Common use of Termination by Bank for Cause Clause in Contracts

Termination by Bank for Cause. If, before the end of the Term or any Extended Term, the Bank terminates Executive's employment for Cause or Executive terminates his employment without Good Reason, the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of Executive's termination. Executive will have no right to receive compensation or other benefits for any period after termination under this section 8(a), and Executive will be subject to the noncompetition and nonsolicitation requirements of Section 12 through the remainder of the Term or Extended Term in which termination occurs and for the three-year period following such Term or Extended Term in which termination occurs.

Termination by Bank for Cause. If, before the end of the Term or any Extended Initial Term, the Bank terminates Executive's employment for Cause or Executive terminates his employment without Good Reason, the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of Executive's termination. Executive will have no right to receive compensation or other benefits for any period after termination under this section 8(a), and Executive will be subject to the noncompetition and nonsolicitation requirements of Section 12 through the remainder of the Initial Term or Extended Term in which termination occurs and for the threetwo-year period following such Term or Extended Term in which termination occursInitial Term.

Termination by Bank for Cause. If, before the end of the Term or any Extended Term, the Bank terminates Executive's ’s employment for Cause or Executive terminates his employment without Good Reason, the Bank will pay Executive the salary earned and expenses reimbursable under this Agreement incurred through the date of Executive's ’s termination. Executive will have no right to receive compensation or other benefits for any period after termination under this section 8(a), and Executive will be subject to the noncompetition and nonsolicitation requirements of Section 12 through the remainder of the Term or Extended Term in which termination occurs and for the three-year period following such Term or Extended Term in which termination occurs.

Termination by Bank for Cause. If, before the end of the Term or any Extended Term, the Bank terminates Executive's employment for Cause or Executive terminates his employment without Good Reason, the Bank will pay Executive the salary Base Salary earned and expenses reimbursable under this Agreement for such Term that are incurred through the date of Executive's termination. Executive will have no right to receive compensation or other benefits for any period after termination under this section Section 8(a), and Executive will be subject to the noncompetition and nonsolicitation requirements of Section SECTION 12 through the remainder of the Term or Extended Term in which termination occurs and for the threetwo-year period following such Term or Extended Term in which termination occursTerm.