Termination by the Bank. The Bank may terminate the employment of the Executive as follows:
(i) For Cause upon the adoption of a resolution by the affirmative vote of not less than a majority of the entire membership of the Bank’s Board of Directors at a meeting of the Board (after reasonable notice to the Executive and an opportunity for the Executive, together with counsel, to be heard by the Board), finding that in the good faith opinion of the Board the Executive was guilty of conduct set forth in the definition of “Cause” in Section 1 hereof and specifying the particulars thereof in detail. A vote of the Board is not required if the Executive is removed for cause by the Federal Housing Finance Board pursuant to 12 U.S.C. 1422b(a)(2);
(ii) Without Cause;
(iii) Upon the Disability of the Executive; and
(iv) Upon the death of the Executive.
Termination by the Bank. The Bank may terminate Executive’s employment during the Employment Period with or without Cause. For purposes of this Agreement, “Cause” shall mean:
Termination by the Bank. The Bank may terminate Executive’s employment during the Term with or without Cause immediately on written notice to Executive. For purposes of this Agreement, “Cause” shall mean: (i) abuse of or addiction to intoxicating drugs (including alcohol); (ii) any act or omission on the part of Executive that constitutes fraud, deceit, personal dishonesty, misrepresentation, embezzlement, misappropriation of corporate assets, breach of a duty owed to the Bank or conduct grossly inappropriate to Executive’s office; (iii) Executive’s indictment or conviction for a felony or a crime of moral turpitude; (iv) the suspension or removal of Executive by federal or state banking regulatory authorities; (v) Executive’s material violation of any banking law or regulation, memorandum of understanding, cease and desist order or other agreement with any federal or state banking regulatory authority; (vi) a material breach by Executive of any of the terms of this Agreement; or (vii) a filing by or against Executive of any petition under the federal bankruptcy laws or any state insolvency laws. Termination of Executive’s employment will not be deemed to be for Cause unless and until the Bank delivers to Executive a written notice of the basis of a finding of Cause. Except for a breach that, by its nature, cannot reasonably be expected to be cured, Executive will be given thirty (30) days from the delivery of written notice by the Bank within which to cure any acts giving rise to a termination under items (i), (v) or (vi) in the definition of Cause above; provided, however, that, if the Bank reasonably expects irreparable injury from a delay of thirty (30) days, it may give Executive notice of such shorter period within which to cure as is reasonable under the circumstances, which may include the termination of Executive’s employment without notice and with immediate effect. The Bank may place Executive on paid leave for up to sixty (60) days while it is determining whether there is a basis to terminate Executive’s employment for Cause. Any such action by the Bank will not constitute Good Reason (as defined below).
Termination by the Bank. The Bank may terminate the employment of the Executive as follows:
(i) For Cause upon the adoption of a resolution by the affirmative vote of not less than a majority of the Bank’s Board of Directors at a meeting of the Board (after reasonable notice to the Executive and an opportunity for the Executive, together with counsel, to be heard by the Board), finding that, in the good faith belief of the Board, the Executive engaged in the conduct set forth in the definition of “Cause” in Section 1 and specifying the particulars thereof in detail, it being understood that a vote of the Board will not be required if the Executive is removed for cause by the Bank at the direction of the Federal Housing Finance Agency, or by the Federal Housing Finance Agency, or by or at the direction of any successor to the Federal Housing Finance Agency, pursuant to 12 U.S.C. §§ 4615, 4616, 4617 or 4636a, or any statutory provisions subsequently enacted that grant removal authority to such agency, or any rules or regulations issued thereunder;
(ii) Without Cause;
(iii) Upon the Disability of the Executive; and
(iv) Upon the death of the Executive.
Termination by the Bank. Executive's employment may be terminated by the Bank in any one of the followings ways, prior to the expiration of the Term:
Termination by the Bank. In the event The Bank or its successors in interest terminates this Agreement within 24 months following a Change in Control for reasons other than for cause pursuant to paragraph 5(d), or as the result of the Executive's death or disability pursuant to paragraph 5(e), The Bank will pay the Executive 18 times the base compensation received by the Executive during the most recent calendar month ending on or prior to the effective date of termination, less statutory payroll deductions. Payment under this paragraph shall be made in accordance with The Bank's ordinary payroll policies and procedures in equal monthly payments beginning on the 15th day of the calendar month immediately following the termination date and ending on the date which is the 15th day of the third calendar month of the calendar year immediately following the termination date.
Termination by the Bank. Notwithstanding the provisions of Section 2.1, the Bank shall have the right to terminate the employment of Employee under this Agreement prior to the end of the Employment Term for any of the following reasons and subject to the following conditions:
Termination by the Bank. 貴行終止本約定事項時，須於終止日三十日前以書面通知存戶。存戶如有下列情事之一者，貴行得隨時以 書面或雙方約定方式通知存戶終止本約定事項： prior to the termination date. However, the Bank may notify the depositor to terminate the agreement at any time in writing or with a previously agreed upon method by both parties, if one of the following circumstances is applicable to the depositor: The depositor transfers the rights or obligations stipulated in the agreement to a third party without the consent of the Bank. based on the regulations for consumer’s debt clearance. 3、存戶違反本約定事項第十六條至第十八條之規定者。 The depositor violates other provisions stipulated in the agreement and fails to improve before the deadline upon a notice or reminder. The Bank suspects the improper use of an account and the Bank terminates the customer's use of online transfer. The depositor is an individual, legal person or groups subject to sanctions under the Terrorism Prevention Act, or a terrorist or terrorist group identified or tracked by foreign governments or international organizations. 性 質與目的或資金來源不願配合說明之情形。 For circumstances such as unwillingness to coordinate with a routine review of the Bank, refuse to provide actual beneficiaries or information about exercising the control over the depositor, or unwilling to explain the nature and purpose of the transaction and sources of the funds.
Termination by the Bank. The Bank may terminate Executive's employment at any time for Cause or without Cause. Notwithstanding the foregoing, Executive shall not be deemed to have been terminated for Cause without a Notice of Termination.
Termination by the Bank. In the event that The Bank provides the Executive with a notice of termination without cause under paragraph 5(a), The Bank will pay to the Executive an amount equal to the salary he would have received from the date of termination through the end of the then-current Term. Such payment will be made in equal monthly payments beginning on the 15th day of the calendar month immediately following the termination date and ending on the date which is the 15th day of the third calendar month of the calendar year immediately following the termination date. All forfeiture provisions affecting restricted stock awards and all vesting requirements affecting stock options shall lapse or be deemed fully completed.
