Right to Cure Default. In the event that either party shall be alleged to be in breach of this Agreement, written notice shall be given by the other party and a Ten (10) day opportunity to cure shall be provided. After such Ten (10) day cure period, if the breach is not cured and remains as alleged, the breaching party shall be deemed in default and this Agreement may be terminated by written notice to the breaching or defaulting party.
Appears in 4 contracts
Samples: Executive Vice President Employment Agreement (Commercefirst Bancorp Inc), Employment Agreement (Commercefirst Bancorp Inc), President Employment Agreement (Commercefirst Bancorp Inc)
Right to Cure Default. In the event that either party shall be alleged to be in breach of this Agreement, written notice shall be given by the other party and a Ten Thirty (1030) day opportunity to cure shall be provided. After such Ten Thirty (1030) day cure period, if the breach is not cured and remains as alleged, the breaching party shall be deemed in default and this Agreement may be terminated by written notice to the breaching or defaulting party.
Appears in 4 contracts
Samples: Employment Agreement (Suburban Bancshares Inc), Severance Agreement (Suburban Bancshares Inc), Severance Agreement (Suburban Bancshares Inc)
Right to Cure Default. In the event that either party shall be alleged to ---------------------- be in breach of this Agreement, written notice shall be given by the other party and a Ten (10) 10 day opportunity to cure shall be provided. After such Ten (10) 10 day cure period, if the breach is not cured and remains as alleged, the breaching party shall be deemed in default and this Agreement may be terminated by written notice to in the breaching or defaulting partymanner provided in Paragraph 5, above.
Appears in 1 contract
Samples: Board Chairman's Services Agreement (Columbia Bancorp)
Right to Cure Default. In the event that either party shall be alleged to be in material breach of this Agreement, written notice shall be given by the other party and a Ten Thirty (1030) day opportunity to cure shall be provided. After such Ten Thirty (1030) day cure period, if the breach is not cured and remains as alleged, the breaching party shall be deemed in default and this Agreement may be terminated by written notice to the breaching or defaulting party.
Appears in 1 contract
Right to Cure Default. In the event that either party shall be alleged to be in breach of this Agreement, written notice shall be given by the other party and a Ten (10) day opportunity to cure shall be provided. After such Ten (10) day cure period, if the breach is not cured and remains as alleged, the breaching party shall be deemed in default and this Agreement may be terminated by written notice to in the breaching or defaulting partymanner provided in Paragraph 6, above.
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Right to Cure Default. In the event that either party shall be alleged to be in breach of this Agreement, written notice shall be given by the other party and a Ten (10) 10 day opportunity to cure shall be provided. After such Ten (10) 10 day cure period, if the breach is not cured and remains as alleged, the breaching party shall be deemed in default and this Agreement may be terminated by written notice to in the breaching or defaulting partymanner provided in Paragraph 5, above.
Appears in 1 contract
