Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman of the Board of Directors and Chief Executive Officer of the Bank. During said period, Executive also agrees to serve, if elected, as an officer and director of any subsidiary or affiliate of the Bank. Failure to reelect Executive as Chief Executive Officer or failure to nominate Executive to the Board of Directors or failure to elect the Executive as the Chairman of the Board if elected as a director without the consent of the Executive shall constitute a breach of this Agreement.
Appears in 8 contracts
Samples: Employment Agreement (Maf Bancorp Inc), Employment Agreement (Maf Bancorp Inc), Employment Agreement (Maf Bancorp Inc)
Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman of the Board of Directors and Chief Executive Officer of the BankHolding Company. During said period, Executive also agrees to serve, if elected, as an officer and director of any subsidiary or affiliate of the BankHolding Company. Failure to reelect Executive as Chief Executive Officer or failure to nominate Executive to the Board of Directors or failure to elect the Executive as the Chairman of the Board if elected as a director director, without the consent of the Executive shall constitute a breach of this Agreement.
Appears in 8 contracts
Samples: Employment Agreement (Maf Bancorp Inc), Employment Agreement (Maf Bancorp Inc), Employment Agreement (Maf Bancorp Inc)
Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman of the Board of Directors President and Chief Executive Officer of the BankBank and the Company. During said period, Executive also agrees to serve, if elected, as an officer and director of any subsidiary or affiliate of the Bank. Failure to reelect Executive as President and Chief Executive Officer or failure to nominate Executive to the Board of Directors or failure to elect the Executive as the Chairman of the Board if elected as a director without the consent of the Executive during the term of this Agreement shall constitute a breach of this Agreement.
Appears in 5 contracts
Samples: Employment Agreement (Greene County Bancorp Inc), Employment Agreement (Great Pee Dee Bancorp Inc), Employment Agreement (Greene County Bancorp Inc)
Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman of the Board of Directors President and Chief Executive Officer of the BankBank and the Company, respectively. During said period, Executive also agrees to serveserve as a director of the Bank and the Company and, if elected, as an officer and director of any subsidiary or affiliate of the BankCompany. Failure to reelect Executive as President and Chief Executive Officer or failure to nominate Executive to the Board of Directors or failure to elect the Executive as the Chairman of the Board if elected as a director Company without the consent of Executive during the Executive term of this Agreement shall constitute a breach of this Agreement.
Appears in 3 contracts
Samples: Employment Agreement (Fidelity Bankshares Inc), Employment Agreement (Fidelity Bankshares Inc), Employment Agreement (Fidelity Bankshares Inc)
Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman of the Board of Directors President and Chief Executive Officer of the BankBank and the Company, respectively. During said period, Executive also agrees to serveserve as a director of the Bank and the Company and, if elected, as an officer and director of any subsidiary or affiliate of the Bank. Failure to reelect Executive as President and Chief Executive Officer or failure to nominate Executive to the Board of Directors or failure to elect the Executive as the Chairman of the Board if elected as a director Bank and the Company without the consent of Executive during the Executive term of this Agreement shall constitute a breach of this Agreement.
Appears in 3 contracts
Samples: Employment Agreement (Fidelity Bancshares Nc Inc /De/), Employment Agreement (Fidelity Bankshares Inc), Employment Agreement (Fidelity Bankshares Inc)
Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman of the Board of Directors President and Chief Executive Officer and, if elected, as a director of each of the Company and of the Bank. During said period, Executive also agrees to serve, if electedappointed, as an officer and and, if elected, as a director of any other subsidiary or affiliate of the BankCompany. Failure to reelect reappoint Executive as President and Chief Executive Officer or failure to nominate Executive to the Board of Directors or failure to elect the Executive as the Chairman of the Board if elected as a director Company and the Bank without the consent of Executive during the Executive term of this Agreement shall constitute a breach of this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (First Federal Bankshares Inc), Employment Agreement (First Federal Bankshares Inc)
Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman of the Board of Directors and Chief Executive Officer of the Bank. During said period, Executive also agrees to serve, if elected, as an officer and director of any subsidiary or affiliate of the Bank. Failure to reelect reappoint Executive as Chief Executive Officer or failure to nominate Executive to the Board of Directors or failure to elect the Executive as the Chairman of the Board if elected as a director without the consent of Executive during the Executive term of this Agreement shall constitute a breach of this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Jacksonville Bancorp Inc), Employment Agreement (Jacksonville Bancorp Inc)
Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman of the Board of Directors President and Chief Executive Officer of the BankBank and the Company. During said period, Executive also agrees to serve, if elected, as an officer and director of any subsidiary or affiliate of the Bank. Failure to reelect Executive as President and Chief Executive Officer or failure to nominate Executive to the Board of Directors or failure to elect the Executive as the Chairman of the Board if elected as a director Company and the Bank without the consent of the Executive during the term of this Agreement (except for any termination for Cause, as defined herein) shall constitute a breach of this Agreement.
