Common use of Termination by Executive Clause in Contracts

Termination by Executive. The Executive may voluntarily terminate employment under this Agreement for any reason by the service of written notice of such termination to the Company specifying an effective date of termination no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and to pay Executive through the Termination Date.

Termination by Executive. The Executive may voluntarily terminate employment under this Agreement for any reason with or without cause by the service of written notice of such termination to the Company specifying an effective date of termination a Termination Date no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; provided. In the event this Agreement is terminated by the Executive, howeverneither the Company nor the Executive will have any further obligations hereunder including, if less than thirty (30) days remain in without limitation, any obligation of the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) Company to seven (7) days. The Company reserves the right to end the employment relationship at provide any time after the date such notice is given further payments or benefits to the Company and to pay Executive through after the Termination Date.

Termination by Executive. The i. During the Employment Term, the Executive may voluntarily terminate his employment under this Agreement for any reason by the service of written notice of such termination to with the Company specifying an upon 30 days prior notice. Termination is effective date of termination no sooner than thirty (30) days and no later than sixty (60) 30 days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, notice is provided to the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) daysCompany. The Company reserves may, in its sole discretion, place the right to end the employment relationship at Executive on paid administrative leave as of any time after the date such notice is given prior to the end of the 30-day notice period and require that the Executive no longer be present on Company and premises. During any such period of paid administrative leave, the Executive is not authorized to pay Executive through act or speak as a representative of the Termination DateCompany.

Termination by Executive. The Executive may voluntarily terminate Executive’s employment under at any time by delivering sixty (60) days prior written notice to the Company; provided, however, that the terms, conditions and benefits specified in Section 5 hereof shall apply or be payable to Executive only if such termination occurs as a result of a material breach by the Company of any provision of this Agreement for any reason by which the service of Executive provides written notice of such termination to the Company specifying an effective date within ninety (90) days of termination no sooner than the initial existence of the alleged material breach and which is not cured by the Company within thirty (30) days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum Executive’s notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and to pay Executive through the Termination DateCompany.

Termination by Executive. The Prior to the expiration of the Term, Executive may voluntarily shall have the right to terminate his employment under this Agreement for upon 30 days' notice to Company given within 60 days following the occurrence of any reason by of the service of written notice of such termination to the following events, provided that Company specifying an effective date of termination no sooner than thirty (30) shall have 20 days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is has been given to Company in which to cure the Company and to pay Executive through the Termination Date.conduct or cause specified in such notice:

Termination by Executive. The Executive may voluntarily terminate employment under this Agreement for any reason by the service of upon thirty (30) days' written notice of such termination to the Company specifying an Company. The effective date of termination no sooner than ("Effective Date") shall be considered to be thirty (30) days and no later than sixty (60) days after the date subsequent to written notice of such noticetermination; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and may elect to pay have Executive through leave the Termination DateCompany immediately.

Termination by Executive. The Executive may voluntarily terminate employment under this Agreement for any reason with or without cause by the service of written notice of such termination to the Company specifying an effective date of termination a Termination Date no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice. In the event this Agreement is terminated by the Executive, neither the Company nor the Executive will have any further obligations hereunder including, without limitation, any obligation of the Company to provide any further payments or benefits to the Executive after the Termination Date other than any benefits payable by operation of paragraph 4.4 of this Agreement; provided, however, if less than thirty (30) days remain in and any vacation pay accrued through the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) daysTermination Date. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company immediately and to pay Executive through the Termination Datenotice date.

Termination by Executive. The Executive may voluntarily terminate her ------------------------ employment under this Agreement for any reason by the service of hereunder upon thirty (30) days' written notice of such termination to the Company specifying an Company. The effective date of termination no sooner than ("Effective Date") shall be considered to be thirty (30) days and no later than sixty (60) days after the date subsequent to written notice of such noticetermination; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and may elect to pay have Executive through leave the Termination DateCompany immediately.

