Common use of TERMS AND DUTIES Clause in Contracts

TERMS AND DUTIES. (a) The period of Executive’s employment under this Agreement shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafter. Commencing no later than December 31, 2006, and continuing no later than December 31st of each year thereafter (the “Anniversary Date”), this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“Non-Renewal Notice”) is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, that this Agreement shall terminate at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company (“Board”) will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s meeting.

TERMS AND DUTIES. (a) The term of this Agreement and the period of Executive’s employment under this Agreement hereunder shall begin as of the date first above written and shall continue for thirtytwenty-six four (3624) full calendar months thereafter. Commencing no later than December 31July 1, 2006, 2008 and continuing no later than December 31st on the first day of July of each year thereafter (the “Anniversary Date”), this Agreement shall renew for an additional year such that the remaining term shall be three twenty-four (324) years months, unless written notice of non-renewal (“Non-Renewal Notice”) is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, Date that this Agreement shall terminate at the end of thirtytwenty-six four (3624) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company Bank (the “Board”) will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s meeting.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the date first above written Commencement Date and shall continue for thirty-six (36) full calendar months thereafter, subject to earlier termination as provided herein. Commencing no later than December 31on _____________, 2006, 2005 and continuing no later than December 31st on _____________ of each year thereafter (the “"Anniversary Date”"), this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“"Non-Renewal Notice”") is provided to Executive at least thirty ninety (30) days and not more than sixty (6090) days prior to any such Anniversary Date, that this Agreement shall terminate at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company Association (“"Board”") will conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting. Reference herein to the term of this Agreement shall refer to both such initial term and such extended terms.

TERMS AND DUTIES. (a) The term of this Agreement and the period of Executive’s employment under this Agreement hereunder shall begin as of the date first above written and shall continue for thirtytwenty-six four (3624) full calendar months thereafter. Commencing no later than December 31on January 1, 2006, 2009 and continuing no later than December 31st on January 1st of each year thereafter (the “Anniversary Date”), this Agreement shall renew for an additional year such that the remaining term shall be three two (32) years unless written notice of non-renewal (“Non-Renewal Notice”) is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, that this Agreement shall terminate at the end of thirtytwenty-six four (3624) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company Bank (“Board”) will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s meeting.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafter. Commencing no later than December 31on _____________, 2006, 200__ and continuing no later than December 31st on ______________ of each year thereafter (the “"Anniversary Date”"), this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“"Non-Renewal Notice”") is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, that this Agreement shall terminate at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company Bank (“"Board”") will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafter. Commencing no later than December 31, 2006on the first anniversary date of this Agreement (the "Anniversary Date"), and continuing no later than December 31st of on each year thereafter (the “Anniversary Date”)Date thereafter, this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“"Non-Renewal Notice”") is provided to Executive at least thirty ten (3010) days and not more than sixty thirty (6030) days prior to any such Anniversary Date, that this Agreement his employment shall terminate cease at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company (“"Board”") will conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafter. Commencing no later than on December 31, 20062010, and continuing no later than on December 31st of each year thereafter (the “"Anniversary Date”"), this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“"Non-Renewal Notice”") is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, that this Agreement shall terminate at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company (“"Board”") will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting.

TERMS AND DUTIES. (a) The period of Executive’s employment under this Agreement shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafter. Commencing no later than December 31, 2006, and continuing no later than December 31st on the first anniversary date of each year thereafter this Agreement (the “Anniversary Date”)) and continuing on each Anniversary Date thereafter, this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“Non-Renewal Notice”) is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, that this Agreement in which case his employment shall terminate cease at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Bank and the Company (“Board”) will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s meeting.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafter. Commencing no later than December 31, 2006, and continuing no later than December 31st of each year thereafter (the “"Anniversary Date”"), this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“"Non-Renewal Notice”") is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, that this Agreement shall terminate at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company (“"Board”") will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting.

TERMS AND DUTIES. (a) The term of this Agreement and the period of Executive’s employment under this Agreement hereunder shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafter. Commencing no later than December 31on January 1, 2006, 2009 and continuing no later than December 31st on January 1st of each year thereafter (the “Anniversary Date”), this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“Non-Renewal Notice”) is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, that this Agreement shall terminate at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company Bank (“Board”) will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s meeting.

