Common use of Termination by Bank for Cause Clause in Contracts

Termination by Bank for Cause. If the Bank terminates Executive’s employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminates, the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of his termination. Executive will have no right to receive compensation or other benefits for any period after termination under this Section 8(a).

Appears in 7 contracts

Samples: Employment Agreement (Glacier Bancorp Inc), Employment Agreement (Glacier Bancorp Inc), Employment Agreement (Glacier Bancorp Inc)

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Termination by Bank for Cause. If the Bank terminates Executive’s 's employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminates, the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of his termination. Executive will have no right to receive compensation or other benefits for any period after termination under this Section 8(a10(a).

Appears in 5 contracts

Samples: Employment Agreement (Pacific Continental Corp), Employment Agreement (Pacific Continental Corp), Employment Agreement (Pacific Continental Corp)

Termination by Bank for Cause. If the Bank terminates Executive’s 's employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminates, the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of his termination. Executive will have no right to receive compensation or other benefits for any period after termination under this Section 8(a).

Appears in 5 contracts

Samples: Employment Agreement (Glacier Bancorp Inc), Employment Agreement (Glacier Bancorp Inc), Employment Agreement (Glacier Bancorp Inc)

Termination by Bank for Cause. If the Bank terminates Executive’s employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminates, the Bank Executive will pay Executive the salary be entitled to receive all compensation and benefits earned and expenses reimbursable under this Agreement incurred through the date of his termination, and in the case of a termination by the Executive without Good Reason, the remaining SERP Benefit payable annually. Executive will shall have no right to receive compensation or other benefits for any period after termination under this Section 8(a)termination.

Appears in 3 contracts

Samples: Employment Agreement (Jefferson Bancshares Inc), Employment Agreement (HomeTrust Bancshares, Inc.), Employment Agreement (HomeTrust Bancshares, Inc.)

Termination by Bank for Cause. If the Bank terminates Executive’s employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminates, the Bank Executive will pay Executive the salary be entitled to receive all compensation and benefits earned and expenses reimbursable under this Agreement incurred through the date of his termination. Executive will shall have no right to receive compensation or other benefits for any period after termination under this Section 8(a)termination.

Appears in 2 contracts

Samples: Employment Agreement (Jefferson Bancshares Inc), Employment Agreement (HomeTrust Bancshares, Inc.)

Termination by Bank for Cause. If If, during the Term, the Bank terminates Executive’s 's employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminates), the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of his termination. Executive will have no right to receive compensation or other benefits for any period after termination under this Section 8(a)9. Additionally, and immediately upon termination, all equity grants that are vested and all equity grants not yet vested shall terminate and may no longer be exercised.

Appears in 2 contracts

Samples: Employment Agreement (Pacific Continental Corp), Employment Agreement (Pacific Continental Corp)

Termination by Bank for Cause. If If, before the end of the Term, the Bank terminates Executive’s employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminatesReason, the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of his Executive’s termination. At the election of the Bank, Executive will have no right be subject to the noncompetition and nonsolicitation requirements as described in Section 13 and will receive noncompetition compensation or other benefits for any period after termination under this as described in Section 8(a)13e.

Appears in 1 contract

Samples: Employment Agreement (First Community Financial Group Inc)

Termination by Bank for Cause. If If, during the Term, the Bank ----------------------------- terminates Executive’s 's employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminates), the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of his termination. Executive will have no right to receive compensation or other benefits for any period after termination under this Section 8(a)9.

Appears in 1 contract

Samples: Employment Agreement (Pacific Continental Corp)

Termination by Bank for Cause. If the Bank terminates Executive’s 's employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminates, the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of his termination. Executive will have no right to receive compensation or other benefits for any period after termination under this Section 8(a9(a).

Appears in 1 contract

Samples: Employment Agreement (Glacier Bancorp Inc)

Termination by Bank for Cause. If If, during the Term, the Bank terminates Executive’s employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminates), the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of his termination. Executive will have no right to receive compensation or other benefits for any period after termination under this Section 8(a)9.

Appears in 1 contract

Samples: Employment Agreement (Pacific Continental Corp)

Termination by Bank for Cause. If If, before the end of the Term, the Bank terminates Executive’s 's employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminatesReason, the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of his Executive's termination. Executive will have no right to receive compensation or other benefits for any period after termination under this Section 8(a).. (b)

Appears in 1 contract

Samples: Employment Agreement (Interwest Bancorp Inc)

Termination by Bank for Cause. If If, during the Term, the Bank terminates Executive’s employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminates), the Bank will pay Executive the salary earned earned, unpaid vacation and other amounts payable under applicable law that have accrued through the date of termination, and expenses reimbursable under this Agreement incurred through the date of his termination. Executive will have no right to receive compensation or other benefits for any period after termination under this Section 8(a)9.

Appears in 1 contract

Samples: Employment Agreement (Pacific Continental Corp)

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Termination by Bank for Cause. If the 1st Bank terminates Executive’s 's employment for Cause (defined belowin Section 8(e)) or Executive terminates his employment without Good Reason (defined belowin Section 8(f)) before this Agreement terminates, the 1st Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of his termination. Executive will have no right to receive compensation or other benefits for any period after termination under this Section 8(a).

Appears in 1 contract

Samples: Employment Agreement (Glacier Bancorp Inc)

Termination by Bank for Cause. If If, during the Term, the Bank terminates Executive’s 's employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminates), the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of his termination. Executive will have no right to receive compensation or other benefits for any period after termination under this Section 8(a)9.

Appears in 1 contract

Samples: Employment Agreement (Pacific Continental Corp)

Termination by Bank for Cause. If the Bank terminates Executive’s 's employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminates, the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of his termination, and the Continuation Agreement will remain in effect according to its terms. Executive will have no right to receive compensation or other benefits for any period after termination under this Section 8(a)10.

Appears in 1 contract

Samples: Employment Agreement (Glacier Bancorp Inc)

Termination by Bank for Cause. If the Bank terminates Executive’s 's employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminates, the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of his her termination. Executive will have no right to receive compensation or other benefits for any period after termination under this Section 8(a).

Appears in 1 contract

Samples: Employment Agreement (Glacier Bancorp Inc)

Termination by Bank for Cause. If the Bank terminates Executive’s 's employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminates, the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of his termination. Executive will have no right to receive compensation or other benefits for any period after termination under this Section 8(a).

Appears in 1 contract

Samples: Employment Agreement (Glacier Bancorp Inc)

Termination by Bank for Cause. If If, before the end of the Term, the Bank terminates Executive’s employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminatesCause, the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of his Executive’s termination. If Executive is terminated for Cause, Executive will have no right to receive compensation or other benefits for any period after termination under this Section 8(a)8.1.

Appears in 1 contract

Samples: Employment Agreement (Pacific Northwest Bancorp)

Termination by Bank for Cause. If If, before the end of the Term, the Bank terminates Executive’s 's employment for Cause (defined below) or Executive terminates his employment without Good Reason (defined below) before this Agreement terminatesReason, the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of his Executive's termination. At the election of the Bank, Executive will have no right be subject to the noncompetition and nonsolicitation requirements as described in SECTION 13 and will receive noncompetition compensation or other benefits for any period after termination under this Section 8(a)as described in SECTION 13e.

Appears in 1 contract

Samples: First Community Financial Group Employment Agreement (First Community Financial Group Inc)

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