At the Employee's Option. The Employee may terminate his employment, without cause, at any time upon at least sixty (60) days' advance written notice to the Company.
At the Employee's Option. The Employee may terminate his employment, with or without cause, at any time upon at least thirty (30) days' advance written notice to the Company. In the event of termination at the Employee's option, the Employee shall not be entitled to any severance or other termination benefits after the expiration of the said thirty (30) day period.
At the Employee's Option. The Employee may terminate his employment ------------------------ hereunder at any time during the Initial Term of this Agreement by giving at least thirty (30) calendar days' advance written notice to the Company. In the event of such a termination at the Employee's option, the Company may accelerate Employee's departure date and shall have no obligation to pay Employee after his actual departure date. In the event of such a termination at the Employee's option, the Employee shall be entitled to no further payments, severance or other benefits after the effective date of his termination, except as otherwise required by law.
At the Employee's Option. The Employee may terminate his employment under this Agreement, with or without cause, at any time by giving at least sixty (60) days’ advance written notice to the Company. In the event of a termination at the Employee’s option, the Company may accelerate Employee’s departure date and will have no obligation to pay Employee after his actual departure date. In the event of termination at the Employee’s option, the Employee shall be entitled to no payments, salary continuation, severance or other benefits, except for: (i) Base Salary to the extent accrued but unpaid through the date of Employee’s departure; (ii) payment for accrued but unused vacation time up to the Employee’s departure date; and (iii) statutory benefit continuation rights in accordance with COBRA (or a state law equivalent), provided Employee makes the appropriate voluntary contribution payments and subject to applicable law and the requirements of the Company’s health insurance plans then in effect.
At the Employee's Option. Subject to the Company's right to terminate the Employee's employment pursuant to Sections 4.B and 4.C below and the Employee's right to terminate his employment pursuant to Section 4.D, the Employee may terminate his employment for any reason, or for no reason, at any time upon at least sixty (60) days' prior notice. In the event the Employee terminates his employment pursuant to this Section, the Employee shall be entitled to no severance or other termination benefits, except as required by law.
At the Employee's Option. The Employee may terminate his employment at any time upon at least 60 days advance written notice to the Bank; provided, however, that the Bank, in its discretion, may cause such termination to be effective at any time during such notice period. In the event of such a voluntary termination of employment, the Employee will be entitled to receive only any earned but unpaid Base Salary and the other benefits of this Agreement through the date on which the Employee’s termination becomes effective. Notwithstanding the foregoing, any rights and benefits the Employee may have under employee benefit plans and programs of the Bank or FNB following a voluntary termination of the Employee’s employment shall be determined in accordance with the terms of such plans, agreements and programs.
At the Employee's Option. The Employee may terminate his employment at any time upon at least 60 days advance written notice to the Bank; provided, however, that the Bank, in its discretion, may cause such termination to be effective at any time during such notice period. In the event of such a voluntary termination of employment, the Employee will be entitled to receive only any earned but unpaid Base Salary and the other benefits of this Agreement through the date on which the Employee's termination becomes effective.
At the Employee's Option. The Employee may terminate his employment at any time upon at least 60 days advance written notice to the Bank; provided, however, that the Bank, in its discretion, may cause such termination to be effective at any time during such notice period. In the event of such a voluntary termination of employment, the Employee will be entitled to receive only any earned but unpaid Base Salary through the date on which the Employee's termination becomes effective; provided, however, that if at any time after two years from the date hereof, the Employee terminates this Agreement pursuant to this Section 5(e), the Employee may, by written notice to the Bank, elect to become a consultant to the Bank to perform such services as may be customarily performed by advisory directors to banks, savings and loan associations or other similar financial institutions and shall be entitled to receive for such services his Base Salary from the Bank until the expiration of three years from the date of such notice or until January 1, 2006, whichever is sooner, and shall continue to be entitled for such period to any rights and benefits the Employee may have under employee benefit plans and programs of the Bank as determined in accordance with the terms of such plans and programs, except that the Employee's right to continued health insurance coverage shall be governed by Section 4(b) hereof.
At the Employee's Option. The Employee may terminate her ------------------------- employment, with or without Good Reason, at any time upon at least sixty (60) days' advance written notice to the Company. In the event of a family emergency, including but not limited to the death or incapacity of an immediate family member, or upon other circumstances deemed sufficient by a majority of the Board of Directors, Employee may terminate her employment upon fifteen (15) days' advance written notice to the Company. In the event of termination at the Employee's option without Good Reason, the Employee shall be entitled to no severance or other termination benefits after the expiration of the sixty-day period referred to above, except as otherwise required by law. In the event the Employee
At the Employee's Option. (1) Subject to the Company's right to ------------------------ terminate the Employee pursuant to paragraphs 3.B and 3.C below, the Employee may terminate his employment hereunder for any reason at any time upon at least thirty (30) days' prior written notice. If the Employee dies during his employment hereunder, the Company shall have no further obligation to pay unaccrued compensation. If the Employee becomes disabled for such period of time and under circumstances which entitle him to receive disability benefits under the terms of any disability policy now maintained or to be purchased for the Employee by the Company, then the Board of Directors of the Company, in its discretion, may elect to terminate the Employee's employment by reason of such disability. The Employee's right to receive further unaccrued compensation shall terminate effective upon such termination.
(2) Subject to the Company's right to terminate the Employee pursuant to Sections 3.B and 3.C below, the Employee may terminate his employment hereunder upon the occurrence of "Changed Circumstances," as hereinafter defined, upon written notice to the Company. For the purposes of this Section 3.A, "Changed Circumstances" shall mean (i) a significant reduction in the nature or scope of the Employee's responsibilities, authority, powers, functions or duties of ________________________ of the Company or (ii) an adverse change in the Employee's work environment such that Employee is unable to perform his or her duties hereunder. In the event that Employee terminates his or her employment pursuant to this Section 3.A(2), the Employee shall be entitled to severance payments from the Company as determined in accordance with Section 3.D. below.