TERMS AND DUTIES. (a) The period of Executive’s employment under this Agreement shall begin as of the date first above written and shall continue for thirtytwenty-six four (3624) full calendar months thereafter. Commencing no later than on December 31, 2006, and continuing no later than on December 31st of each year thereafter (the “Anniversary Date”), this Agreement shall renew for an additional year such that the remaining term shall be three two (32) years unless written notice of non-renewal (“Non-Renewal Notice”) is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, that this Agreement shall terminate at the end of thirtytwenty-six four (3624) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company (“Board”) will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s meeting.

TERMS AND DUTIES. (a) The period of Executive’s employment under this Agreement shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafter. Commencing no later than December 31, 2006, and continuing no later than December 31st on the first anniversary date of each year thereafter this Agreement (the “Anniversary Date”)) and continuing on each Anniversary Date thereafter, this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“Non-Renewal Notice”) is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, that this Agreement in which case his employment shall terminate cease at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company (“Board”) will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s meeting.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafterthrough January 31, 2007. Commencing no later than December on January 31, 20062005, and continuing no later than December on January 31st of each year thereafter (the “"Anniversary Date”"), this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“"Non-Renewal Notice”") is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, that this Agreement shall terminate at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company (“"Board”") will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting.

TERMS AND DUTIES. (a) The period of Executive’s employment under this Agreement shall begin as of the date first above written Effective Date and shall continue for a period of thirty-six (36) full calendar months thereafter. Commencing no later than December 31, 2006, and continuing no later than Within ninety (90) days prior to December 31st of each year thereafter year, and each December 31st thereafter, (the each an “Anniversary Date”), this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“Non-Renewal Notice”) is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, that this Agreement shall terminate at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company Bank (the “Board”) will conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the AgreementAgreement for an additional year such that the remaining term shall be thirty-six (36) months, and the results thereof shall be included in the minutes of the Board’s meeting. Should the disinterested members of the Board determine not to renew the Agreement for an additional year, the Board shall provide written notice to Executive of such determination as soon as practicable but in no event later than ten (10) days following such determination Notwithstanding anything herein to the contrary, the Agreement shall not renew commencing on the Anniversary Date next following the Executive’s attainment of age 62.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the date first above written and shall continue for thirtytwenty-six four (3624) full calendar months thereafter. Commencing no later than on December 31, 2006, and continuing no later than on December 31st of each year thereafter (the “Anniversary Date”"AnniversaryDate"), this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“"Non-Renewal Notice”") is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, that this Agreement shall terminate at the end of thirtytwenty-six four (3624) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company (“"Board”") will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafter. Commencing no later than December 31, 2006, on the first anniversary date of this Agreement ("Anniversary Date") and continuing no later than December 31st of on each year thereafter (the “Anniversary Date”)Date thereafter, this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“"Non-Renewal Notice”") is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, that this Agreement in which case his employment shall terminate cease at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company (“"Board”") will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafter. Commencing no later than December 31, 2006, on the date of the organizational meeting following the Company's annual meeting of stockholders (the "Anniversary Date") and continuing no later than December 31st of at each year thereafter (Anniversary Date thereafter, the “Anniversary Date”), this Agreement shall renew for an additional year such that the remaining term shall be approximately three (3) years unless written notice of non-renewal (“Non-Renewal Notice”) is provided to Executive at least thirty ten (3010) days and not more than sixty thirty (6030) days prior to any such Anniversary Date, that this Agreement his employment shall terminate cease at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company Association (“"Board”") will conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting.

TERMS AND DUTIES. (a) The term of this Agreement and the period of Executive’s employment under this Agreement hereunder shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafter. Commencing no later than December 31on , 2006, and continuing no later than December 31st on of each year thereafter (the “Anniversary Date”), this Agreement shall renew for an additional year such that the remaining term shall be three (3) years years, unless written notice of non-renewal (“Non-Renewal Notice”) is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, Date that this Agreement shall terminate at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company Bank (the “Board”) will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s meeting.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the date first above written Commencement Date and shall continue for thirty-six (36) full calendar months thereafter, subject to earlier termination as provided herein. Commencing no later than December 31on August 24, 2006, 2008 and continuing no later than December 31st on August 24 of each year thereafter (the “"Anniversary Date”"), this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“"Non-Renewal Notice”") is provided to Executive at least thirty ninety (30) days and not more than sixty (6090) days prior to any such Anniversary Date, that this Agreement shall terminate at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company Association (“"Board”") will conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting. Reference herein to the term of this Agreement shall refer to both such initial term and such extended terms.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin be deemed to have commenced as of the date first above written and shall continue for thirtya period of twenty-six four (3624) full calendar months thereafter. Commencing no later than December 31Unless Notice to the contrary (as provided below) is given to the Executive, 2006, and continuing no later than December 31st of each year thereafter (the “Anniversary Date”), as of December 1 this Agreement shall renew for an additional year automatically be extended, such that the remaining term of the Agreement shall be three (3) years unless twenty-four months. For purposes of this Section 2, Notice means a written notice Notice to the Executive of non-renewal (“Non-Renewal Notice”) the non- extension of this Agreement. If Notice is provided given to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Datethe Executive, that this Agreement shall terminate at the end of thirtytwenty-six (36) four months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members December 1 of the year in which the Notice is given. The Board of Directors of the Company Bank (“"Board”") will conduct a comprehensive performance evaluation of the Executive, on at least an annual basis and review of Executive prior to every anniversary date, for purposes of determining whether to extend the AgreementAgreement and give notice of renewal, and the results thereof shall be included in the minutes of the Board’s meeting's meeting and communicated to Executive.