Termination by Executive. The Executive may voluntarily terminate his ------------------------ employment under this Agreement for any reason by the service of hereunder upon thirty (30) days' written notice of such termination to the Company specifying an Company. The effective date of termination no sooner than ("Effective Date") shall be considered to be thirty (30) days and no later than sixty (60) days after the date subsequent to written notice of such noticetermination; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and may elect to pay have Executive through leave the Termination DateCompany immediately.

Termination by Executive. The i. During the Employment Term, the Executive may voluntarily terminate her employment under this Agreement for any reason by the service of written notice of such termination to with the Company specifying an upon 30 days prior notice. Termination is effective date of termination no sooner than thirty (30) days and no later than sixty (60) 30 days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, notice is provided to the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) daysCompany. The Company reserves may, in its sole discretion, place the right to end the employment relationship at Executive on paid administrative leave as of any time after the date such notice is given prior to the end of the 30-day notice period and require that the Executive no longer be present on Company and premises. During any such period of paid administrative leave, the Executive is not authorized to pay Executive through act or speak as a representative of the Termination DateCompany.

Termination by Executive. The Executive may voluntarily terminate employment under this Agreement for any reason by the service of written notice of such termination to the Company specifying an effective date of termination no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from the Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and to pay the Executive through the Termination Date, which will not change the nature of the termination for purposes of this Agreement.

Termination by Executive. The Prior to the expiration of the Term, Executive may voluntarily shall have the right to terminate his employment under this Agreement for upon 10 days' notice to Company given within 30 days following the occurrence of any reason by of the service of written notice of such termination to the following events, provided that Company specifying an effective date of termination no sooner than thirty (30) shall have 10 days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is has been given to Company in which to cure the Company and to pay Executive through the Termination Date.conduct or cause specified in such notice:

Termination by Executive. The Executive may voluntarily terminate his employment under this Agreement for any reason by the service of hereunder upon thirty (30) days' written notice of such termination to the Company specifying an Company. The effective date of termination no sooner than by the Executive ("Effective Date") shall be considered to be thirty (30) days and no later than sixty (60) days after the date subsequent to written notice of such noticetermination; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and may elect to pay have Executive through leave the Termination DateCompany immediately.

Termination by Executive. The Executive may voluntarily terminate her employment under this Agreement for any reason by the service of ------------------------ hereunder upon thirty (30) days' written notice of such termination to the Company specifying an Company. The effective date of termination no sooner than ("Effective Date") shall be considered to be thirty (30) days and no later than sixty (60) days after the date subsequent to written notice of such noticetermination; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and may elect to pay have Executive through leave the Termination DateCompany immediately.

Termination by Executive. The Executive may voluntarily terminate his employment under this Agreement for any reason with or without Cause by the service of written notice of such termination to the Company specifying an effective date of such termination no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves may in its sole discretion, elect to waive all or any part of the right to end the employment relationship at any time after the date such 30-day notice is given period with no further obligations being owed to the Executive by the Company. In the event employment is terminated by the Executive, neither the Company nor the Executive will have any further obligations hereunder, except for any obligations which expressly survive termination of employment including Sections 7, 8, 9, 10, 11 ,12 and to pay Executive through the Termination Date13.

Termination by Executive. The i. During the Employment Term, the Executive may voluntarily terminate his employment under this Agreement for any reason by the service of written notice of such termination to with the Company specifying an upon 30 days prior notice. Termination is effective date of termination no sooner than thirty (30) days and no later than sixty (60) 30 days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, notice is provided to the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) daysCompany. The Company reserves may, in its sole discretion, place the right to end the employment relationship at Executive on paid administrative leave as of any time after the date such notice is given prior to the end of the 30-day notice period and require that the Executive no longer be present on Company and premises. During any period of administrative leave, the Executive is not authorized to pay Executive through act or speak as a representative of the Termination DateCompany.

Termination by Executive. The Executive’s employment may be terminated by Executive may voluntarily terminate employment under this Agreement for any reason or no reason by the service delivering a Notice of written notice of such termination Termination to the Company specifying an effective date of termination no sooner than and the Bank at least thirty (30) days and no later than sixty (60) days after prior to the desired date of such notice; provided, however, if less than termination for Executive (with the thirty (30) days remain in day period to be referred to as the Term“Notice Period”). During the Notice Period, and at the minimum notice required sole discretion of the Bank, Executive may be relieved of all duties or prohibited from physically working at the Bank’s offices so long as Executive continues to be paid his Base Salary and receive any other amounts owed under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date Agreement during such notice is given to the Company and to pay Executive through the Termination DateNotice Period.

