Term Contract Clauses (29,674)

Term. This Agreement shall be effective as of the date hereof and shall continue in effect until and shall terminate upon the earliest to occur of (a) the consummation of a sale of the Company and distribution of proceeds to or escrow for the benefit of the Stockholders in accordance with the Company's articles of incorporation; or (b) termination of this Agreement in accordance with Section 6.7.

Term. All capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Lease.

Term. The term of this Agreement, and the period during which Advisor will provide Services to the Company hereunder, shall commence on the Effective Date and shall continue in effect through December 31, 2019 (the "Term"), unless earlier terminated in accordance with Section 6 of this Agreement.

Term. 3.1Term. The term of this Lease (the "Term") and the Commencement Date shall be as specified in Section 1.5 of the Basic Lease Provisions. All of Lessee's obligations under this Lease shall be effective as of the Commencement Date. 3.2Delay in Possession. If for any reason Lessor delays in delivering possession of the Premises to Lessee so that the Commencement Date occurs after the Scheduled Commencement Date then the validity of this Lease and the obligations of Lessee under this Lease shall... not be affected and Lessor shall not be subject to any liability therefor; provided that if possession is not delivered by April 1, 2020, then Lessee has the option to terminate this Lease, and all amounts previously paid hereunder shall be refunded to Lessee and this Lease shall terminate without further force or effect. Possession of the Premises shall be deemed tendered to Lessee when (1) the improvements, if any, to be provided by Lessor under this Lease are substantially completed, (2) the Building utilities provided by Landlord are ready for use in the Premises, and (3) Lessee has reasonable access to the Premises. 3.3Early Possession. Lessor shall use its commercially reasonable efforts to deliver possession of (i) Suite 120 to Lessee as of full execution of this Lease and (iii) Suite 130 to the Lessee no later than October 1, 2019 to allow Lessee to commence the Lessee's Work and install its furniture, fixtures and equipment. If Lessee occupies the Premises prior to the Commencement Date such occupancy shall be subject to all provisions of this Lease other than payment of Rent but such occupancy shall not change the Termination Date. For the avoidance of doubt, the Commencement Date shall be deemed to have commenced not later than the date Lessee opens for business within the Premises. 3.4Notice of Commencement Date. Promptly following the Commencement Date, Lessor will deliver to Lessee a notice identifying the Commencement Date and the Termination Date, a copy of which notice shall be executed by Lessee and returned to Lessor. View More

Term. Executive's employment with the Company pursuant to the terms and conditions set forth in this Agreement will commence on the Effective Date and will expire immediately upon the termination of Executive's employment in accordance with the terms and conditions set forth in Section 5 hereof (the "Term").2. Title; Services and Duties. (a) During the Term, Executive will be employed by the Company in the position of Chief Executive Officer pursuant to the terms of this Agreement. (b) During the... Term, Executive will be a full-time employee of the Company and report directly to the board of directors of the Company (the "Board"), and have such duties, responsibilities and authority as are reasonably prescribed by the Board from time to time and normally associated with the role of a Chief Executive Officer at an entity of similar size and nature as the Company, provided that any changes prescribed by the Board to Executive's position, role, duties, responsibilities or authority shall not be considered a breach of the contractual obligations of the Company set forth in this Section 2. Executive shall devote all of his business time and best efforts to the performance of his duties to the Company and will not engage in any other business, profession or occupation for compensation. Notwithstanding the foregoing, Executive may (i) continue to engage in any outside business activities previously disclosed to the Company as of the date of this Agreement, (ii) subject to prior approval of the Board (which shall not be unreasonably withheld), serve as a director or advisor of non-profit organizations or for profit companies that are not competitive with the Company, (iii) perform and participate in charitable civic, educational, professional, community, industry affairs and other related activities and (iv) manage his personal and family investments; provided, however, that such activities do not result in a conflict of interest with the Company and do not unreasonably interfere, individually or in the aggregate, in any material respect with the performance of Executive's duties hereunder. View More

