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.
Appears in 4 contracts
Samples: Employment Agreement (Pacific Capital Bancorp), Employment Agreement (Pacific Capital Bancorp), Employment Agreement (Pacific Capital Bancorp)
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.
Appears in 3 contracts
Samples: Employment Agreement (Pacific Capital Bancorp), Employment Agreement (Pacific Capital Bancorp), Employment Agreement (Pacific Capital Bancorp)
Early Termination by Employee. This Employee may voluntarily elect to terminate this Agreement may be terminated by Employee upon thirty ninety (3090) days' days prior written notice to Employer. Employer's total liability in In such event event, Employee shall be limited entitled to payment of Employee's Base Salary and benefits receive as compensation through the date of terminationtermination 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.
Appears in 2 contracts
Samples: Employment and Non Competition Agreement (Walnut Financial Services Inc), Employment and Non Competition Agreement (Walnut Financial Services Inc)
Early Termination by Employee. This Employee may terminate this Agreement may be terminated by Employee upon thirty (30) days' written notice to Employerthe Bank. Employer's total liability in such event Employee shall not be limited entitled to payment of receive compensation or other benefits for any period after early termination by Employee's Base Salary and benefits through the date of termination, except as otherwise provided by Section 4(g) hereof.
Appears in 1 contract
Samples: Employment Agreement (First Commercial Bancorp Inc)