TERMS AND DUTIES. (a) The period of Executive’s employment under this Agreement shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafter. Commencing no later than on December 31, 20062015, and continuing no later than on December 31st of each year thereafter (the “Anniversary Date”), this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“Non-Renewal Notice”) is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, that in which event this Agreement shall terminate at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company (“Board”) will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend take action regarding non-renewal of the Agreement, and the results thereof shall be included in the minutes of the Board’s meeting. Reference herein to the term of this Agreement shall refer to both such initial term and such extended terms.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafter. Commencing no later than December 31, 2006on the first anniversary date of this Agreement (the "Anniversary Date"), and continuing no later than December 31st of on each year thereafter (the “Anniversary Date”)Date thereafter, this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“"Non-Renewal Notice”") is provided to Executive at least thirty ten (3010) days and not more than sixty thirty (6030) days prior to any such Anniversary Date, that this Agreement his employment shall terminate cease at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-non- renewal, the disinterested members of the Board of Directors of the Company Association (“"Board”") will conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafter. Commencing no later than December 31, 2006, on the first anniversary date of this Agreement ("Anniversary Date") and continuing no later than December 31st of on each year thereafter (the “Anniversary Date”)Date thereafter, this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless written notice of non-renewal (“"Non-Renewal Notice”") is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, that this Agreement in which case his employment shall terminate cease at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Bank and the Company (“"Board”") will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s 's meeting.

TERMS AND DUTIES. (a) The term of this Agreement and the period of Executive’s employment under this Agreement hereunder shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafter. Commencing no later than December 31July 1, 2006, 2008 and continuing no later than December 31st on the first day of July of each year thereafter (the “Anniversary Date”), this Agreement shall renew for an additional year such that the remaining term shall be three thirty-six (336) years months, unless written notice of non-renewal (“Non-Renewal Notice”) is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, Date that this Agreement shall terminate at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company Bank (the “Board”) will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s meeting.

TERMS AND DUTIES. (a) The period of Executive’s 's employment under this Agreement shall begin as of the date first above written and shall continue for a period of [thirty-six (36) or twenty-four (24)] full calendar months thereafter. Commencing no later than December 31, 2006on the first anniversary date of this Agreement, and continuing no later than December 31st of at each year thereafter (anniversary date thereafter, the “Anniversary Date”), this Agreement shall renew for an additional year such that the remaining term shall be three (3) years unless years; provided, however, if written notice of non-renewal (“Non-Renewal Notice”) nonrenewal is provided to Executive at least thirty ten (3010) days and not more than sixty thirty (6030) days prior to any such Anniversary Dateanniversary date, that this Agreement the employment of Executive hereunder shall terminate cease at the end of [thirty-six (36) or twenty-four (24)] months following such Anniversary Dateanniversary date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company Bank (“"Board”") will conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s meeting's meeting and communicated to Executive.

TERMS AND DUTIES. (a) The term of this Agreement and the period of Executive’s employment under this Agreement hereunder shall begin as of the date first above written and shall continue for thirty-six (36) full calendar months thereafter. Commencing no later than December 31May 1, 2006, and continuing no later than December 31st on the first day of May of each year thereafter (the “Anniversary Date”), this Agreement shall renew for an additional year such that the remaining term shall be three (3) years years, unless written notice of non-renewal (“Non-Renewal Notice”) is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to any such Anniversary Date, Date that this Agreement shall terminate at the end of thirty-six (36) months following such Anniversary Date. Prior to each notice period for non-renewal, the disinterested members of the Board of Directors of the Company Bank (the “Board”) will conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to extend the Agreement, and the results thereof shall be included in the minutes of the Board’s meeting.