Termination by Executive. The Executive may voluntarily terminate employment under this Agreement with the Company at any time for any reason by the service of written notice of such termination to the Company specifying an effective date of termination or no sooner than thirty (30) days and no later than reason at all, upon sixty (60) days after the date days’ advance written notice. During such notice period Executive shall continue to diligently perform all of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) daysExecutive’s duties hereunder. The Company reserves shall have the right option, in its sole discretion, to end the employment relationship make Executive’s termination effective at any time after prior to the date end of such notice is given to period as long as the Company and pays Executive the Base Salary to pay which Executive is entitled up through the Termination Datelast day of the sixty (60) day notice period. Thereafter all obligations of the Company shall cease.

Termination by Executive. The Executive may voluntarily terminate his employment under this Agreement for any reason by hereunder upon 30 days’ written notice to the service of Company. The Termination Date shall be considered to be 30 days subsequent to written notice of such termination to termination; however, the Company specifying an effective date of termination no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from may elect to have Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to leave the Company and to pay Executive through the Termination Dateimmediately.

Termination by Executive. (a) The Executive may voluntarily terminate employment under this Agreement for the Employment Period at any reason time by the service of written notice of such termination to giving the Company specifying an effective date of termination no sooner than thirty (30) days and no later than sixty notice, in which event the Company agrees to pay to Executive salary at the rate set forth in Section 4(a) as adjusted pursuant to Section 4(b) and, to the extent permitted by the applicable plans, to provide to Executive the benefits described in Section 6 for a period of six (606) days after months commencing on the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from termination. All other rights of Executive under this Agreement (except under Section 6.2 15, 16 and 17) shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date terminate upon such notice is given to the Company and to pay Executive through the Termination Datetermination.

Termination by Executive. The i. During the Employment Term, the Executive may voluntarily terminate his or her employment under this Agreement for any reason by the service of written notice of such termination to with the Company specifying an upon 30 days prior notice. Termination is effective date of termination no sooner than thirty (30) days and no later than sixty (60) 30 days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, notice is provided to the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) daysCompany. The Company reserves may, in its sole discretion, place the right to end the employment relationship at Executive on paid administrative leave as of any time after the date such notice is given prior to the end of the 30-day notice period and require that the Executive no longer be present on Company and premises. During any such period of paid administrative leave, the Executive is not authorized to pay Executive through act or speak as a representative of the Termination DateCompany.

Termination by Executive. The Executive may voluntarily terminate employment under this Agreement for any reason by the service Employment Term upon written Notice of written notice of such termination Termination to the Company specifying an effective date of termination no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain delivered in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given person to the Company president at least 60 days before the expiration date of the then-current contract term. In the event of termination by Executive, Executive agrees to notify company president personally and confidentially prior to pay Executive through providing such notification to any other Company employee or person outside of the Termination DateExecutive’s immediate family and legal adviser.

Termination by Executive. The Executive’s employment may be terminated by Executive may voluntarily terminate employment under this Agreement for any reason with or without Good Reason by the service delivering a Notice of written notice of such termination Termination (as defined below) to the Company specifying an effective date of termination no sooner than thirty (30) days and no later than sixty prior to the desired Date of Termination (60as defined below) days after (with the date of such notice; provided, however, if less than thirty (30) days remain in day period to be referred to as the Term, the minimum notice required from “Notice Period”). A termination by Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and to pay Executive through the Termination Date.not constitute

Termination by Executive. The Executive's employment hereunder may be terminated by Executive may voluntarily terminate employment under this Agreement for at any reason by the service of written notice of such termination to the Company specifying an effective date of termination no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; provided, however, if time upon not less than thirty (30) days remain prior written notice from Executive to the Company. Executive agrees that such notice period is reasonable and necessary in light of the Termduties assumed by Executive pursuant to this Agreement and fair in light of the consideration Executive is receiving pursuant to this Agreement. If Executive terminates Executive's employment with the Company pursuant to this Section 5.5, the minimum notice required from Company shall pay Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given only an amount equal to the Company and to pay Executive Base Salary through the Termination Date, plus the cash value of any accrued but unused PTO as of the Termination Date.

