Common use of Compliance with Regulatory Restrictions Clause in Contracts

Compliance with Regulatory Restrictions. (a) The Bank may terminate the Executive’s employment at any time, but any termination by the Board of Directors other than termination for Cause shall not prejudice the Executive’s right to compensation or other benefits under this Agreement. The Executive shall have no right to receive compensation or other benefits for any period after termination for Cause.

Appears in 5 contracts

Samples: Employment Agreement (Affinity Bancshares, Inc.), Employment Agreement (Affinity Bancshares, Inc.), Employment Agreement (Affinity Bancshares, Inc.)

AutoNDA by SimpleDocs

Compliance with Regulatory Restrictions. (a) The Bank may terminate the Executive’s 's employment at any time, but any termination by the Board of Directors other than termination for Cause shall not prejudice the Executive’s 's right to compensation or other benefits under this Agreement. The Executive shall have no right to receive compensation or other benefits for any period after termination for Cause.

Appears in 4 contracts

Samples: Employment Agreement (Community First Bancshares, Inc.), Employment Agreement (Community First Bancshares, Inc.), Employment Agreement (Community First Bancshares, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.