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Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman of the Board of Directors a Director and as President and Chief Executive Officer of the Bank. During said period, Executive also agrees to serve, if elected, as an officer and director of any subsidiary or affiliate of the Bank. Failure to reelect Executive as a Director, President and Chief Executive Officer or failure to nominate Executive to the Board of Directors or failure to elect the Executive as the Chairman of the Board if elected as a director Bank without the consent of the Executive shall constitute a breach during the term of this Agreement, shall constitute an Event of Termination.
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Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman of the Board of Directors and Board/Chief Executive Officer of the Bank. During said period, Executive also agrees to serve, if elected, as an officer and director of any subsidiary or affiliate of the Bank. Failure to reelect Executive as Chairman of the Board/Chief Executive Officer or failure to nominate Executive to the Board of Directors or failure to elect the Executive as the Chairman of the Board if elected as a director without the consent of the Executive shall constitute a breach of this Agreement.
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Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman of the Board of Directors President and Chief Executive Officer of the BankBank and as President and Chief Executive Officer of the Company. During said period, Executive also agrees to serve, if elected, as an officer and director of the Bank, the Company, and of any subsidiary or affiliate of the BankEmployer. Failure to reelect Executive as President and Chief Executive Officer or failure to nominate Executive to the Board of Directors or failure to elect the Executive as the Chairman of the Board if elected as a director Bank and the Company without the consent of the Executive during the term of this Agreement shall constitute a breach of this Agreement.
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Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman of the Board of Directors President and Chief Executive Officer of the Bank. During said period, Executive also agrees to serve, if elected, as an officer and director of any subsidiary or affiliate of the Bank. Failure to reelect Executive as President and Chief Executive Officer or failure to nominate Executive to the Board of Directors or failure to elect the Executive as the Chairman of the Board if elected as a director without the consent of the Executive shall constitute a breach of this Agreement.
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Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman of the Board of Directors President and Chief Executive Officer of the Bank. During said period, Executive also agrees to serve, if elected, as an officer and director of any subsidiary or affiliate of the Bank. Failure to reelect Executive as President and Chief Executive Officer or failure to nominate Executive to the Board of Directors or failure to elect the Executive as the Chairman of the Board if elected as a director Bank without the consent of the Executive during the term of this Agreement shall constitute a breach of this Agreement.
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Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman Chief Executive Officer and President of the Board of Directors Company and Chairman and Chief Executive Officer of the Bank. During said period, Executive also agrees to serve, if electedelected or appointed, as an officer and or director of any subsidiary or affiliate of the Company or the Bank. Failure to reelect Executive as Chief Executive Officer or failure to nominate Executive to the Board of Directors or failure to elect the Executive as the Chairman any of the Board if elected as a director foregoing offices without the consent of Executive during the Executive term of this Agreement shall constitute a breach of this Agreement.
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Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as the Chairman of the Board of Directors and Chief Executive Officer of the BankDirectors. During said period, Executive also agrees to serve, if elected, as an officer and director of any subsidiary or affiliate of the Bank. Failure to reelect Executive as Chief Executive Officer Bank or failure to nominate Executive to the Board of Directors or failure to elect the Executive as the Chairman of the Board if elected as a director without the consent of the Executive shall constitute a breach of this Agreement.
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Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman of the Board of Directors and Chief Executive Officer of the BankBank and the Company. During said period, Executive also agrees to serve, if elected, as an officer and director of any subsidiary or affiliate of the Bank. Failure to reelect Executive as Chief Executive Officer or failure to nominate Executive to Chairman of the Board of Directors or failure to elect the Executive as the Chairman of the Board if elected as a director Company and the Bank without the consent of the Executive during the term of this Agreement (except for any termination for Cause, as defined herein) shall constitute a breach of this Agreement.
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Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman President and Chief Executive Officer, and a member of the Board of Directors and Chief Executive Officer Directors, of the BankBank and the Company. During said period, Executive also agrees to serve, if elected, as an officer and director of any subsidiary or affiliate of the Bank. Failure to reelect Executive as the President and Chief Executive Officer or failure to nominate Executive to Officer, and a member of the Board of Directors or failure to elect the Executive as the Chairman Directors, of the Board if elected as a director Bank and the Company without the consent of the Executive during the term of this Agreement shall constitute a breach of this Agreement.
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Position and Responsibilities. During the period of his employment hereunder, Executive agrees to serve as Chairman of the Board of Directors and Chief Executive Officer and President of the Bank. During said period, Executive also agrees to serve, if elected, as an officer and director of any subsidiary or affiliate of the Bank. Failure to reelect Executive as President and Chief Executive Officer or failure to nominate Executive to the Board of Directors or failure to elect the Executive as the Chairman of the Board if elected as a director without the consent of the Executive during the term of this Agreement shall constitute a breach of this Agreement.
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