Change in Position or Duties Sample Clauses

Change in Position or Duties. Upon notice from Employee to the Bank, in the event that Employee is not elected and/or appointed as an Executive Vice President of the Bank with the duties and powers which are customarily associated with such office; or
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Change in Position or Duties. Upon written notice from Executive to the Bank, in the event that Executive is not elected Executive Vice President and Chief Credit Officer of the Bank with the duties and powers which are customarily associated with such offices, or in the event the duties and powers assigned to Executive by the Chief Executive Officer of the Bank are materially reduced below the duties and powers which are customarily associated with such offices, or in the event that the compensation paid to Executive is materially reduced below the amount of compensation that is customarily associated with such offices, or in the event of a change in job location of more than fifty (50) miles. The Bank shall have thirty (30) days from the receipt of such notice to cure any such failure under this Agreement. If such failure shall be cured, Executive shall have no right to terminate his employment under this Section 4(f). Any notice of termination of Executive’s employment with the Bank for a change as set forth under this Section 4(f) shall set forth, in reasonable detail, the facts and circumstances claimed to provide the basis for termination of his employment under the provisions contained herein.
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Change in Position or Duties. Upon written notice from Executive to the Bank, in the event that Executive is not elected Executive Vice President, Chief Operating Officer and Chief Credit Officer of the Bank other than as a result of termination for cause or regulatory action or request, or upon written notice from Executive to the Company, in the event that Executive is not elected Executive Vice President, Chief Operating Officer and Chief Credit Officer of the Company, with substantially all the duties and powers which are customarily associated with such offices, or in the event the duties and powers assigned to Executive by the Board of Directors and/or the Chief Executive Officer are reduced to substantially less than the duties and powers which are customarily associated with such offices. The Bank or the Company shall have 30 days from the receipt of such notice to cure any such failure under this Agreement. Upon the cure of such failure, Executive shall have no right to terminate her employment under this Section 4(e). Any notice of termination of Executive’s employment with the Bank or the Company for a change as set forth under this Section 4(e) shall set forth, in reasonable detail, the facts and circumstances claimed to provide the basis for termination of her employment under the provisions contained herein;
Sample 1
Change in Position or Duties. Upon notice from Executive to the Bank and/or the Company in the event Executive is not elected President/St. Lucie County and Executive Vice President of the Bank and the Company, respectively, with the duties and powers which are customarily associated with such office; provided that any change in Executive's title that results from a general restructuring of the Bank's or Company's title structure shall not result in any consequence under this Section 4(f); or (g)
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Related to Change in Position or Duties

  • CHANGE IN CIRCUMSTANCES; COMPENSATION SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair. If on or prior to the first day of any Interest Period:

  • Change in Name Give Lender written notice immediately upon forming an intention to change its name, state of organization or form of business organization.

  • Change in Tax Law Any reference to a provision of the Code, Treasury Regulations or any other Applicable Tax Law shall include a reference to any applicable successor provision of the Code, Treasury Regulations or other Applicable Tax Law.

  • Change in Fiscal Year Such Obligor will not, and will not permit any of its Subsidiaries to, change the last day of its fiscal year from that in effect on the date hereof, except to change the fiscal year of a Subsidiary acquired in connection with an Acquisition to conform its fiscal year to that of Borrower.

  • Change in Circumstances SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair. If on or prior to the first day of any Interest Period for any Euro-Dollar Loan:

  • Change in Nature of Business Engage in any material line of business substantially different from those lines of business conducted by the Borrower and its Subsidiaries on the date hereof or any business substantially related or incidental thereto.

  • Change in Legality (a) Notwithstanding any other provision of this Agreement, if any Change in Law shall make it unlawful for any Lender to make or maintain any Eurodollar Loan or to give effect to its obligations as contemplated hereby with respect to any Eurodollar Loan, then, by written notice to the Borrower and to the Administrative Agent:

  • Change in Management Permit a change in the senior management of Borrower.

  • Nature of Relationship The Company acknowledges and agrees that in connection with the offering and the sale of the Notes or any other services the Underwriters may be deemed to be providing hereunder, notwithstanding any preexisting relationship, advisory or otherwise, between the parties or any oral representations or assurances previously or subsequently made by the Underwriters: (i) no fiduciary or agency relationship between the Company and any other person, on the one hand, and the Underwriters, on the other hand, exists; (ii) the Underwriters are not acting as advisors, experts or otherwise, to the Company, including, without limitation, with respect to the determination of the public offering price of the Notes, and such relationship between the Company, on the one hand, and the Underwriters, on the other hand, is entirely and solely a commercial relationship, based on arms-length negotiations; (iii) any duties and obligations that the Underwriters may have to the Company shall be limited to those duties and obligations specifically stated herein; and (iv) the Underwriters and their respective affiliates may have interests that differ from those of the Company. The Company hereby waives any claims that the Company may have against the Underwriters with respect to any breach of fiduciary duty in connection with this offering.

  • No Change in Facts or Circumstances All information in the application for the loan submitted to Lender (the "Loan Application") and in all financial statements, rent rolls, reports, certificates and other documents submitted in connection with the Loan Application are complete and accurate in all material respects. There has been no material adverse change in any fact or circumstance that would make any such information incomplete or inaccurate.

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