Common use of REQUIRED REGULATORY PROVISIONS Clause in Contracts

REQUIRED REGULATORY PROVISIONS. (a) The Bank may terminate the Employee's employment at any time, but any termination by the Bank, other than a termination for cause, shall not prejudice the Employee's right to compensation or other benefits under this Agreement. The Employee shall not have the right to receive compensation or other benefits for any period after a termination for cause as defined in Section 2(d) hereinabove.

Appears in 7 contracts

Samples: Special Termination Agreement (River Valley Bancorp), Special Termination Agreement (River Valley Bancorp), Special Termination Agreement (River Valley Bancorp)

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REQUIRED REGULATORY PROVISIONS. (a) The Bank Company may terminate the Employee's employment at any time, but any termination by the BankCompany, other than a termination for cause, shall not prejudice the Employee's right to compensation or other benefits under this Agreement. The Employee shall not have the right to receive compensation or other benefits for any period after a termination for cause as defined in Section 2(d) hereinabove.

Appears in 3 contracts

Samples: Change in Control Severance Agreement (SFS Bancorp Inc), Change in Control Severance Agreement (SFS Bancorp Inc), Change in Control Severance Agreement (HMN Financial Inc)

REQUIRED REGULATORY PROVISIONS. (a) The Bank may terminate the Employee's ’s employment at any time, but any termination by the Bank, other than Bank on or after a termination for cause, change in control shall not prejudice the Employee's ’s right to compensation or other benefits under this Agreement. The Employee shall not have the right to receive compensation or other benefits for any period after a termination for cause as defined in Section 2(d) hereinabove.

Appears in 2 contracts

Samples: Change in Control Agreement (Home Federal Bancorp), Change in Control Agreement (Lincoln Bancorp /In/)

REQUIRED REGULATORY PROVISIONS. (a) The Bank may terminate the Employee's employment at any time, but any termination by the Bank, other than a termination for cause, shall not prejudice the Employee's right to compensation or other benefits under this Agreement. The Employee shall not have the right to receive compensation or other benefits for any period after a termination Termination for cause Cause as defined in Section 2(d2(c) hereinabove.

Appears in 2 contracts

Samples: Control Agreement (First Federal Banc of the Southwest Inc), First Federal Banc of the Southwest Inc

REQUIRED REGULATORY PROVISIONS. (a) The Bank may terminate the Employee's employment at any time, but any termination by the Bank, other than Bank on or after a termination for cause, change in control shall not prejudice the Employee's right to compensation or other benefits under this Agreement. The Employee shall not have the right to receive compensation or other benefits for any period after a termination for cause as defined in Section 2(d) hereinabove.

Appears in 2 contracts

Samples: Change in Control Agreement (MFB Corp), Change in Control Agreement (MFB Corp)

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REQUIRED REGULATORY PROVISIONS. (a) The Bank may terminate the Employee's employment at any time, but any termination by the Bank, other than a termination for cause, shall not prejudice the Employee's right to compensation or other benefits under this Agreement. The Employee shall not have the right to receive compensation or other benefits for any period after a termination for cause as defined in Section 2(d) hereinabove.to

Appears in 1 contract

Samples: Change in Control Severance Agreement (Sho Me Financial Corp)

REQUIRED REGULATORY PROVISIONS. (aA) The Bank may terminate the Employee's ’s employment at any time, but any termination by the Bank, other than a termination for cause, shall not prejudice the Employee's ’s right to compensation or other benefits under this Agreement. The Employee shall not have the right to receive compensation or other benefits for any period after a termination for cause as defined in Section 2(d) hereinabove.

Appears in 1 contract

Samples: Special Termination Agreement (Lincoln Bancorp /In/)

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