Common use of By Executive Without Good Reason Clause in Contracts

By Executive Without Good Reason. Executive may terminate Executive's employment hereunder without Good Reason at any time upon notice from Executive to the Board of Directors. If Executive gives notice to DIRECT III under Section 9(a) of Executive's intention that the term of employment not be extended and, as a result, Executive's employment terminates before the Scheduled Retirement Date, Executive shall be deemed to have terminated Executive's employment without Good Reason as of the expiration of the current term.

By Executive Without Good Reason. Executive may terminate Executive's his employment hereunder without Good Reason Reason, as defined in Section 5.6 below, at any time upon thirty days’ written notice from Executive (the “Notice Period”) to the Board of DirectorsCompany. If Executive gives notice to DIRECT III under Section 9(a) of Executive's intention that During the term of employment not be extended and, as a result, Executive's employment terminates before the Scheduled Retirement DateNotice Period, Executive shall continue to perform Executive’s duties hereunder and shall not be deemed to have terminated Executive's employment without Good Reason as of the expiration of the current termemployed by any other person or entity.

By Executive Without Good Reason. Executive may terminate Executive's his employment hereunder without Good Reason (as defined above) at any time upon notice from Executive to the Board Chief Executive Officer of Directors. If Executive gives notice to DIRECT III under Section 9(a) of Executive's intention that the term of employment not be extended and, as a result, Executive's employment terminates before the Scheduled Retirement Date, Executive shall be deemed to have terminated Executive's employment without Good Reason as of the expiration of the current termEmployer.

By Executive Without Good Reason. Executive may resign and terminate Executive's ’s employment hereunder without Good Reason at any time for any reason, including due to Executive’s retirement, upon notice from Executive to the Board of Directors90 days’ prior written notice. If Executive gives notice to DIRECT III under Section 9(a) of Executive's intention that the term of employment not be extended and, as a result, Executive's employment terminates before the Scheduled Retirement DateIn such event, Executive shall be deemed entitled to have terminated Executive's employment without Good Reason as of no further compensation or payments from the expiration of the current termCorporation other than earned but unpaid salary or benefits.

By Executive Without Good Reason. Executive may shall have the right to terminate Executive's ’s employment hereunder without Good Reason at any time upon notice from Executive to the Board by Notice of DirectorsTermination (as described in Section 6). If Executive gives notice to DIRECT III under Section 9(a) of terminates Executive's intention that the term of ’s employment not be extended and, as a result, Executive's employment terminates before the Scheduled Retirement Date, Executive shall be deemed to have terminated Executive's employment without for any reason other than Good Reason (as defined in Section 4.2 below), the Company’s obligations under this Agreement shall cease as of the expiration date of such termination and Executive shall not be entitled to any further compensation and benefits other than those due and payable as of the current termDate of Termination and as set forth in Sections 4.5 and 4.6.

By Executive Without Good Reason. Executive may terminate Executive's employment hereunder without Good Reason (as defined above) at any time upon notice from Executive to the Board of Directors. If Executive gives notice to DIRECT III under Section 9(a) of Executive's intention that the term of employment not be extended and, as a result, Executive's employment terminates before the Scheduled Retirement Date, Executive shall be deemed to have terminated Executive's employment without Good Reason as of the expiration of the current termChief Financial Officer.

By Executive Without Good Reason. Executive may shall have the right to terminate Executive's employment hereunder without Good Reason at any time upon notice from Executive to the Board by Notice of DirectorsTermination (as described in Section 6). If Executive gives notice to DIRECT III under Section 9(a) of Executive's intention that the term of employment not be extended and, as a result, terminates Executive's employment terminates before the Scheduled Retirement Date, Executive shall be deemed to have terminated Executive's employment without for any reason other than Good Reason (as defined in Section 4.2 below), the Company's obligations under this Agreement shall cease as of the expiration date of such termination and Executive shall not be entitled to any further compensation and benefits other than those due and payable as of the current termDate of Termination and as set forth in Sections 4.5 and 4.6.

By Executive Without Good Reason. Executive may resign and terminate Executive's employment hereunder without Good Reason at any time upon notice from Executive for any reason, including due to the Board of Directors. If Executive gives notice to DIRECT III under Section 9(a) of Executive's intention that the term of employment not be extended andretirement, as a result, Executive's employment terminates before the Scheduled Retirement Dateupon 90 days' prior written notice. In such event, Executive shall be deemed entitled to have terminated Executive's employment without Good Reason as of no further compensation or payments from the expiration of the current termCorporation other than earned but unpaid salary or benefits.