 's right to compensation or other benefits provided under this Agreement. Executive may voluntarily terminate his employment under this Agreement. The rights and obligations of the Company Bank and Executive in the event of employment termination are set forth in this Agreement paragraph 7 as follows:
Appears in 1 contract
Payments to Executive Upon Termination of Employment. The CEO, with the approval Board of the Company’s board Directors of directors, Employer may terminate Executive’s 's employment under this Agreement at any time, ; but any termination other than Termination for Cause shall not prejudice Executive’s 's right to compensation or other benefits under this Agreement. Executive may voluntarily terminate his her employment under this Agreement. The rights and obligations of the Company Employer and Executive in the event of employment such termination are set forth in this Agreement paragraph 7 as follows:
Appears in 1 contract
Payments to Executive Upon Termination of Employment. The CEO, with the approval Board of the Company’s board Directors of directors, Employer may terminate Executive’s 's employment under this Agreement at any time, ; but any termination other than Termination for Cause shall not prejudice Executive’s 's right to compensation or other benefits under this Agreement. Executive may voluntarily terminate his employment under this Agreement. The rights and obligations of the Company Employer and Executive in the event of employment such termination are set forth in this Agreement paragraph 7 as follows:
Appears in 1 contract
Payments to Executive Upon Termination of Employment. The CEO, with the approval Board of Directors of the Company’s board of directors, Bank may terminate Executive’s 's employment under this Agreement at any time, ; but any termination other than Termination for Cause shall not prejudice Executive’s 's right to compensation or other benefits under this Agreement. Executive may voluntarily terminate his employment under this Agreement. The rights and obligations of the Company Bank and Executive in the event of employment such termination are set forth in this Agreement paragraph 7 as follows:
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