Common use of No Severance for Termination for Cause Clause in Contracts

No Severance for Termination for Cause. Anything in this Agreement to the contrary notwithstanding, under no circumstance shall the Executive be entitled to severance or termination benefits if his employment terminates for Cause.

Appears in 26 contracts

Samples: Change in Control Agreement (Newmil Bancorp Inc), Change in Control Agreement (Newmil Bancorp Inc), Change in Control Agreement (Newmil Bancorp Inc)

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No Severance for Termination for Cause. Anything in this Agreement to the contrary notwithstanding, under no circumstance shall the Executive be entitled to severance or termination benefits if his employment terminates for Cause.. For purposes of this Agreement, “Cause” means the Executive shall have committed any of the following acts -

Appears in 5 contracts

Samples: Severance Agreement (Capital Corp of the West), Severance Agreement (Capital Corp of the West), Severance Agreement (Capital Corp of the West)

No Severance for Termination for Cause. Anything in this Agreement to the contrary notwithstanding, under no circumstance shall the Executive be entitled to severance or termination benefits if his employment terminates for Cause.. For purposes of this Agreement, “Cause” means the Executive shall have committed any of the following acts:

Appears in 2 contracts

Samples: Change in Control Agreement (Paragon Commercial CORP), Change in Control Agreement (Paragon Commercial CORP)

No Severance for Termination for Cause. Anything in this Agreement to the contrary notwithstanding, under no circumstance shall the Executive be entitled to severance or termination benefits if his employment terminates for Cause.. For purposes of this Agreement, “Cause” means the Executive shall have committed any of the following acts –

Appears in 2 contracts

Samples: Severance Agreement (Midcarolina Financial Corp), Severance Agreement (Midcarolina Financial Corp)

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No Severance for Termination for Cause. Anything in this Agreement to -------------------------------------- the contrary notwithstanding, under no circumstance shall the Executive be entitled to severance or termination benefits if his employment terminates for Cause.

Appears in 2 contracts

Samples: Severance Agreement (Middlefield Banc Corp), Severance Agreement (Middlefield Banc Corp)

No Severance for Termination for Cause. Anything in this Agreement to the contrary notwithstanding, under no circumstance shall the Executive be entitled to severance or termination benefits if his employment terminates for Cause.. For purposes of this Agreement, "Cause" means the Executive shall have committed any of the following acts -

Appears in 1 contract

Samples: Severance Agreement (Capital Corp of the West)

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