Termination of Employee Without Cause. (a) The Board of Directors may terminate Employee's employment hereunder without Cause (as defined in subsection 10(b) below) at any time, provided, however, that such termination by the Board without Cause shall entitle Employee to the compensation described in subsection 9(b) below.
Appears in 2 contracts
Samples: Employment Agreement (Byl Bancorp), Employment Agreement (Byl Bancorp)
Termination of Employee Without Cause. (a) The Board Boards of Directors may terminate Employee's employment hereunder without Without Cause (as defined in subsection 10(b) below) at any time, provided, however, that such termination by the Board without Boards of Directors Without Cause shall entitle Employee to the compensation described in subsection 9(b8(b) below.
Appears in 2 contracts
Samples: Employment Agreement (Infinity Bancorp), Employment Agreement (Infinity Bancorp)