Termination by the Bank for Cause. The Bank, effective immediately upon written notice to Executive, shall have the right to terminate the Employment Period at any time, for Cause (as defined below). In the event of such termination by the Bank after the Effective Date, the Bank shall pay Executive in a lump sum, on the Bank’s regular payroll payment date next following the thirty-second (32nd) day after the effective date of termination, Executive’s Accrued Compensation.
Appears in 4 contracts
Samples: Employment Agreement (HCBF Holding Company, Inc.), Employment Agreement (HCBF Holding Company, Inc.), Employment Agreement (HCBF Holding Company, Inc.)
