Common use of Termination for Cause by PROMISTAR Clause in Contracts

Termination for Cause by PROMISTAR. In the event that PROMISTAR shall terminate Executive's employment hereunder for Cause pursuant to Section 5(c), this Agreement shall forthwith terminate. PROMISTAR shall continue to pay Executive the compensation and benefits set forth in Section 4 until the date specified in the Notice of Termination.

Appears in 9 contracts

Samples: Employment Agreement (Promistar Financial Corp), Employment Agreement (Promistar Financial Corp), Employment Agreement (Promistar Financial Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!