Common use of TERMS AND DUTIES Clause in Contracts

TERMS AND DUTIES. (a) The period of Executive’s employment under this Agreement shall begin as of the Effective Date and shall continue for a period of thirty-six (36) full calendar months thereafter. Commencing on the first anniversary date of this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice is provided to Executive at least ten (10) days and not more than thirty (30) days prior to any such anniversary date, that this Agreement shall cease at the end of thirty-six (36) months following such anniversary date. Prior to each notice period for non-renewal, the Compensation Committee of the Board of Directors of the Company (“Board”) will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s meeting. (b) During the period of his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence, Executive shall faithfully perform his duties hereunder, to the best of his abilities, including activities and services related to the organization, operation and management of the Employer.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the Effective Date date first above written and shall continue for a period of thirty-six (36) full calendar months thereafter. Commencing on the first anniversary date of this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice is provided to Executive at least ten (10) days and not more than thirty (30) days prior to any such anniversary date, that this Agreement his employment shall cease at the end of thirty-six (36) months following such anniversary date. Prior to each notice period for non-renewal, the Compensation Committee disinterested members of the Board of Directors of the Company Bank (“"Board”") will conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting. (b) During the period of his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence, Executive shall faithfully perform his duties hereunder, to the best of his abilities, hereunder including activities and services related to the organization, operation and management of the EmployerBank.

TERMS AND DUTIES. (a) The term of this Agreement and the period of Executive’s employment under this Agreement hereunder shall begin as of the Effective Date date first above written and shall continue for a period of thirty-thirty six (36) full calendar months thereafter. Commencing on the first anniversary date of this AgreementMarch 1, 2009 and continuing at on the 1st day of each anniversary date thereaftercalendar quarter of each year thereafter (the “Anniversary Date”), the this Agreement shall renew for an additional year three years such that the remaining term shall be three (3) years unless written notice of non-renewal (“Non-Renewal Notice”) is provided to Executive at least ten ninety (10) days and not more than thirty (3090) days prior to any such anniversary date, that this Agreement shall cease at the end of thirty-six (36) months following such anniversary dateAnniversary Date. Prior to each any notice period for non-renewal, the Compensation Committee disinterested members of the Board of Directors of the Company Bank (“Board”) will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s meeting. (b) During the period of his employment hereunder, except for periods of absence occasioned by illnessIllness, reasonable vacation periods, and reasonable leaves of absence, Executive shall faithfully perform his duties hereunder, to the best of his abilities, hereunder including activities and services related to the organization, operation and management of the EmployerBank.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the Effective Date date first above written and shall continue for a period of thirty-six (36) full calendar months thereafter. Commencing on the first anniversary date of this Agreement, and continuing at each anniversary date thereafter, the this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice is provided to Executive at least ten (10) days and not more than thirty sixty (3060) days prior to any such anniversary date, that this Agreement his employment shall cease at the end of thirty-six (36) months following such anniversary date. Prior to each notice period for non-renewal, the Compensation Committee disinterested members of the Board of Directors ("Board") of the Company (“Board”) Bank will conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the this Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting. The "disinterested" members of the Board of Directors shall be all directors other than the director who is the "Executive" under this Agreement. (b) During the period of his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence, Executive shall faithfully perform his duties hereunder, to the best of his abilities, hereunder including activities and services related to the organization, operation and management of the EmployerBank.

