Common use of Removal for Cause Clause in Contracts

Removal for Cause. In the event the Director is removed for Cause at any time prior to reaching his Benefit Age, he shall be entitled to receive the balance of his Elective Contribution Account, measured as of the date of removal. Such amount shall be paid in a lump sum within thirty (30) days of the Director’s date of removal. All other benefits provided for the Director or his Beneficiary under this agreement shall be forfeited and the Agreement shall become null and void.

Removal for Cause. In the event the Director is removed for Cause at any time prior to reaching his Benefit Age, he shall be entitled to receive the balance of his Elective Contribution Account, measured as of the date of removal. Such amount shall be paid in a lump sum within thirty (30) days of the Director’s date of removal. All other benefits provided for the Director or his Beneficiary under this agreement Agreement shall be forfeited and the Agreement shall become null and voidvoid with respect to such Director and/or Beneficiary.

Removal for Cause. In the event the Director is removed for Cause at any ----------------- time prior to reaching his Benefit Age, he shall be entitled to receive the balance of his Elective Contribution Account, measured as of the date of removal. Such amount shall be paid in a lump sum within thirty (30) days of the Director’s 's date of removal. All other benefits provided for the Director or his Beneficiary under this agreement Agreement shall be forfeited and the Agreement shall become null and voidvoid with respect to such Director.

Removal for Cause. In the event the Director is removed for Cause at any time prior by the Board of Directors pursuant to reaching his Benefit Agethe Bylaws of the Bank, he shall be entitled to receive the balance of paid his Elective Contribution Account, measured as of the date of removal. Such amount shall be paid Accrued Benefit in a lump sum within thirty (30) days of the Director’s 's date of removal. All other benefits provided for the Director or his Beneficiary under this agreement Agreement shall be forfeited and the Agreement shall become null and void.

Removal for Cause. In the event the Director is removed for Cause at any time tune prior to reaching his Benefit Age, he shall be entitled to receive that portion of the balance Accrued Benefit Account that is made up of his Elective Contribution Accountdeferred compensation, measured as of the date of removal. Such amount shall be paid in a lump sum within thirty (30) days of the Director’s 's date of removal. All other benefits provided for the Director or his Beneficiary under this agreement Plan shall be forfeited and the Agreement Plan shall become null and voidvoid with respect to such Director.