Common use of Termination by the Bank Without Cause Clause in Contracts

Termination by the Bank Without Cause. The Bank may terminate the Executive’s employment hereunder Without Cause, in which event the Bank may elect to terminate the Executive’s employment immediately or upon the expiration of a set period not to exceed 30 days, as set forth in a written notice to the Executive. During any period between the Executive’s receipt of such notice and the date of termination, the Executive may be relieved of his duties as specified herein and assigned alternate duties by the Board of Directors.

Termination by the Bank Without Cause. The Bank shall have the right at any time during the Employment Period upon 30 days written notice to Executive to terminate the Employment Period without cause. The Bank may terminate the Executive’s employment hereunder Without Cause, in which event the Bank may its discretion following delivery of its notice of termination elect immediately to terminate the Executive’s employment immediately relieve Executive of all or upon the expiration of a set period not to exceed 30 days, as set forth in a written notice to the Executive. During any period between the Executive’s receipt of such notice and the date of termination, the Executive may be relieved part of his duties as specified herein under this Agreement and assigned alternate duties by to exclude Executive thereafter from the Board premises of Directorsthe Bank.

Termination by the Bank Without Cause. The Bank may terminate the Executive’s employment hereunder Without Cause, in which event the Bank may elect to terminate the Executive’s employment immediately or upon the expiration of a set period not to exceed 30 days, as set forth in a written notice to the Executive. During any period between the Executive’s receipt of such notice and the date of termination, the Executive may be relieved of his duties as specified herein and assigned alternate duties by the Board of DirectorsChief Executive Officer.

Termination by the Bank Without Cause. The Bank may terminate shall have the Executive’s employment hereunder Without Cause, in which event the Bank may elect right to terminate the Executive’s employment immediately or upon the expiration of a set period not to exceed at any time on 30 days, as set forth in a ’ written notice without Cause, for any or no reason, such termination to be effective on the Executive. During any period between date on which the Executive’s receipt of Bank gives such notice and the to Executive or such later date of termination, the Executive as may be relieved of his duties as specified herein and assigned alternate duties by the Board of Directorsin such notice.