By the Employee. (a) for Good Reason at any time after notice as provided in Section 1.11, in which event the Employer will be required to make the termination payments under Section 3.7; or (b) without Good Reason or upon the Permanent Disability of the Employee, in which event the Employer will have no further obligation to the Employee except for payment of any amounts due and owing under Section 4 on the effective date of the termination.
Appears in 4 contracts
Samples: Employment Agreement (Howard Bancorp Inc), Employment Agreement (Howard Bancorp Inc), Employment Agreement (Howard Bancorp Inc)
By the Employee. (a) for Good Reason at any time after notice as provided in Section 1.11time, in which event the Employer will be required to make the termination payments under Section 3.7; or
(b) without Good Reason or upon the Permanent Disability of the Employee, provided that the Employee gives the Employer sixty (60) days' prior written notice of the Employee's intent to terminate, in which event the Employer will have no further obligation to the Employee except for future payment of any amounts due and owing under Section 4 on the effective date of the termination.
Appears in 4 contracts
Samples: Employment Agreement (Community First Banking Co), Employment Agreement (Community First Banking Co), Employment Agreement (Community First Banking Co)
By the Employee. (a) for Good Reason at any time after notice as provided in Section 1.11time, in which event the Employer will be required to make the termination payments under Section 3.7; or
(b) without Good Reason or upon the Permanent Disability of the Employee, provided that the Employee gives the Employer sixty (60) days' prior written notice of the Employee's intent to terminate, in which event the Employer will have no further obligation to the Employee except for future payment of any amounts due and owing under Section 4 on the effective date of the termination.
Appears in 3 contracts
Samples: Employment Agreement (Banks of the Chesapeake Inc), Employment Agreement (Banks of the Chesapeake Inc), Employment Agreement (Old Line Bancshares Inc)
By the Employee. (a) for Good Reason at any time after notice as provided in Section 1.11time, in which event the Employer Employers will be required to make the termination payments under Section 3.7; oror -6-
(b) without Good Reason or upon the Permanent Disability of the Employee, provided that the Employee gives the Employers sixty (60) days' prior written notice of the Employee's intent to terminate, in which event the Employer Employers will have no further obligation to the Employee Employee, except for the payment of any amounts due and owing under Section 4 on through the effective date of the termination.
Appears in 1 contract
Samples: Employment Agreement (First Deposit Bancshares Inc)
By the Employee. (a) for Good Reason at any time after notice as provided in Section 1.11, or upon the Permanent Disability of the Employee in which event the Employer will be required to make the termination payments under Section 3.7; or
(b) without Good Reason or upon the Permanent Disability of the EmployeeReason, in which event the Employer will have no further obligation to the Employee except for payment of any amounts due and owing under Section 4 on the effective date of the termination.
Appears in 1 contract
By the Employee. (a) for Good Reason at any time after notice as provided in Section 1.111.12, in which event the Employer will be required to make the termination payments under Section 3.7; or
(b) without Good Reason or upon the Permanent Disability of the Employee, in which event the Employer will have no further obligation to the Employee except for payment of any amounts due and owing under Section 4 on the effective date of the termination.
Appears in 1 contract
