Common use of Termination of Payment Obligation Clause in Contracts

Termination of Payment Obligation. The Bank shall have no obligation to pay Executive any amounts under this Section 3.4(c) on or after the date on which the Bank has paid to Executive the entire amount credited to the Deferral Account.

Appears in 3 contracts

Samples: Employment Agreement (Community West Bancshares /), Employment Agreement (Community West Bancshares /), Employment Agreement (Community West Bancshares /)

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Termination of Payment Obligation. The Bank shall have no obligation to pay Executive any amounts under this Section 3.4(c) on or after the date on which the Bank has paid to Executive the entire amount credited to the Deferral Account.. Initials: Initials:

Appears in 1 contract

Samples: Employment Agreement (Community West Bancshares /)

Termination of Payment Obligation. The Bank shall have no obligation to pay Executive any amounts under this Section 3.4(c) 3.4 as it may apply on or after the date on which the Bank has paid to Executive the entire amount credited to the Deferral Account.

Appears in 1 contract

Samples: Employment & Human Resources (Community West Bancshares /)

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Termination of Payment Obligation. The Bank shall --------------------------------- have no obligation to pay Executive any amounts under this Section 3.4(cSECTION 3.4(d) on or after the date on which the Bank has paid to Executive the entire amount credited to the Deferral Account.

Appears in 1 contract

Samples: Employment Agreement (Community West Bancshares /)

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