Termination by the Companies for Cause. If the Officer’s employment by the Companies shall be terminated for Cause (as defined in Section 7.4), the Companies shall pay the Officer his or her Total Base Salary earned through the Date of Termination at the rate in effect at the time Notice of Termination is given and the Companies shall have no further salary obligations to the Officer under this Agreement. The Officer shall be entitled to such retirement benefits as he or she may otherwise be entitled to on the Date of Termination. Effective as of the Date of Termination, the Officer shall no longer be an employee of the Companies and shall no longer be entitled to the privileges and benefits thereof.
Termination by the Companies for Cause. Either Company may terminate Executive’s employment prior to the expiration of the Term of Employment by written notice to the Executive for Cause (as defined below). In the event of termination of Executive’s employment in accordance with the conditions of this paragraph 3(a), the Term of Employment shall end, all of the Executive’s obligations pursuant to this Agreement (except for those provided in paragraphs 4, 5 and 6) shall end and the Companies’ obligations to pay compensation to the Executive pursuant to paragraph 2 shall cease on the effective date of termination.
Termination by the Companies for Cause. Subject to any ------------ --------------------------------------- opportunity to cure on the part of Employee, the Companies may for Cause (as hereinafter defined) terminate Employee's employment hereunder upon written notice specifying the particulars of the Cause. "Cause" shall mean:
Termination by the Companies for Cause. This Agreement and Consultant's services hereunder may be terminated for cause by the Companies upon written notice to Consultant, and Consultant shall not be entitled to receive compensation or other benefits for any period after termination for cause. "For cause" pursuant to this Agreement shall include, but not be limited to: (i) any act of dishonesty; (ii) any breach of this Agreement or any breach of a fiduciary duty (involving personal profit); (iii) any neglect of duties or negligence in carrying out duties; (iv) any willful violation of any law, rule or regulation, which, by virtue of bank regulatory restrictions imposed as a result thereof, would have a material adverse effect on the business or financial prospects of the Companies; (v) any commission of any crime (other than a traffic violation or similar offense); or (vi) the requirement to comply with any final cease-and-desist order or written agreement with any applicable state or federal bank regulatory authority which requests or orders Consultant's dismissal or limits Consultant's duties. Termination for cause by the Companies shall not constitute a waiver of any remedies which may otherwise be available to the Companies under law, equity, or this Agreement.
Termination by the Companies for Cause. (i) The employment of the Executive under this Agreement may be terminated by the Company for Cause. For purposes of this Agreement, “
Termination by the Companies for Cause. The Companies may terminate the Executive’s employment under this Agreement for “Cause” (as defined below) by delivery of written notice to the Executive specifying the Cause or Causes relied upon for such termination. Any notice of termination given pursuant to this Section 4.1.2 shall effect termination as of the date of the notice, or as of such other date as specified in the notice.
Termination by the Companies for Cause. The Executive's employment may be terminated by the Companies for Cause only by following the procedures set forth below.
Termination by the Companies for Cause. If the Services Relationship is terminated by the Company for Cause pursuant to Section 6(c) hereof, the Companies will, within 30 days, pay in a lump sum amount to KSC any accrued and unpaid Service Fee, Bonus Fee and Benefits Reimbursement Amount through the date of such termination.
Termination by the Companies for Cause. The Companies may terminate Employee's employment for Cause at any time with or without notice. In the event of such termination, Employee shall not be eligible to receive any payments set forth in this Section 3. For purposes of this Agreement, Cause shall include, without limitation, (a) an act of dishonesty causing harm to the Companies, (b) the knowing disclosure of confidential information relating to the Companies' business, (c) habitual drunkenness or narcotic drug addiction, (d) conviction of a felony, (e) willful refusal to perform or gross neglect of the duties assigned to Employee, (f) the willful breach of any law that, directly or indirectly, affects the Companies or (g) breach of the provisions of Section 8 of this Agreement.
Termination by the Companies for Cause. The Companies may terminate the Executive’s engagement hereunder for Cause at any time upon notice to the Executive setting forth in reasonable detail the nature of such Cause. The following, as determined by the Boards in their reasonable and good faith judgment, shall constitute Cause for termination: (i) the commission by or indictment of the Executive for (A) a felony, or (B) any misdemeanor involving moral turpitude, deceit, dishonesty or fraud (“indictment” for these purposes, meaning an indictment, probable cause hearing or any other procedure pursuant to which an initial determination of probable or reasonable cause with respect to such offense is made), (ii) failure to perform to the reasonable satisfaction of any of the Boards a substantial portion of the Executive’s duties and responsibilities assigned or delegated under this Agreement, which failure continues, in the reasonable judgment of such Board, after written notice given to the Executive by such Board, (iii) gross negligence, willful misconduct or insubordination of the Executive with respect to the Companies, or (iv) material breach by the Executive of any of the provisions of this Agreement. Upon the giving of notice of termination of the Executive’s engagement hereunder for Cause, the Companies shall not have any further obligation or liability to the Executive, other than for fees earned and unpaid and un-reimbursed business expenses outstanding at the date of termination.
