Common use of Notice and Opportunity to Cure Clause in Contracts

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the Company’s right to terminate Executive’s employment for Cause and Executive’s right to terminate for Good Reason that (i) the party seeking termination shall first have given the other party written notice stating with specificity the reason for the termination (“breach”) and (ii) if such breach is susceptible of cure or remedy, a period of fifteen (15) days from and after the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 15-day period, unless such breach cannot be cured or remedied within fifteen (15) days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) days) provided the breaching party has made and continues to make a diligent effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the Company’s 's right to terminate the Executive’s 's employment for Cause "cause" and the Executive’s 's right to terminate his employment for Good Reason "good reason" that (i1) the party seeking the termination shall first have given the other party written notice stating with specificity the reason for the termination (“"breach”") and (ii2) if such breach is susceptible of cure or remedy, a period of fifteen (15) 30 days from and after the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 1530-day period, unless such breach cannot be cured or remedied within fifteen (15) 30 days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) 30 days) ), provided the breaching party has made and continues to make a diligent effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoing, prior to the expiration of the Term, it shall be a condition precedent to the Company’s 's right to terminate the Executive’s 's employment for Cause and the Executive’s 's right to terminate employment for Good Reason that (i) the party seeking the termination shall first have given the other party written notice stating with specificity the reason for the termination (“the "breach”") and (ii) if such breach is susceptible of cure or remedy, a period of fifteen (15) 30 days from and after the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 1530-day period, unless such breach cannot be cured or remedied within fifteen (15) 30 days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) 30 days) provided the breaching party has made and continues to make a diligent effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the Company’s right to terminate Executive’s employment for Cause and Executive’s right to terminate for Good Reason that (i) the party seeking termination shall first have given the other party written notice stating with specificity the reason for the termination (“breach”) and (ii) if such breach is susceptible of cure or remedy, a period of fifteen (15) days from and after the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 15-day period, unless such breach cannot be cured or remedied within fifteen (15) days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) days) provided the breaching party has made and continues to make a diligent effort to effect such remedy or cure. In case Executive is the party seeking termination, written notice should be provided to either the Company’s CEO, the Company’s President, or the Company's Chairman of the Board.

