Specificity. Any termination of Employee’s employment by Employer or by Employee shall be communicated by written notice of termination to the other Party. For purposes of this Agreement, a “notice of termination” shall mean a dated notice which shall: (i) indicate the specific relevant termination provision in the Agreement; (ii) set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Employee’s employment under the provision; and (iii) set forth the date of termination, which shall be not less than 30 days nor more than 45 days after such notice of termination is given, unless another Section of the Agreement requires or permits a different effective date.
Appears in 5 contracts
Samples: Employment Agreement (Pro Financial Holdings Inc), Employment Agreement (First Community Bank Corp of America), Employment Agreement (Pro Financial Holdings Inc)
Specificity. Any termination of the Employee’s 's employment by Employer the Bank or by Employee shall be communicated by written notice of termination to the other PartyParty hereto. For purposes of this Agreement, a “"notice of termination” " shall mean a dated notice which shall: (i) indicate the specific relevant termination provision in the AgreementAgreement relied upon; (ii) set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of the Employee’s 's employment under the provisionprovision so indicated; and (iii) set forth the date of termination, which shall be not less than 30 days nor more than 45 days after such notice of termination is given, unless another Section except in the case of the Agreement requires or permits a different effective dateBank's termination of the Employee's employment for Cause, in which case date of termination shall be the date such notice of termination is given.
Appears in 3 contracts
Samples: Employment Agreement (Madison Bancshares Inc), Employment Agreement (Madison Bancshares Inc), Employment Agreement (Madison Bancshares Inc)
Specificity. Any termination of Employee’s employment by Employer or by Employee shall be communicated by written notice of termination to the other Party. For purposes of this Agreement, a “notice of termination” shall mean a dated notice notice, which shall: (i) indicate the specific relevant termination provision in the Agreement; (ii) set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Employee’s employment under the provision; and (iii) set forth the date of termination, which shall be not less than 30 days nor more than 45 days after such notice of termination is given, unless another Section of the Agreement requires or permits a different effective date.
Appears in 3 contracts
Samples: Employment Agreement (Alarion Financial Services Inc), Employment Agreement (Alarion Financial Services Inc), Employment Agreement (Alarion Financial Services Inc)
Specificity. Any termination of the Employee’s 's employment by Employer the Company or by Employee shall be communicated by written notice of termination to the other Partyparty hereto. For purposes of this Agreement, a “"notice of termination” " shall mean a dated notice which shall: (i) indicate the specific relevant termination provision in the AgreementAgreement relied upon; (ii) set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Employee’s 's employment under the provisionprovision so indicated; and (iii) set forth the date of termination, which shall be not less than 30 days nor more than 45 days after such notice of termination is given, unless another Section except in the case of termination of the Agreement requires or permits a different effective dateEmployee's employment for just cause, in which case date of termination shall be the date such notice of termination is given.
Appears in 1 contract
Samples: Employment Agreement (Florida Business Bancgroup Inc)
Specificity. Any termination of the Employee’s 's employment by Employer the Bank or by Employee shall be communicated by written notice of termination to the other Partyparty hereto. For purposes of this Agreement, a “"notice of termination” " shall mean a dated notice which shall: (i) indicate the specific relevant termination provision in the AgreementAgreement relied upon; (ii) set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Employee’s 's employment under the provisionprovision so indicated; and (iii) set forth the date of termination, which shall be not less than 30 days nor more than 45 days after such notice of termination is given, unless another Section except in the case of termination of the Agreement requires or permits a different effective dateEmployee's employment for just cause, in which case date of termination shall be the date such notice of termination is given.
Appears in 1 contract
Samples: Employment Agreement (Coast Financial Holdings Inc)
Specificity. Any termination of the Employee’s 's employment by the Employer or by Employee shall be communicated by written notice of termination to the other PartyParties hereto. For purposes of this Agreement, a “"notice of termination” " shall mean a dated notice which shall: (i) indicate the specific relevant termination provision in the AgreementAgreement relied upon; (ii) set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of the Employee’s 's employment under the provisionprovision so indicated; and (iii) set forth the date of termination, which shall be not less than 30 days nor more than 45 days after such notice of termination is given, unless another Section of the Agreement requires or permits a different effective date.
Appears in 1 contract
