Event of Termination. As soon as reasonably practicable and in any event within two (2) Business Days after any Responsible Officer of the Borrower obtains knowledge of the occurrence of each Event of Termination or Incipient Event of Termination (if such Incipient Event of Termination is continuing on the date of such notice), the statement of a Responsible Officer of the Borrower setting forth the details of such Event of Termination or Incipient Event of Termination and the action which the Borrower is taking or proposes to take with respect thereto.
Event of Termination. No Event of Termination or Incipient Termination Event has occurred or is continuing.
Event of Termination. 7-1 Section 7.02. Transfer.................................................. 7-2 Section 7.03. Trustee to Act; Appointment of Successor.................. 7-2 Section 7.04. Notification to Certificateholders........................ 7-3 Section 7.05. Effect of Transfer........................................ 7-3 Section 7.06. Transfer of Certificate Account........................... 7-4 - ii -
Event of Termination. 5.1. If Employee's employment is terminated by the Board or any reason, or by reason of death or permanent disability of the Employee, or by reason of the expiration of the Term of the Agreement, then Board shall pay or provide to Employee: (i) any Base Salary earned through the date of termination, unpaid expense reimbursements and unused vacation that accrued through the date of termination; and (ii) any vested benefits Employee may have under any employee benefit plan of the employer through the date of termination, which vested benefits shall be paid and/or provided in accordance with the terms of such employee benefit plans. These payments and benefits shall not be subject to mitigation or offset. The Board’s decision to terminate this Agreement in accordance with this paragraph does not obligate the Board to pay any severance compensation to the Employee upon termination.
Event of Termination. As used in this Agreement, an "Event of Termination" shall mean:
Event of Termination. Upon the occurrence of an Event of ---------------------- Termination (as hereinafter defined) during the period of Executive's employment under this Agreement, the provisions of this paragraph 8 shall apply. As used in this Agreement, an "Event of Termination" shall mean that termination by the Bank of Executive's employment hereunder for any reason other than "cause" or retirement at or after the normal retirement age under a qualified pension plan maintained by the Bank or termination pursuant to Paragraph 7. A termination for "cause" shall include termination because of the Executive's personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses) or final cease-and-desist order, or material breach of any provision of this Agreement. In the event of termination for cause the Executive shall have no right to receive compensation or other benefits for any period after such termination.
Event of Termination. (a) Each of the following events shall constitute an Event of Termination (an “Event of Termination”):
Event of Termination. The existence of the Partnership commenced on the date of the filing of the Certificate of Limited Partnership pursuant to the Partnership Act and shall continue until the first to occur of the following events (an “Event of Termination”):
Event of Termination. Upon such termination of appointment, Resident shall:
Event of Termination. Upon the occurrence of an Event of Termination (as hereinafter defined) during the period of Executive's employment under this Agreement, the provisions of this paragraph A shall apply. As used in this Agreement, an "Event of Termination" shall mean the termination by Bank of Executive's employment hereunder for any reason other than because of retirement. A termination for "cause" shall include termination because of the Executive's personal dishonesty, misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, violation of any law, rule or regulation (other than traffic violations or similar offenses) or final cease-and-desist order, or material breach of any provision of this Agreement. In the event of termination for cause the Executive shall have no right to receive further compensation, Salary, or Bonus of any kind, or other benefits for any period after such termination.