Notice and Opportunity to Cure. Notwithstanding the foregoingforegoing provisions of this Section 4, it shall be a condition precedent to the Company’s 's right to terminate Executive’s ' s employment for Cause and Executive’s 's right to terminate for Good Reason that (i) the party seeking termination shall first have given the other party written notice stating with specificity the reason for the termination (“"breach”") and (ii) if such breach is susceptible of cure or remedy, a period of fifteen (15) days from and after the date of the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 15-day period, unless such breach cannot be cured or remedied within fifteen (15) days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) days) provided the breaching party has made and continues to make a diligent and good faith effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the Company’s 's right to terminate Executive’s 's employment for Cause and Executive’s 's right to terminate for Good Reason that (i) the party seeking termination shall first have given the other party written notice stating with specificity the reason for the termination (“"breach”") and (ii) if such breach is susceptible of cure or remedy, a period of fifteen (15) days from and after the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 15-day period, unless such breach cannot be cured or remedied within fifteen (15) days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) days) provided the breaching party has made and continues to make a diligent effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the Company’s right to terminate the Executive’s employment for Cause and the Executive’s right to terminate employment for Good Reason that (i) the party Party seeking the termination shall first have given the other party Party written notice stating with specificity the reason for the termination (“breachTermination Breach”) and (ii) if such breach Termination Breach is susceptible of to cure or remedy, a period of fifteen thirty (1530) days from and after the giving of such notice shall have elapsed without the breaching party Party having effectively substantially cured or remedied such breach during such 15-day periodTermination Breach, unless such breach cannot be cured or remedied within fifteen thirty (1530) days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) days) days provided the breaching party Party has made and continues to make a diligent effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the Company’s 's right to terminate the Executive’s 's employment for Cause "cause" and the Executive’s 's right to terminate his employment for Good Reason "good reason" that (i1) the party seeking the termination shall first have given the other party written notice stating with specificity the reason for the termination (“"breach”") and (ii2) if such breach is susceptible of cure or remedy, a period of fifteen thirty (1530) days from and after the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 1530-day period, unless such breach period cannot be cured or remedied within fifteen thirty (1530) days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) days) provided the breaching party has made and continues to make a diligent effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the Company’s 's right to terminate Executive’s Xxxxxxx' employment for Cause "cause" and Executive’s Xxxxxxx' right to terminate his employment for Good Reason "good reason" that (i1) the party seeking the termination shall first have given the other party written notice stating with specificity the reason for the termination (“"breach”") and (ii2) if such breach is susceptible of cure or remedy, a period of fifteen thirty (1530) days from and after the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 1530-day period, unless such breach cannot be cured or remedied within fifteen thirty (1530) days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) days) provided the breaching party has made and continues to make a diligent effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the Company’s right to terminate the Executive’s employment for Cause “cause” and the Executive’s right to terminate his employment for Good Reason “good reason” that (i1) the party seeking the termination shall first have given the other party written notice stating with specificity the reason for the termination (“breach”) and (ii2) if such breach is reasonably susceptible of cure or remedy, a period of fifteen thirty (1530) days from and after the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 1530-day period, unless such breach cannot be reasonably cured or remedied within fifteen thirty (1530) days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) days) provided the breaching party has made and continues to make a diligent effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the Company’s 's right to terminate the Executive’s 's employment for Cause "cause" and the Executive’s 's right to terminate his employment for Good Reason "good reason" that (i1) the party seeking the termination shall first have given the other party written notice stating with specificity the reason for the termination (“"breach”") and (ii2) if such breach is susceptible of cure or remedy, a period of fifteen (15) 30 days from and after the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 1530-day period, unless such breach cannot be cured or remedied within fifteen (15) 30 days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) 30 days) provided the breaching party has made and continues to make a diligent effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the CompanyCorporation’s right to terminate Executive’s employment for Cause and Executive’s right to terminate for Good Reason that (i) the party seeking termination shall first have given the other party written notice stating with specificity the reason for the termination (“breach”) and (ii) if such breach is susceptible of cure or remedy, a period of fifteen (15) 15 days from and after the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 15-day period, unless such breach cannot be cured or remedied within fifteen (15) 15 days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) 30 days) provided the breaching party has made and continues to make a diligent effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoingforegoing provisions of this Section 4, it shall be a condition precedent to the Company’s right to terminate Executive’s ’ s employment for Cause and Executive’s right to terminate for Good Reason that (i) the party seeking termination shall first have given the other party written notice stating with specificity the reason for the termination (“breach”) and (ii) if such breach is susceptible of cure or remedy, a period of fifteen (15) days from and after the date of the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 15-day period, unless such breach cannot be cured or remedied within fifteen (15) days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) days) provided the breaching party has made and continues to make a diligent and good faith effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the Company’s right to terminate Executivethe Employee’s employment for Cause and Executivethe Employee’s right to terminate employment for Good Reason that (i) the party Party seeking the termination shall first have given the other party Party written notice stating with specificity the reason for the termination (“breach”) and (ii) if such breach is susceptible of cure or remedy, a period of fifteen (15) 30 days from and after the giving of such notice shall have elapsed without the breaching party Party having effectively substantially cured or remedied such breach during such 15-30 day period, unless such breach cannot be cured or remedied within fifteen (15) 30 days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) 30 days) provided the breaching party Party has made and continues to make a diligent effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the Company’s right to terminate the Executive’s employment for Cause and the Executive’s right to terminate employment for Good Reason that (i) the party Party seeking the termination shall first have given the other party Party written notice stating with specificity the reason for the termination (“breach”) and (ii) if such breach is susceptible of cure or remedy, a period of fifteen (15) days 30days from and after the giving of such notice shall have elapsed without the breaching party Party having effectively substantially cured or remedied such breach during such 15-30 day period, unless such breach cannot be cured or remedied within fifteen (15) 30 days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) 30 days) provided the breaching party Party has made and continues to make a diligent effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the Company’s 's right to terminate Executive’s the Employee's employment for Cause "cause" and Executive’s the Employee's right to terminate for Good Reason "good reason" that (i1) the party seeking the termination shall first have given the other party written notice stating with specificity the reason for the termination (“"breach”") and (ii2) if such breach is susceptible of cure or remedy, a period of fifteen (15) 30 days from and after the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 15-30 day period, unless such breach cannot be cured or remedied within fifteen (15) 30 days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) 30 days) ), provided the breaching party has as made and continues to make a diligent effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the Company’s right to terminate Executive’s employment for Cause and Executive’s right to terminate for Good Reason that (i) the party seeking termination shall first have given the other party written notice stating with specificity the reason for the termination (“breach”) and (ii) if such breach is susceptible of cure or remedy, a period of fifteen (15) days from and after the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 15-day period, unless such breach cannot be cured or remedied within fifteen (15) days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) days) provided the breaching party has made and continues to make a diligent effort to effect such remedy or cure.. Executive Employment Agreement

