By the Employer. (a) For Cause, following approval of such action by at least 75% of the membership of the Board of Directors of the Employer and only after providing Employee with at least thirty (30) days' written notice, in which event the Employer shall have no further obligation to the Employee except for the payment of any amounts payable as of the effective date of termination; or
Appears in 4 contracts
Samples: Employment Agreement (Flag Financial Corp), Employment Agreement (Flag Financial Corp), Employment Agreement (Flag Financial Corp)
By the Employer. (a) For Cause, following approval of such action by at least seventy-five (75% %) of the membership of the Board of Directors of the Employer and only after providing Employee with at least thirty (30) days' β written notice, in which event the Employer shall have no further obligation to the Employee except for the payment of any amounts payable earned and unpaid as of the effective date of termination; or
Appears in 4 contracts
Samples: Employment Agreement (State Bank Financial Corp), Employment Agreement (State Bank Financial Corp), Employment Agreement (State Bank Financial Corp)
By the Employer. (a) For Cause, following approval of such action by at least 75% of the membership of the Board of Directors of the Employer FLAG and only after providing Employee with at least thirty (30) days' written notice, in which event the Employer shall have no further obligation to the Employee except for the payment of any amounts payable as of the effective date of termination; or
Appears in 3 contracts
Samples: Employment Agreement (Flag Financial Corp), Employment Agreement (Flag Financial Corp), Employment Agreement (Flag Financial Corp)
By the Employer. (a) For Cause, following approval of such action by at least seventy-five percent (75% %) of the membership of the Board of Directors of the Employer FLAG and only after providing Employee with at least thirty (30) days' written notice, in which event the Employer shall have no further obligation to the Employee except for the payment of any amounts payable earned and unpaid as of the effective date of termination; or
Appears in 2 contracts
Samples: Employment Agreement (Flag Financial Corp), Employment Agreement (Flag Financial Corp)
By the Employer. (a) For Cause, following approval of such action by at least seventy-five (75% %) of the membership of the Board of Directors of the Employer FLAG and only after providing Employee with at least thirty (30) days' written notice, in which event the Employer shall have no further obligation to the Employee except for the payment of any amounts payable earned and unpaid as of the effective date of termination; or
Appears in 1 contract
By the Employer. (a) For Cause, following approval of such action by at least seventy- five (75% %) of the membership of the Board of Directors of the Employer Bank and only after providing Employee with at least thirty (30) days' β written notice, in which event the Employer shall have no further obligation to the Employee except for the payment of any amounts payable earned and unpaid as of the effective date of terminationtermination and accrued through operation of the Executive Salary Continuation Agreement between Employer and Employee; or
Appears in 1 contract