The Bank cannot terminate the Executive’s employment for Cause unless it has provided written notice to the Executive of the existence of the circumstances providing grounds for termination for Cause and the Executive has had 30 days from the date on which such notice is provided to cure such circumstances, if such grounds are curable (e.g., conviction is not curable). If the Executive remedies the condition within such 30-day cure period, then no Cause shall be deemed to exist with respect to such condition. If the Executive does not remedy the curable condition within such 30-day cure period, then the Bank may deliver a notice of termination for Cause at any time following the expiration of such cure period.

The BankExecutive cannot terminate his employment with respect to the Executive’s employmentBank for CauseGood Reason unless ithe has provided written notice to the ExecutiveBank of the existence of the circumstances providing grounds for termination for CauseGood Reason within 30 days of the initial existence of such grounds and the ExecutiveBank has had 30 days from the date on which such notice is provided to cure such circumstances, if such grounds are curable (e.g., conviction is not curable).circumstances. If the ExecutiveBank remedies the condition within such 30-day cure period, then no CauseGood Reason shall be deemed to exist with respect to such condition. If the ExecutiveBank does not remedy the curable condition within such 30-day cure period, then the BankExecutive may deliver a notice of termination for CauseGood Reason at any time within 60 days following the expiration of such cure period. If the Executive does not terminate his employment for Good Reason within 60 days following the expiration of the cure period, then the Executive will be deemed to have waived his right to terminate for Good Reason with respect to such grounds.

The Bank cannotBank, through its President, may terminate the Executive’Executive's employment forwith the Bank under this Agreement without Cause unless it has providedprior to the then normal expiration of the Term of this Agreement upon thirty (30) days written noticenotice. In the event of termination without Cause, the Bank shall pay to the Executive such amounts payable to him in accordance with the then existing severance policies of the existence of the circumstances providing grounds for termination for Cause and the Executive has had 30 days from the date on which such notice is provided to cure such circumstances, if such grounds are curable (e.g., conviction is not curable). If the Executive remedies the condition within such 30-day cure period, then no Cause shall be deemed to exist with respect to such condition. If the Executive does not remedy the curable condition within such 30-day cure period, then the Bank may deliver a notice of termination for Cause at any time following the expiration of such cure period.Bank.

The Bank cannot terminate the Executive’s employment for Cause unless it has provided written notice to the Executive of the existence of the circumstances providing grounds forA termination for Cause shall not take effect unless there is compliance with the provisions of this paragraph. Executive shall be given written notice by the Company of its intention to terminate him for Cause, such notice # to state in detail the particular act or acts or failure or failures to act that constitute the grounds on which the proposed termination for Cause is based and # to be given within 90 days of the Company's learning of such act or acts or failure or failures to act. Executive has had 30shall have 20 days fromafter the date onthat such written notice has been given to him in which such notice is provided to cure such circumstances, ifconduct, to the extent such grounds are curable (e.g., convictioncure is not curable).possible. If he fails to cure such conduct, Executive shall then be entitled to a hearing before the Executive remedies the condition within such 30-day cure period, then no CauseBoard. Such hearing shall be deemedheld within 25 days of such notice to exist with respectExecutive, provided he requests such hearing within 10 days of the written notice from the Company of the intention to terminate him for Cause. If, within five days following such condition. Ifhearing, Executive is furnished written notice by the Executive does not remedy the curable condition within such 30-day cure period, then the Bank may deliver a notice of terminationBoard confirming that, in its judgment, grounds for Cause at any time followingon the expirationbasis of such cure period.the original notice exist, he shall thereupon be terminated for Cause.