Common use of Suspension of Employment Clause in Contracts

Suspension of Employment. If the Employee is suspended and/or temporarily prohibited from participating in the conduct of the Bank's affairs by a notice served under Section 8(e)(3) or

Appears in 2 contracts

Samples: Employment Agreement (Landmark Bancshares Inc), Employment Agreement (Landmark Bancshares Inc)

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Suspension of Employment. If the Employee is suspended and/or temporarily prohibited from participating in the conduct of the Bank's affairs by a notice served under Section 8(e)(38 (e) or(3) or (g) (1) of the FDIA (12 U.S.C. 1818 (e) (3) and (g) (1)), the Bank's obligations under the Agreement shall be suspended as of the date of service, unless stayed

Appears in 1 contract

Samples: Employment Agreement (Landmark Bancshares Inc)

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Suspension of Employment. If the Employee is suspended and/or -------------------------- temporarily prohibited from participating in the conduct of the Savings Bank's affairs by a notice served under Section 8(e)(38 (e) (3) or

Appears in 1 contract

Samples: Employment Agreement (Advance Financial Bancorp)

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