Termination by Executive. (i) The Executive may voluntarily terminate employment under this Agreement for any reason by the service of may, on not less than one hundred eighty (180) days prior written notice to the Company specifically setting forth the effective date thereof, terminate the Employment Period prior to the end of the initial term or any successive term of the Employment Period under Section 2. Upon any such termination, the Company shall pay the Executive the Base Salary under Section 3 through the effective date of such termination to of the Company specifying an effective date of termination no sooner than thirty (30) days Employment Period, plus any bonus earned but not yet paid under the MIP and no later than sixty (60) days after the date of any benefits under Section 5 which have accrued through such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and to pay Executive through the Termination Datedate.

Termination by Executive. The Executive may voluntarily terminate his employment under this Agreement for hereunder at any reason by the service of written notice of such termination to the Company specifying an effective date of termination no sooner than thirty (30) days and no later than time upon sixty (60) days after prior written notice. Upon such termination by Executive, the Employer shall pay the Executive only his Base Salary due through the date on which his employment is terminated at the rate in effect at the time of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from of termination. The Employer shall then have no further obligation to Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and to pay Executive through the Termination DateAgreement.

Termination by Executive. The Executive may voluntarily terminate employment under this Agreement for any reason with or without cause by the service of written notice of such termination to the Company specifying an effective date of termination a Termination Date no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the notice date such notice is given to the Company and to pay Executive through the Termination Datenotice date. If this Agreement is terminated by the Executive in accordance with this paragraph, the obligations of the parties will be controlled by paragraph 6.6.

Termination by Executive. The If Executive may voluntarily terminate employment under this Agreement for any reason terminates his employment, with or without Good Reason, the Termination Date shall be the date indicated on the written termination notice given by the service of written notice of such termination Executive to the Company specifying an effective date of termination no sooner Company, which may not be more than thirty (30) days and no later nor less than sixty fourteen (6014) days after from its receipt by the Company; PROVIDED THAT upon receipt of Executive's termination notice, the Company may, in its sole discretion, request that Executive cease his employment activities prior to the date of referenced in such notice; provided, howeverand Executive shall promptly comply with such request, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date it being understood that such notice is given to the Company and to pay Executive through request will not change the Termination DateDate specified in this SECTION 2(d) or affect the characterization of the termination of Executive's employment.

Termination by Executive. The Executive may voluntarily terminate employment under this Agreement for any reason by the service of upon 30 days’ prior written notice (“Termination Notice”) with Company’s only obligation being the payment of the Accrued Amounts and any other amounts due upon such a termination pursuant to any other agreement between Executive and Company, and without liability for severance compensation of any kind. Notwithstanding the Company specifying an effective date foregoing, upon receipt of termination no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; providedTermination Notice, howeverCompany, if less than thirty (30) days remain in the Termits sole discretion, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship may, at any time after the date such notice is given to receipt of the Company and Termination Notice, elect to pay Executive through the amounts specified above assuming Executive’s last day of employment is 30 days from the date of the Termination DateNotice and upon such payment Executive shall cease to be employed by Company.

Termination by Executive. The Executive may voluntarily terminate her employment under this Agreement for any reason by hereunder upon 30 days’ written notice to the service of Company. The Termination Date shall be considered to be 30 days subsequent to written notice of such termination to termination; however, the Company specifying an effective date of termination no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from may elect to have Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to leave the Company and to pay Executive through the Termination Dateimmediately.

