Early Termination by Employee. Should Employee terminate his employment prior to the end of the initial term or any renewal term in effect, other than for Good Reason, death or disability, Employee shall be paid his monthly base salary and unused, accrued PTO up to the last day of employment, and shall not be entitled to any other compensation or benefits under this Agreement, including any incentive bonus.
Early Termination by Employee. Employee (for other than Good Reason as defined in section 5(a)) may terminate this Agreement upon 90 days’ written notice to Bank. Employee shall continue to perform his duties under this Agreement until the end of such 90 day period, provided however, that Bank may, at its option, immediately terminate this Agreement, upon notice to Employee, and in the event that Bank so elects to terminate this Agreement, Bank shall continue to pay Employee his normal compensation through the end of such 90 day period. Thereafter, Employee shall not be entitled to receive compensation or other benefits under this Agreement, provided, however, that Employee shall be entitled to receive Vested Benefits, as defined hereinabove, and COBRA rights, as defined hereinabove.
Early Termination by Employee. EMPLOYEE may terminate this Agreement upon ninety (90) days’ written notice to CITY. EMPLOYEE shall continue to perform all duties under this Agreement until the end of such ninety (90) day period, provided, however, that CITY may, at its sole option, immediately terminate this Agreement upon written notice to EMPLOYEE, and in the event CITY elects to so terminate this Agreement, CITY shall continue to pay EMPLOYEE’s Total Compensation through the end of the ninety (90) day period. Thereafter, EMPLOYEE shall not be entitled to receive compensation or other benefits under this Agreement, provided, however, that EMPLOYEE shall be entitled to receive all rights and benefits vested under this Agreement as of the date of termination and COBRA benefits.
Early Termination by Employee. This Agreement may be terminated by Employee upon thirty (30) days' written notice to Employer. Employer's total liability in such event shall be limited to payment of Employee's Base Salary and benefits through the date of termination.
Early Termination by Employee. Employee may terminate this Agreement upon ninety (90) days' written notice to Employer. Employee shall not be entitled to receive compensation or other benefits under this Agreement for any period after such early termination by Employee, except any Vested Benefits and COBRA Rights.
Early Termination by Employee. Should Employee terminate this Agreement prior to the end of the initial term or any renewal term in effect, other than for Good Reason, death or disability, Employee shall be paid compensation as provided in this Agreement up to the date of termination, but shall not be entitled to receive payment for any accrued, unused personal time off, notwithstanding the provisions of the Employer’s manual for executive employees.
Early Termination by Employee. EMPLOYEE may terminate this Agreement upon ninety
Early Termination by Employee. Except as otherwise provided in Section 5(a), Employee may terminate this Agreement upon thirty (30) days written notice to Employer. Except as otherwise provided by Section 5(a) above and Section 5(e) below, Employee shall not be entitled to receive compensation or other benefits under this Agreement for any period after such early termination by Employee.
Early Termination by Employee. Employee may terminate this Agreement and his employment hereunder by written notice to Employer in the manner provided in Section 12(e) if: Employer substantially changes the nature of the Employee’s duties, work location or other material terms and conditions of the Employee’s performance of services, Employer files Bankruptcy, or Employer fails to pay any amounts due or provide any benefits required under this Agreement or otherwise breaches this Agreement and fails to cure such default or violation within fifteen (15) days following written notice to Employer. If the Employee terminates this Agreement for any of the above reasons, then the Employer shall, within thirty (30) days of termination, pay Employee a payment equal to a total of his then current Base Salary for the remainder of the Employment Period, plus any bonuses that would have been payable during the remainder of the Employment Period, and any non-compete and/or non-solicitation clauses shall no longer apply to Employee. Further, Employee shall immediately receive all shares and warrants as specified in Section 6. If the Employee resigns or terminates this Agreement without cause, the Employee will forfeit any outstanding options that were not vested at the time, as well as the right to any salary, severance and/or bonuses and shall only receive his Base Salary and any bonuses due prior to the date of such resignation or termination.
Early Termination by Employee. Employee may voluntarily elect to terminate this Agreement upon ninety (90) days prior written notice to Employer. In such event, Employee shall be entitled to receive as compensation through the date of termination only his accrued but unpaid base salary, an amount equivalent to his earned but unused vacation pay, an amount equivalent to any other accrued but unpaid benefits, and such bonus as the Board determines to pay Employee in its sole and absolute discretion.
