Terminations Without Cause or for Good Reason. If the Executive shall terminate his employment for Good Reason (other than a Change of Control), or if the Bank and the Company shall terminate the Executive’s employment other than for Cause (excluding by reason of Executive’s death, Retirement, or Disability), the Executive shall be entitled to the following compensation and benefits, in lieu of severance pay otherwise paid to Company or Bank employees at separation:
Appears in 4 contracts
Samples: Employment Agreement, Employment Agreement (Coast Financial Holdings Inc), Employment Agreement (Coast Financial Holdings Inc)
Terminations Without Cause or for Good Reason. If the Executive shall terminate his her employment for Good Reason (other than a Change of Control), or if the Bank and the Company shall terminate the Executive’s employment other than for Cause (excluding by reason of Executive’s death, Retirement, or Disability), the Executive shall be entitled to the following compensation and benefits, in lieu of severance pay otherwise paid to Company or Bank employees at separation:
Appears in 1 contract
Samples: Employment Agreement (Coast Financial Holdings Inc)