Termination by Executive. The Following an initial term of employment of twelve months from the date of this Agreement, the Executive may voluntarily terminate employment under this Agreement resign for any reason by the service of written notice of such termination to the Company specifying an or no reason, effective date of termination no sooner than thirty (30) days after he provides written notice of his intent to resign to the Company, then Executive shall be entitled to compensation pursuant to § 3(a) and no later than sixty (60b). for a period of one year (1) days after the date of such notice; providedtermination. Additionally, howeverthe Executive shall be entitled to a pro rata portion of any bonus, if less than thirty (30any, awarded pursuant to § 3(c)(i) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and to pay Executive through the Termination Dateabove.

Termination by Executive. The Executive may voluntarily terminate his employment under this Agreement for any reason with or without Cause by the service of written notice of such termination to the Company specifying an effective date of such termination no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves may in its sole discretion, elect to waive all or any part of the right to end the employment relationship at any time after the date such 30-day notice is given period with no further obligations being owed to the Executive by the Company. In the event employment is terminated by the Executive, neither the Company nor the Executive will have any further obligations hereunder, except for any obligations which expressly survive termination of employment including Sections 7, 8, 9, 10, 11, 12 and to pay Executive through the Termination Date13.

Termination by Executive. The Executive may voluntarily terminate employment under this Agreement for any reason by the service of written notice of such termination to the Company specifying an effective date of termination no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and to pay Executive through the Termination Date.this

Termination by Executive. The Executive may voluntarily terminate his or her ------------------------ employment under this Agreement for any reason by the service of hereunder upon thirty (30) days' written notice of such termination to the Company specifying an Company. The effective date of termination no sooner than ("Effective Date") shall be considered to be thirty (30) days and no later than sixty (60) days after the date subsequent to written notice of such noticetermination; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and may elect to pay have Executive through leave the Termination DateCompany immediately.

Termination by Executive. The Executive may voluntarily terminate employment under this Agreement for any reason with or without cause by the service of written notice of such termination to the Company specifying an effective date of termination a Termination Date no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice. In the event this Agreement is terminated by the Executive, neither the Company nor the Executive will have any further obligations hereunder including, without limitation, any obligation of the Company to provide any further payments or benefits to the Executive after the Termination Date other than any benefits payable by operation of paragraph 4.4 of this Agreement; provided, however, if less than thirty (30) days remain in and any vacation pay accrued through the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) daysTermination Date. The Company reserves the reservesthe right to end the employment relationship at any time after the date such notice is given to the Company immediately and to pay Executive through the Termination Datenotice date.

Termination by Executive. The Prior to the expiration of the Term, ------------------------ Executive may voluntarily shall have the right to terminate his employment under this Agreement for upon 30 days notice to Company given within 60 days following the occurrence of any reason by of the service of written notice of such termination to the following events, provided that Company specifying an effective date of termination no sooner than thirty (30) shall have 20 days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is has been given to Company in which to cure the Company and to pay Executive through the Termination Date.conduct or cause specified in such notice:

Termination by Executive. The Executive may voluntarily terminate his employment under this Agreement for at any reason time by giving the service of Corporation at least fifteen (15) days prior written notice of such termination to the Company specifying an effective date of termination no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; providedtermination. However, however, if less than thirty (30) days remain in the Termevent of a Change in Control, the minimum such fifteen (15)-day notice required from Executive under this Section 6.2 requirement shall be reduced from thirty to ten (3010) days prior written notice with respect to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and to pay resignation by Executive through the Termination Datefor one or more reasons constituting grounds for an Involuntary Termination.

Termination by Executive. The Executive may voluntarily terminate his employment under this Agreement for any reason by the service of ------------------------ hereunder upon thirty (30) days' written notice of such termination to the Company specifying an Company. The effective date of termination no sooner than ("Effective Date") shall be considered to be thirty (30) days and no later than sixty (60) days after the date subsequent to written notice of such noticetermination; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and may elect to pay have Executive through leave the Termination DateCompany immediately.

