Common use of Significant Actions Clause in Contracts

Significant Actions. Unless otherwise specifically permitted by Company or Bank policy, Xxxxxxxx agrees not to undertake, or authorize any other employee of the Company or Bank to undertake, any of the following actions, except with the prior written consent of the Company Board (prior to becoming President and CEO of the Bank) or the Bank Board (after becoming the Bank's President and CEO), which consent may be withheld in either Board's absolute discretion, or except as authorized by the Company's CEO in certain instances noted below:

Appears in 1 contract

Samples: Employment Agreement (Cardinal Financial Corp)

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Significant Actions. Unless otherwise specifically permitted by Company or Bank policy, Xxxxxxxx agrees not to undertake, or authorize any other employee of the Company or Bank to undertake, any of the following actions, except with the prior written consent of the Company Bank's Board (prior to becoming President and CEO of the Bank) or the Bank Board (after becoming the BankBoard's President and CEO)designee, which consent may be withheld in either the Board's absolute discretion, or except as authorized by the Company's CEO in certain instances noted below:

Appears in 1 contract

Samples: Employment Agreement (Cardinal Financial Corp)

Significant Actions. Unless otherwise specifically permitted by Company or Bank policy, Xxxxxxxx Xxxxxxx agrees not to undertake, or authorize any other employee of the Company or Bank to undertake, any of the following actions, except with the prior written consent of the Company Company's Board (prior to becoming President and CEO of the Bank) or the written consent of the Bank Board (after becoming the Bank's President and CEO), which consent may be withheld in either Board's absolute discretion, or except as authorized by the Company's CEO in certain instances noted below:

Appears in 1 contract

Samples: Employment Agreement (Cardinal Financial Corp)

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Significant Actions. Unless otherwise specifically permitted by Company or Bank policy, Xxxxxxxx Xxxxxxxxx agrees not to undertake, or authorize any other employee of the Company or Bank to undertake, any of the following actions, except with the prior written consent of the Company Company's Board (prior to becoming President and CEO of the Bank) or the written consent of the Bank Board (after becoming the Bank's President and CEO), which consent may be withheld in either Board's absolute discretion, or except as authorized by the Company's CEO in certain instances noted below:

Appears in 1 contract

Samples: Employment Agreement (Cardinal Financial Corp)

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