Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term of this Agreement, upon at least 60 days’ prior written notice to the Board of Directors, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to the date of his termination of employment.
Resignation by Executive without Good Reason. Executive may resign from employment during the Employment Period without Good Reason at any time by giving notice to the Bank as described in Section 6(f). In the event Executive resigns from employment without Good Reason, Sterling’s sole obligation shall be to pay or provide to Executive any Accrued Obligations.
Resignation by Executive without Good Reason. Executive may, without cause, and without Good Reason terminate his own employment under this Agreement, effective thirty (30) days after written notice is provided to the Company or such earlier time as any such resignation may be accepted by the Company. If Executive resigns or otherwise terminates his employment without Good Reason, Executive shall receive no severance compensation.
Resignation by Executive without Good Reason. Executive may resign and terminate this Agreement upon written notice to the Corporation as provided herein. In the event Executive’s employment under this Agreement is terminated by the resignation of the Executive without Good Reason (as hereinafter defined), Executive shall thereafter have no right to receive compensation or other benefits under this Agreement.
Resignation by Executive without Good Reason. If Executive terminates Executive’s employment with the Company without “Good Reason” pursuant to subsection 6(b), then the Executive shall not be entitled to severance pay. However, in such event the Company shall pay to Executive his accrued but unpaid salary and any amount due (and not previously paid) to Executive under subsection 3(e) for reasonable expenses incurred by Executive in the performance of his duties hereunder.
Resignation by Executive without Good Reason. Executive may resign from Executive’s employment with the Company at any time by giving notice as described in Section 7.1, and subject to the advance notice requirement set forth in Section 1.1 above. In the event Executive resigns from employment with the Company for any reason (other than a resignation for Good Reason as described in Section 6.4 below), Executive will not receive Severance Benefits or any other severance compensation or benefits, except that the Company shall pay and provide the Accrued Obligations.
Resignation by Executive without Good Reason. If Executive’s employment is terminated voluntarily by Executive during the Term without Good Reason, Executive’s employment shall terminate without further obligations to Executive other than for payment of the sum of any unpaid Salary and reimbursable expenses accrued and owing to Executive prior to the termination. The sum of such amounts shall hereinafter be referred to as the “Accrued Obligations,” which shall be paid to Executive or Executive’s estate or beneficiary within thirty (30) days of the date of termination.
Resignation by Executive without Good Reason. (A) Executive may resign Executive’s employment without Good Reason; provided that if Executive elects to resign without Good Reason, then Executive shall provide written notice to Ultra specifying that Executive is resigning without Good Reason and specifying the effective date thereof, which may be immediate.
(B) If Executive resigns Executive's employment without Good Reason, then Ultra shall provide the Severance Benefits to Executive and shall also pay Executive the Accrued Obligations as of the Termination Date but shall have no other obligation to pay or provide Executive any severance or benefits, and Executive shall have no right to receive any other payments, severance or other benefits.
Resignation by Executive without Good Reason. Executive may resign from employment during the term of this Agreement without Good Reason upon at least 30 days prior written notice to the Board, provided, however, that the Bank may accelerate the date of termination upon receipt of written notice of Executive’s resignation. In the event Executive resigns without Good Reason, the Bank’s sole obligation will be to pay or provide to Executive any Accrued Obligations.
Resignation by Executive without Good Reason. Notwithstanding the provisions of Section 3 above, Executive may resign his employment hereunder without Good Reason (as defined below) upon sixty (60) days’ prior written notice to the Company (such notice hereinafter referred to as a “Resignation Notice”). If the Company receives any such Resignation Notice, the Company may elect, in its sole discretion and for any reason or for no reason, to accept Executive’s resignation as of the date set forth in the Resignation Notice, which such date shall not be later than sixty (60) days after it is provided to the Company, or request that the Executive remain through the full sixty (60) day period.
