Common use of Without Just Cause Clause in Contracts

Without Just Cause. The Board may, by written notice to the Employee, immediately terminate his employment at any time for any reason; provided that, if such termination is for any reason other than pursuant to Sections 9(a), (b) or (c) above, the Employee shall be entitled to receive the salary provided pursuant to Section 2 hereof, up to the date of expiration of the term (including any renewal term then in effect) of this Agreement. Said sum shall be paid in one lump sum within 10 days of such termination.

Appears in 11 contracts

Samples: Employment Agreement (Hopfed Bancorp Inc), Employment Agreement (Hopfed Bancorp Inc), Employment Agreement (Hopfed Bancorp Inc)

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Without Just Cause. The Board may, by written notice to the Employee, immediately terminate his employment at any time for any reason; provided that, if such termination is for any a reason other than pursuant to Sections 9(a)Just Cause, (b) or (c) above, in which event the Employee shall be entitled to receive the salary provided pursuant to Section 2 following compensation and benefits (unless such termination occurs within the time period set forth in subsection 10(a) hereof, up to in which event the date of expiration of the term (including any renewal term then benefits and compensation provided for in effect) of this Agreement. Said sum Section 10 shall be paid in one lump sum within 10 days of such termination.apply):

Appears in 5 contracts

Samples: Employment Agreement (First Financial Corp /In/), Employment Agreement (First Financial Corp /In/), Employment Agreement (First Financial Corp /In/)

Without Just Cause. The Board may, by written notice to the Employee, immediately terminate his employment at any time for any reason; provided that, if such termination is for any a reason other than pursuant to Sections 9(a)Just Cause, (b) or (c) above, in which event the Employee shall be entitled to receive the salary provided pursuant to following compensation and benefits (unless such termination occurs within the time period set forth in Section 2 10(a) hereof, up to in which event the date of expiration of the term (including any renewal term then benefits and compensation provided for in effect) of this Agreement. Said sum Section 10 shall be paid in one lump sum within 10 days of such termination.apply):

Appears in 4 contracts

Samples: Employment Agreement (First Financial Corp /In/), Employment Agreement (First Financial Corp /In/), Employment Agreement (First Financial Corp /In/)

Without Just Cause. The Board may, by written notice to the Employee, immediately terminate his employment at any time for any reason; provided that, if such termination is for any reason other than pursuant to Sections 9(a), (b) or (c) above, the Employee shall be entitled to receive the salary provided pursuant to Section 2 hereof, up to the date of expiration of the term (including any renewal term then in effect) of this Agreement. Said sum shall be paid paid, at the option of the Employee, either (1) in periodic payments over the remaining term of this Agreement, as if the Employee's employment had not terminated, or (2) in one lump sum within 10 days of such termination.

Appears in 3 contracts

Samples: Employment Agreement (Hopfed Bancorp Inc), Employment Agreement (Hopfed Bancorp Inc), Employment Agreement (Hopfed Bancorp Inc)

Without Just Cause. The Board may, by written notice to the Employee, immediately terminate his employment at any time for any reason; provided that, if such termination is for any reason other than pursuant to Sections 9(a), (b) or (c) above, the Employee shall be entitled to receive the salary provided pursuant to Section 2 hereof, up to the date of expiration of the term (including any renewal term then in effect) of this AgreementAgreement (the “Termination Date”). Said sum shall be paid in one lump sum payment within 10 days of such termination.

Appears in 3 contracts

Samples: Employment Agreement (Hopfed Bancorp Inc), Employment Agreement (Hopfed Bancorp Inc), Employment Agreement (Hopfed Bancorp Inc)

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Without Just Cause. The Board may, by written notice to the Employee, immediately terminate his employment at any time for any reason; provided that, if such termination is for any reason other than pursuant to Sections 9(a), (b) or (c) above, the Employee shall be entitled to receive the salary provided pursuant to Section 2 hereofEmployee’s “Base Salary” as of the date of termination and as defined in Bank Agreement, up to the date of expiration of the current term (including any renewal term then in effect) of this Agreement. Said sum shall be paid in one lump sum within 10 days of such termination.

Appears in 1 contract

Samples: Employment Agreement (Hopfed Bancorp Inc)

Without Just Cause. The Board may, by written notice to the Employee, immediately terminate his employment at any time for any reason; provided that, if such termination is for any reason other than pursuant to Sections 9(a), (b) or (c) above, the Employee shall be entitled to receive the salary Base Salary provided pursuant to Section 2 hereofhereof as of the date of termination, up to the date of expiration of the current term (including any renewal term then in effect) of this Agreement. Said sum shall be paid in one lump sum within 10 days of such termination.

Appears in 1 contract

Samples: Employment Agreement (Hopfed Bancorp Inc)

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