Common use of Discharge Without Cause Clause in Contracts

Discharge Without Cause. At any time during the Term of Employment, Bank shall be entitled to terminate Executive's employment and this Agreement "without cause," by providing him with a written notice of termination. Any termination of this Agreement which is not for cause, as defined above in Section 4(c), or which does not result from the death or disability of Executive, as set forth in Sections 4(a) or 4(b) respectively, or a constructive discharge as set forth in Section 4(e), respectively, shall be deemed to be a termination without cause.

Appears in 2 contracts

Sources: Employment Agreement (Pacific Coast National Bancorp), Employment Agreement (Pacific Coast National Bancorp)

Discharge Without Cause. At any time during the Term of Employment, the Bank shall be entitled to terminate the Executive's ’s employment and this Agreement "without cause“Without Cause," by providing him with a at least thirty (30) days prior written notice of termination. Any termination of this Agreement which is not for causeCause, as defined above in Section 4(c5(c), or which does not result from the death or disability of the Executive, as set forth in Sections 4(a5(a) or 4(b) respectively, or a constructive discharge as set forth in Section 4(e5(b), respectively, shall be deemed to be a termination without causeWithout Cause. In the event of a termination Without Cause, the Bank shall become obligated to pay the Executive the severance payment set forth in Section 4(b).

Appears in 1 contract

Sources: Employment Agreement (First Guaranty Bancshares, Inc.)

Discharge Without Cause. At any time during the Term of Employment, Bank shall be entitled to terminate Executive's employment and this Agreement "without cause," by providing him with a written notice of terminationtermination at least sixty (60) days in advance of the effective termination date. Any termination of this Agreement which is not for cause, as defined above in Section 4(c), or which does not result from the death or disability of Executive, as set forth in Sections 4(a) or 4(b) respectively, or a constructive discharge as set forth in Section 4(e), respectively, shall be deemed to be a termination without cause.

Appears in 1 contract

Sources: Employment Agreement (Pacific Coast National Bancorp)

Discharge Without Cause. At any time during the Term of Employment, Bank shall be entitled to terminate Executive's employment and this Agreement "without cause," by providing him with a written notice of termination. Any termination of this Agreement which is not for cause, as defined above in Section 4(c), or which does not result from the death or disability of Executive, as set forth in Sections 4(a) or 4(b) respectively, or a constructive discharge as set forth in Section 4(e), respectively, shall be deemed to be a termination without cause.

Appears in 1 contract

Sources: Employment Agreement (Pacific Coast National Bancorp)

Discharge Without Cause. At any time during the Term of Employment, the Bank shall be entitled to terminate the Executive's ’s employment and this Agreement "without cause“Without Cause," by providing him with a at least thirty (30) days prior written notice of termination. Any termination of this Agreement which is not for causeCause, as defined above in Section 4(c6(c), or which does not result from the death or disability of the Executive, as set forth in Sections 4(a6(a) or 4(b) respectively, or a constructive discharge as set forth in Section 4(e6(b), respectively, shall be deemed to be a termination without causeWithout Cause. In the event of a termination Without Cause, the Bank shall become obligated to pay the Executive the severance payment set forth in Section 4(b).

Appears in 1 contract

Sources: Executive Employment Agreement (Gateway Pacific Bancorp)

Discharge Without Cause. At any time during the Term of EmploymentTerm, Bank Employer shall be entitled to terminate Executive's employment and this Agreement "without cause," by providing him with a written notice of termination. Any termination of this Agreement which is not other than for cause, cause as defined above set forth in Section 4(c), or which does not result from based on the death or disability of Executive, as set forth in Sections 4(a) or 4(b) respectively, or a constructive discharge as set forth in Section 4(e), respectively, ) shall be deemed to be a termination without cause.

Appears in 1 contract

Sources: Employment Agreement (Pacific Coast National Bancorp)

Discharge Without Cause. At any time during the Term of Employment, Bank shall be entitled to terminate Executive's employment and this Agreement "without cause," by providing him her with a written notice of termination. Any termination of this Agreement which is not for cause, as defined above in Section 4(c), or which does not result from the death or disability of Executive, as set forth in Sections 4(a) or 4(b) respectively, or a constructive discharge as set forth in Section 4(e), respectively, shall be deemed to be a termination without cause.

Appears in 1 contract

Sources: Employment Agreement (Pacific Coast National Bancorp)