Common use of Notice of Termination to the Executive Clause in Contracts

Notice of Termination to the Executive. If the Executive’s employment is terminated for Cause under this provision, the Executive shall receive only any sums due him as base salary and/or reimbursement of expenses through the date of termination, which shall be paid in accordance with the Employer’s standard payroll procedures.

Appears in 1 contract

Sources: Employment Agreement (BankGreenville Financial CORP)

Notice of Termination to the Executive. If the Executive’s employment is terminated for Cause under this provision, the Executive shall receive only any sums due him her as base salary and/or reimbursement of expenses through the date of termination, which shall be paid in accordance with the Employer’s standard payroll procedures.

Appears in 1 contract

Sources: Employment Agreement (BankGreenville Financial CORP)