Common use of Termination of Employment or Service (Termination for Cause) Clause in Contracts

Termination of Employment or Service (Termination for Cause). Unless ------------------------------------------------------------- otherwise determined by the Committee, in the event of the Participant's Termination for Cause, all Stock Awards in which the Participant had not become vested as of the effective date of such Termination for Cause shall be forfeited and any rights such Participant had to such unvested Stock Awards shall become null and void.

Appears in 2 contracts

Samples: Award Agreement (Pulaski Financial Corp), First Capital Inc

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Termination of Employment or Service (Termination for Cause). Unless ------------------------------------------------------------- otherwise determined by the Committee, in the event of the Participant's Termination for Cause, all Stock Awards in which the Participant had not become vested as of the effective date of such Termination for Cause shall be forfeited and any rights such Participant had to such unvested Stock Awards shall become null and void.

Appears in 2 contracts

Samples: First Bancorp of Indiana Inc, First Bancorp of Indiana Inc

Termination of Employment or Service (Termination for Cause). Unless ------------------------------------------------------------- otherwise determined by the Committee, or in the event of the Participant's Termination for Cause, all Stock Awards in which the Participant had not become vested as of the effective date of such Termination for Cause shall be forfeited and any rights such Participant had to such unvested Stock Awards shall become null and void.

Appears in 2 contracts

Samples: Richmond County Financial Corp, Bayonne Bancshares Inc

Termination of Employment or Service (Termination for Cause). Unless ------------------------------------------------------------- -------------------------------------------------------------- otherwise determined by the Committee, or in the event of the Participant's Termination for Cause, all Stock Awards in which the Participant had not become vested as of the effective date of such Termination for Cause shall be forfeited and any rights such Participant had to such unvested Stock Awards shall become null and void.

Appears in 1 contract

Samples: Massachusetts Fincorp Inc

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Termination of Employment or Service (Termination for Cause). Unless ------------------------------------------------------------- otherwise determined by the Committee, or in the event of the Participant's Termination for Cause, all unvested Stock Awards in which the held by such Participant had not become vested as of the effective date of such Termination for Cause shall be forfeited and any rights such Participant had to such unvested Stock Awards shall become null and void.

Appears in 1 contract

Samples: Pulaski Bancorp Inc

Termination of Employment or Service (Termination for Cause). Unless ------------------------------------------------------------- otherwise determined by the Committee, or in the event of the Participant's Termination for Cause, all Stock Awards in which the Participant had not become vested as of the effective date of such Termination for Cause shall be forfeited and any rights such Participant had to such unvested Stock Awards shall become null and void.

Appears in 1 contract

Samples: Tf Financial Corp

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