Termination of Employment and Forfeiture of Compensation. Executive agrees that in the event that PROMISTAR determines that he has breached any of the covenants set forth in Section 9 above during his employment, PROMISTAR shall have the right to terminate his employment for Cause in accordance with Section 5(c) hereof. In addition, Executive agrees that if PROMISTAR determines that he has breached any of the covenants set forth in Section 9 at any time, PROMISTAR shall have the right to discontinue any or all remaining benefits payable pursuant to Section 6 or 7 above. Such termination of employment or discontinuance of benefits shall be in addition to and shall not limit any and all other rights and remedies that PROMISTAR may have against Executive.
Appears in 9 contracts
Samples: Employment Agreement (Promistar Financial Corp), Employment Agreement (Promistar Financial Corp), Employment Agreement (Promistar Financial Corp)
