Termination by ▇▇▇▇▇▇▇▇. ▇▇▇▇▇▇▇▇ shall have the right to terminate the Term at any time, such termination to be effective on the date ninety (90) days after the date on which ▇▇▇▇▇▇▇▇ gives such notice to the Bank unless ▇▇▇▇▇▇▇▇ and the Bank agree in writing to a later date on which such termination is to be effective. After receiving notice of termination, the Bank may require ▇▇▇▇▇▇▇▇ to devote her good faith energies to transitioning her duties to her successor and to otherwise helping to minimize the adverse impact of her resignation upon the operations of the Bank. If ▇▇▇▇▇▇▇▇ fails or refuses to fully cooperate with such transition, the Bank may immediately terminate ▇▇▇▇▇▇▇▇, in which case it shall no longer have any obligation to pay any Salary or provide any benefits to her, but solely for purposes of Sections 8.5 and 8.6 below, the Termination Date shall be the date ninety (90) days after the date on which ▇▇▇▇▇▇▇▇ gives notice of termination to the Bank pursuant to the first sentence of this Section 7.5, or the later date referred to therein, whichever is later.
Appears in 2 contracts
Sources: Employment Agreement (Eagle Bancorp Inc), Employment Agreement (Eagle Bancorp Inc)