Other Voluntary Termination by the Executive. During the term of this Agreement, the Executive may effect, upon sixty (60) days prior written notice to the Bank, a Voluntary Termination of his employment hereunder. A “Voluntary Termination” shall mean a termination of employment by the Executive on his own initiative other than (a) a termination due to death or Disability (as defined in Section 11 of this Agreement), or (b) a
Appears in 5 contracts
Samples: Employment Agreement (Provident Bancorp, Inc. /MD/), Employment Agreement (Provident Bancorp, Inc. /MD/), Employment Agreement (Provident Bancorp, Inc. /MD/)
Other Voluntary Termination by the Executive. During the term of this Agreement, the Executive may effect, upon sixty (60) days prior written notice to the Bank, a Voluntary Termination of his her employment hereunder. A “Voluntary Termination” shall mean a termination of employment by the Executive on his her own initiative other than (a) a termination due to death or Disability (as defined in Section 11 of this Agreement), or (b) a
Appears in 2 contracts
Samples: Employment Agreement (Provident Bancorp, Inc. /MD/), Employment Agreement (Provident Bancorp, Inc.)
Other Voluntary Termination by the Executive. During the term of this Agreement, the Executive may effect, upon sixty (60) days prior written notice to the Bank, a Voluntary Termination of his employment hereunder. A “Voluntary Termination” shall mean a termination of employment by the Executive on his own initiative other than (a) a termination due to death or Disability (as defined in Section 11 of this Agreement)Disability, or (b) a
Appears in 1 contract
Samples: Employment Agreement (Provident Bancorp, Inc. /MD/)