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the CompanyBank’s right to terminate the Executive’s employment for Cause “cause” and the Executive’s right to terminate his employment for Good Reason “good reason” that (i1) the party seeking the termination shall first have given the other party written notice stating with specificity the reason for the termination (“breach”) and (ii2) if such breach is susceptible of cure or remedy, a period of fifteen (15) 30 days from and after the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 15-30 day period, unless such breach cannot be cured or remedied within fifteen (15) 30 days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) 30 days) provided the breaching party has made and continues to make a diligent effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the Company’s 's right to terminate Executive’s the Employee's employment for Cause "cause" and Executive’s the Employee's right to terminate for Good Reason "good reason" that (i1) the party seeking the termination shall first have given the other party written notice stating with specificity the reason for the termination (“"breach”") and (ii2) if such breach is susceptible of cure or remedy, a period of fifteen (15) 30 days from and after the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 15-30 day period, unless such breach cannot be cured or remedied within fifteen (15) 30 days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) 30 days) ), provided the breaching party has as made and continues to make a diligent effort to effect such remedy or cure. 2.

Notice and Opportunity to Cure. Notwithstanding the foregoing, it ------------------------------ shall be a condition precedent to the Company’s 's right to terminate the Executive’s 's employment for Cause "cause" and the Executive’s 's right to terminate his employment for Good Reason "good reason" that (i1) the party seeking the termination shall first have given the other party written notice stating with specificity the reason for the termination (“"breach”") and (ii2) if such breach is susceptible of ------ cure or remedy, a period of fifteen (15) 30 days from and after the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 1530-day period, unless such breach cannot be cured or remedied within fifteen (15) 30 days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) 30 days) provided the breaching party has made and continues to make a diligent effort to effect such remedy or cure.

Notice and Opportunity to Cure. Notwithstanding the foregoing, it shall be a condition precedent to the Company’s 's right to terminate Executive’s the Employee's employment for Cause "cause" and Executive’s the Employee's right to terminate his employment for Good Reason "good reason" that (i1) the party seeking the termination shall first have given the other party written notice stating with specificity the reason for the termination (“"breach”") and (ii2) if such breach is susceptible of cure or remedy, a period of fifteen (15) 30 days from and after the giving of such notice shall have elapsed without the breaching party having effectively cured or remedied such breach during such 1530-day period, unless such breach cannot be cured or remedied within fifteen (15) 30 days, in which case the period for remedy or cure shall be extended for a reasonable time (not to exceed an additional thirty (30) 30 days) provided the breaching party has made and continues to make a diligent effort to effect such remedy or cure.