Termination Upon Mutual Agreement. This Agreement may be terminated at any time upon the mutual written consent of Executive and the Company, acting through its Chairman of the Board. Upon such termination, Executive’s right to all compensation and benefits ceases.
Appears in 2 contracts
Samples: Employment Agreement (Monarch Community Bancorp Inc), Employment Agreement (Monarch Community Bancorp Inc)
Termination Upon Mutual Agreement. This Agreement may be terminated at any time upon the mutual written consent of Executive and the Company, acting through its Chairman of the Board. Upon such termination, Executive’s right to all Executive shall receive only the Base Salary and any other compensation and benefits ceasesaccrued up to Executive's termination date.
Appears in 1 contract
Samples: Employment Agreement (PSB Group Inc)
Termination Upon Mutual Agreement. This Agreement may can be terminated at any time upon the mutual written consent of Executive and the CompanyBank, acting through its Chairman of the Board. Upon such termination, Executive’s 's right to all compensation and benefits ceases. 10.
Appears in 1 contract
Samples: Employment Agreement (Monarch Community Bancorp Inc)
Termination Upon Mutual Agreement. This Agreement may be terminated at any time upon the mutual written consent of Executive and the Company, acting through its Chairman of the Board. Upon such termination, Executive’s right to all Executive shall receive only the Base Salary and any other compensation and benefits ceasesaccrued up to Executive’s termination date.
Appears in 1 contract
Samples: Employment Agreement (PSB Group Inc)
