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.
Appears in 2 contracts
Samples: Change of Control Agreement (Community Financial Shares Inc), Change of Control Agreement (Community Financial Shares Inc)
Termination by the Bank. The Bank may has the right to terminate Executive's ’s employment at any time for Cause or without Cause. Notwithstanding the foregoingCause at any time, Executive shall and such termination will not be deemed to have been terminated for Cause without a Notice breach of Terminationthis Agreement by the Bank.
Appears in 1 contract
Samples: Executive Employment Agreement (Business First Bancshares, Inc.)
Termination by the Bank. The without CauseThe Executive’s employment with the Bank may terminate Executive's employment be terminated without Cause by the Board of Directors at any time upon notice to the Executive, provided, however, that the Bank shall have the obligation upon any such termination to make the payments to the Executive provided for Cause or without Cause. Notwithstanding the foregoing, Executive shall not be deemed to have been terminated for Cause without a Notice under Section 9 of Terminationthis Agreement.
Appears in 1 contract
Samples: Employment Agreement (Provident Bancorp, Inc. /MD/)
