Common use of Termination by the Bank Without Cause Clause in Contracts

Termination by the Bank Without Cause. The Officer’s employment may be terminated without Cause effective immediately by written notice to the Officer. In the event of termination without Cause, the Officer shall be entitled to the benefits specified in Section 4(f).

Appears in 3 contracts

Sources: Employment Agreement (Union Bankshares Corp), Employment Agreement (Union Bankshares Corp), Employment Agreement (Union Bankshares Corp)

Termination by the Bank Without Cause. The Officer’s employment may be terminated without Cause effective immediately by written notice to the Officer. In the event of termination without Cause, the Officer shall be entitled to the benefits specified in Section 4(f5(f).

Appears in 1 contract

Sources: Employment Agreement (Union First Market Bankshares Corp)