Common use of Termination by the Bank for Cause Clause in Contracts

Termination by the Bank for Cause. The Bank may terminate the employment of Executive hereunder for Cause (as defined in Section 8(a)) at any time. At the time Executive’s employment is terminated for Cause, the Term will terminate, all obligations of the Bank and Executive under Sections 1 through 5 of this Agreement will immediately cease except for obligations which expressly continue after termination of employment by the Bank for Cause, and the Bank will pay Executive at the time specified in Section 7(g), and Executive will be entitled to receive, the following:

Appears in 19 contracts

Samples: Employment Agreement (Rockville Financial, Inc. /CT/), Employment Agreement (Rockville Financial, Inc. /CT/), Employment Agreement (Rockville Financial, Inc. /CT/)

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Termination by the Bank for Cause. The If the Bank may terminate the terminates Executive's employment of Executive hereunder for Cause (as defined in Section 8(a)below) at any time. At the time Executive’s employment is terminated for Cause, the Term will terminate, all obligations of the Bank and Executive under Sections 1 through 5 of before this Agreement will immediately cease except for obligations which expressly continue after termination of employment by the Bank for Causeterminates, and the Bank will pay Executive at the time specified in Section 7(g), salary earned and expenses reimbursable under this Agreement incurred through the date of his termination. Executive will be entitled have no right to receive, the following:receive compensation or other benefits for any period after termination under this Section 9(a).

Appears in 11 contracts

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

Termination by the Bank for Cause. The Bank may may, subject to Section 7(h) below, terminate the employment of Executive hereunder for Cause (as defined in Section 8(a)) at any time. At the time Executive’s employment is terminated for Cause, the Term will terminate, all obligations of the Bank and Executive under Sections 1 through 5 of this Agreement will immediately cease except for obligations which expressly continue after termination of employment by the Bank for Cause, and the Bank will pay Executive at the time specified in Section 7(g), and Executive will be entitled to receive, the following:

Appears in 4 contracts

Samples: Employment Agreement (Rockville Financial, Inc. /CT/), Employment Agreement (Rockville Financial, Inc. /CT/), Employment Agreement (Rockville Financial, Inc. /CT/)

Termination by the Bank for Cause. The Bank may terminate the employment of Executive hereunder for Cause (as defined in Section 8(a)) at any time. At the time Executive’s employment is terminated for Cause, the Term will terminate, all obligations of the Bank and Executive under Sections 1 through 5 of this Agreement will immediately cease except for obligations which expressly continue after termination of employment by the Bank for Cause, and the Bank will pay Executive at the time specified in Section 7(g)Executive, and Executive will be entitled to receive, the following:

Appears in 4 contracts

Samples: Employment Agreement (Rockville Financial Inc.), Employment Agreement (Rockville Financial Inc.), Employment Agreement (Rockville Financial Inc.)

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Termination by the Bank for Cause. The Bank may terminate the employment of Executive hereunder for Cause (as defined in Section 8(a)) at any time. At the time Executive’s 's employment is terminated for Cause, the Term will terminate, all obligations of the Bank and Executive under Sections 1 through 5 of this Agreement will immediately cease except for obligations which expressly continue after termination of employment by the Bank for Cause, and the Bank will pay Executive at the time specified in Section 7(g)Executive, and Executive will be entitled to receive, the following:

Appears in 1 contract

Samples: Employment Agreement (Rockville Financial Inc.)

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