TERMS AND DUTIES. (a) The term of this Agreement and the period of Executive’s employment under this Agreement hereunder shall begin as of the Effective Date date first above written and shall continue for a period of thirty-six twenty four (3624) full calendar months thereafter. Commencing on the first anniversary date of this AgreementMarch 1, 2009 and continuing at on the 1st day of each anniversary date thereaftercalendar quarter of each year thereafter (the “Anniversary Date”), the this Agreement shall renew for an additional year two years such that the remaining term shall be three two (32) years unless written notice of non-renewal (“Non-Renewal Notice”) is provided to Executive at least ten ninety (10) days and not more than thirty (3090) days prior to any such anniversary date, that this Agreement shall cease at the end of thirty-six (36) months following such anniversary dateAnniversary Date. Prior to each any notice period for non-renewal, the Compensation Committee disinterested members of the Board of Directors of the Company Bank (“Board”) will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s meeting. (b) During the period of his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence, Executive shall faithfully perform his duties hereunder, to the best of his abilities, hereunder including activities and services related to the organization, operation and management of the EmployerBank.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the Effective Date date first above written and shall continue for a period of thirty-six (36) full calendar months thereafter. Commencing on the first anniversary date of this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice is provided to Executive at least ten (10) days and not more than thirty (30) days prior to any such anniversary date, that this Agreement shall cease at the end of thirty-six (36) months following such anniversary date. Prior to each notice period for non-renewal, the Compensation Committee disinterested members of the Board of Directors of the Company Bank (“"Board”") will conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting. (b) During the period of his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence, Executive shall faithfully perform his duties hereunder, to the best of his abilities, including activities and services related to the organization, operation and management of the EmployerBank and the Company.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the Effective Date date first above written and shall continue for a period of thirty-six (36) full calendar months thereafter. Commencing on the first anniversary date of this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice is provided to Executive at least ten (10) days and not more than thirty sixty (3060) days prior to any such anniversary date, that this Agreement his employment shall cease at the end of thirty-six (36) months following such anniversary date. Prior to each notice period for non-renewal, the Compensation Committee disinterested members of the Board of Directors ("Board") of the Company (“Board”) Bank will conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting. The "disinterested" members of the Board of Directors shall be all directors other than the director who is the "Executive" under this Agreement. (b) During the period of his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence, Executive shall faithfully perform his duties hereunder, to the best of his abilities, hereunder including activities and services related to the organization, operation and management of the EmployerBank.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the Effective Commencement Date and shall continue for a period of thirty-six (36) full calendar months thereafter. Commencing on the first anniversary date of this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice is provided to Executive at least ten (10) days and not more than thirty sixty (3060) days prior to any such anniversary date, that this Agreement his employment shall cease at the end of thirty-six (36) months following such anniversary date. Prior to each notice period for non-renewal, the Compensation Committee disinterested members of the Board of Directors of the Company Bank (“"Board”") will conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting. The "disinterested" members of the Board of Directors shall be all directors other than the director who is the "Executive" under this Agreement. (b) During the period of his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence, Executive shall faithfully perform his duties hereunder, to the best of his abilities, hereunder including activities and services related to the organization, operation and management of the EmployerBank.

TERMS AND DUTIES. (a) The period of Executive’s employment under this Agreement shall begin as of the Effective Date date first above written and shall continue for a period of thirty-six (36) full calendar months thereafter. Commencing on the first anniversary date of this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice is provided to Executive at least ten (10) days and not more than thirty (30) days prior to any such anniversary date, that this Agreement shall cease at the end of thirty-six (36) months following such anniversary date. Prior to each notice period for non-renewal, the Compensation Committee of the Board of Directors of the Company (the “Board”) will conduct induct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s meeting. (b) During the period of his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence, Executive shall faithfully perform his duties hereunder, to the best of his abilities, including activities and services related to the organization, operation and management of the Employer.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the Effective Date date first above written and shall continue for a period of thirty-six (36) full calendar months thereafter. Commencing on the first anniversary date of this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice is provided to Executive at least ten (10) days and not more than thirty (30) days prior to any such anniversary date, that this Agreement shall cease at the end of thirty-six (36) months following such anniversary date. Prior to each notice period for non-renewal, the Compensation Committee disinterested members of the Board of Directors of the Company Bank (“"Board”") will conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting. (b) During the period of his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence, Executive shall faithfully perform his duties hereunder, to the best of his abilities, including activities and services related to the organization, operation and management of the EmployerMHC, the Bank and/or Company.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the Effective Date date first above written and shall continue for a period of thirty-six (36) full calendar months thereafter. Commencing on the first anniversary date of this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice is provided to Executive at least ten (10) days and not more than thirty sixty (3060) days prior to any such anniversary date, that this Agreement his employment shall cease at the end of thirty-six (36) months following such anniversary date. Prior to each notice period for non-renewal, the Compensation Committee disinterested members of the Board of Directors (Board) of the Company (“Board”) Bank will conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting. The "disinterested" members of the Board of Directors shall be all directors other than the director who is the "Executive" under this Agreement. (b) During the period of his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence, Executive shall faithfully perform his duties hereunder, to the best of his abilities, hereunder including activities and services related to the organization, operation and management of the EmployerBank.