Termination for Which No Severance or Termination Benefits Are Payable. (a) No Severance for Termination for Cause. Anything in this Agreement to the contrary notwithstanding, under no circumstance shall the Executive be entitled to severance or termination benefits if his employment terminates for Cause.
Appears in 2 contracts
Sources: Severance Agreement (Centennial Bancorp), Severance Agreement (Centennial Bancorp)