Common use of By the Bank Clause in Contracts

By the Bank. (a) For Cause, following approval of such action by at least seventy-five (75%) of the membership of the Board of Directors of the Bank and only after providing Employee with at least thirty (30) days’ written notice, in which event the Bank shall have no further obligation to the Employee except for the payment of any amounts earned and unpaid as of the effective date of termination; or

Appears in 6 contracts

Samples: Agreement (State Bank Financial Corp), Employment Agreement (State Bank Financial Corp), Employment Agreement (STATE BANK FINANCIAL Corp)

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