Term. Subject to the provisions of Section 5, this Agreement will have an initial term which will expire on the three-year anniversary of the Effective Date (the "Initial Term"). On the last day of the Initial Term and each year thereafter, the Agreement will automatically renew for an additional successive one-year term as of the date thereof (each, a "Renewal Term") unless any party provides the other party with written notice of non-renewal at least 90 days prior to the date of automatic renewal,... in which case the Agreement will expire at the end of the Initial Term or Renewal Term, as applicable. Non-renewal at the end of the Initial Term or a Renewal Term will not constitute termination without Cause under the Agreement or entitle Executive to severance set forth in Section 5(b)(ii) or Section 5(b)(iii), as applicable, although if a Potential Change of Control Date has occurred prior to the expiration of this Agreement, the Agreement shall remain in effect until the earliest of: (a) the end of the Change of Control Period, if a Change of Control has been completed, so long as all payments due have been made; or (b) 12 months after the Potential Change of Control Date if no Change of Control has been completed; provided, however, that in the event of a protracted regulatory clearance process with respect to a potential Change of Control, such term shall be extended so long as the Company is pursuing the potential Change of Control in good faith. View More

Term. This Employment Agreement shall have a continuous term until terminated as provided in Section 4.

Term. The term of Executive's employment under this Agreement shall be deemed to have commenced as of the Effective Date and shall continue for four (4) years after the Effective Date unless terminated in accordance with Paragraph 13 of this Agreement (the "Term"). 3 4. Compensation. For all services to be rendered by Executive for Rubicon during the Term, the Company shall pay Executive an initial base salary of Six Hundred Fifty Thousand Dollars and Zero Cents ($650,000.00) per year (the "Base... Salary"), less applicable deductions and withholdings, payable in substantially equal monthly or more frequent installments as is customary under the Company's normal payroll practices from time to time for its senior management employees. The Company shall review Executive's Base Salary no less frequently than annually and shall increase Executive's Base Salary, by no less than fifteen percent (15%) annually, retroactive to January 1st of each year during the Term, after taking into account such factors as the Company deems relevant including, without limitation, changes in the cost of living, Executive's performance, and the performance of the Company. View More

Term. This Agreement shall continue for a term commencing on the Effective Date and ending on the first anniversary of the Effective Date (the "Term"). On each annual anniversary of the Effective Date (each an "Anniversary Date") this Agreement shall automatically renew for an additional year (each succeeding one year period shall also be referred to herein as the "Term"), unless at least thirty (30) days prior to such Anniversary Date, either party gives written notice of non-renewal to the other.... If such notice of non-renewal is given as permitted hereunder, the Agreement will expire at the conclusion of such Term. Notwithstanding any provision of this Agreement to the contrary, Executive's employment may be terminated at any time prior to the expiration of the Term, as provided in Section 2 hereof and subject to the provisions of this Agreement, including, without limitation, Sections 4, 5, 6, 9, 10, 11 and 12. Notwithstanding the foregoing, in the event that at any time during the Term of this Agreement, the Company or the Bank has entered into an agreement to effect a transaction which would be a Change in Control (as defined in Section 3 hereof), then the Term of this Agreement shall be automatically extended through the date that is twelve (12) months following the date on which the Change in Control occurs, provided, however, that if the Change in Control does not occur as contemplated, then the Agreement shall automatically renew on the next Anniversary Date, unless a notice of non-renewal is given by either party hereto in the manner set forth above. View More

Term. The term of this Agreement shall be a period of three years beginning on the Commencement Date, subject to earlier termination as provided herein. Beginning on the Agreement 2 Renewal Date, and on each subsequent Agreement Renewal Date, the term of this Agreement shall be extended for a period of one year in addition to the then-remaining term, provided that within the 90 day period ending on such Agreement Renewal Date, the Board of Directors does not inform the Employee in writing that the... Agreement will not be extended. Reference herein to the term of this Agreement shall refer to both such initial term and such extended terms. Notwithstanding anything herein to the contrary, this Agreement shall immediately terminate, and no payments shall be due hereunder, if: (a) no Involuntary Termination occurs with respect to the Employee prior to the effective date of a Change in Control, if there is a Change in Control Severance Agreement in effect between the Employee and the Bank, or (b) the Employee voluntarily terminates employment with the Bank for any reason that does not constitute an Involuntary Termination. View More