Common use of Termination by Executive for Cause Clause in Contracts

Termination by Executive for Cause. Executive may terminate his employment under this Agreement by giving at least ninety (90) days' prior written notice to Employer at any time after the occurrence of any of the following without Executive's express written consent: (a) Executive is assigned to positions, duties or responsibilities that are substantially less significant than the positions, duties and responsibilities provided herein; (b) Executive is removed from or Employer fails to reelect Executive to his Corporate Position, except in connection with termination of Executive's employment for cause, disability or retirement, or in connection with suspension or termination by or pursuant to regulatory action; (c) Executive's Base Salary is reduced other than as the result of a program applied on a proportionately equivalent basis to all executives of Employer and its affiliates; or any other failure by Employer to comply with Section 4(i); (d) Executive is transferred without his consent to a location other than a home office or branch office of Employer or any of Employer's affiliates which office is or was operated by Employer or any of Employer's affiliates prior to a change in control as defined herein.

Termination by Executive for Cause. Executive may terminate his employment under this Agreement by giving at least ninety (90) days' prior written notice to Employer at any time after the occurrence of any of the following without Executive's express written consent: (a) Executive is assigned to positions, duties or responsibilities that are substantially less significant than the positions, duties and responsibilities provided herein; (b) Executive is removed from or Employer fails to reelect Executive to his Corporate Position, except in connection with termination of Executiveexecutive's employment for cause, disability or retirement, or in connection with suspension or termination terminating by or pursuant to regulatory action; (c) Executive's Base Salary is reduced other than as the result of a program applied on a proportionately equivalent basis to all executives of Employer and its affiliates; or any other failure by Employer to comply with Section 4(i); (d) Executive is transferred without his consent to a location other than a home office or branch office of Employer or any of Employer's affiliates which office is or was operated by Employer or any of Employer's affiliates prior to a change in control as defined herein.which

Termination by Executive for Cause. Executive may terminate his employment under this Agreement by giving at least ninety (90) days' prior written notice to Employer at any time after the occurrence of any of the following without Executive's express written consent: (a) Executive is assigned to positions, duties or responsibilities that are substantially less significant than the positions, duties and responsibilities provided herein; (b) Executive is removed from or Employer fails to reelect Executive to his Corporate Position, except in connection with termination of Executive's employment for cause, disability or retirement, or in connection with suspension or termination by or pursuant to regulatory action; (c) Executive's Base Salary is reduced other than as the result of a program applied on a proportionately equivalent basis to all executives of Employer and its affiliates; or any other failure by Employer to comply with Section 4(i); (d) Executive is transferred without his consent to a location other than a home office or branch office of Employer or any of Employer's affiliates which 10(c)c-5 office is or was operated by Employer or any of Employer's affiliates prior to a change in control as defined herein.