Termination by Executive. The Executive may voluntarily terminate the employment under this Agreement relationship hereunder at any time for any reason by giving the service of Company written notice of such termination at least forty-five (45) days prior to the Company specifying an effective date of termination no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) daystermination. The Company reserves the right to end the employment relationship Company, at any time after the date such notice is given to the Company and to pay Executive through the Termination Date.its election, may

Termination by Executive. The At any time beginning twelve (12) months from the date hereof, the Executive may voluntarily resign and terminate his employment under this Agreement by the Corporation for any reason by the service of whatsoever upon ninety (90) days prior written notice of such termination to the Company specifying an Corporation. Upon such a resignation, the Corporation shall be obligated only to pay to the Executive the Annual Salary then in effect payable to the Executive pursuant to this Agreement, accrued up to and including the effective date of termination no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and to pay Executive through the Termination Dateresignation.

Termination by Executive. The Executive may voluntarily terminate his employment under this Agreement for any reason by the service of hereunder upon thirty (30) days' written notice of such termination to the Company specifying an Company. The effective date of termination no sooner than ("Effective Date") shall be considered to be thirty (30) days and no later than sixty (60) days after the date subsequent to written notice of such noticetermination; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and may elect to pay have Executive through leave the Termination DateCompany immediately.

Termination by Executive. The In the event of an Employment Separation as a result of a termination by Executive may voluntarily terminate employment under this Agreement for any reason by reason, Executive must provide the service of Company with at least 14 days advance written notice ("Notice of Termination") and continue working for the Company during the 14-day notice period, but only if the Company so desires to continue Executive's employment and to compensate Executive during such period. In the event of such termination to under this Section, the Company specifying an effective date of termination no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and to will pay Executive the earned but unpaid portion of Executive's Basic Salary through the Termination Datetermination date.

Termination by Executive. 7.1 The Executive may voluntarily terminate at any time resign from employment under this Agreement for any reason by the service of written notice of such termination to with the Company specifying an effective date of termination no sooner than with thirty (30) days and no later than sixty written notice. During the probation period (60if applicable), the Executive may terminate this Agreement with three (3) days after prior notice to the date of such notice; provided, however, if less than thirty (30) days remain in Company. If the TermExecutive does so resign, the minimum notice required from Company shall have no obligation to pay any compensation to the Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) daysin respect of the termination of the Agreement. The Company reserves is entitled to have the right to end Executive stop working and/or engage in any Company business and complete transfer of duties during the employment relationship at any time after the date such notice is given to the Company and to pay Executive through the Termination Dateperiod.

Termination by Executive. The Executive may voluntarily terminate employment under this Agreement for any reason by the service Employment Term upon written Notice of written notice of such termination Termination to the Company specifying an delivered in person to the Company president at least 60 days before the effective date of such termination. In the event of termination no sooner than thirty (30) days by Executive, Executive agrees to notify company president personally and no later than sixty (60) days after confidentially prior to providing such notification to any other Company employee or person outside of the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company Executive’s immediate family and to pay Executive through the Termination Datelegal adviser.

Termination by Executive. The Executive may voluntarily at any time terminate employment under this Agreement the Term of Employment by his voluntary resignation for any or no reason by the service of written notice of such termination to the Company specifying an effective date of termination no sooner than upon thirty (30) days and no later than sixty (60) days after prior written notice to the date Company. If the Term of such notice; provided, however, if less than thirty (30) days remain in Employment is terminated by the TermExecutive’s resignation pursuant to this Section 5(d), the minimum notice required from Company shall pay to the Executive any and all benefits and compensation accrued through the Employment Termination Date and the Executive’s rights and benefits under this Section 6.2 any applicable benefit plans or programs shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date as determined under such notice is given to the Company and to pay Executive through the Termination Dateplans or programs.

Termination by Executive. The Executive may voluntarily terminate employment under this Agreement for the Employment Period at any reason by the service of time on or before December 31, 2001 upon one hundred eighty (180) days' advance written notice of such termination to the Company specifying an effective date of termination no sooner than thirty (30) days and no later than sixty (60) days after Company. Executive may terminate the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship Employment Period at any time after the date such December 31, 2001 upon ninety (90) days' advance written notice is given to the Company and to pay Executive through the Termination DateCompany.

Termination by Executive. The Executive may voluntarily terminate his employment under this Agreement for any reason with the Company by the service of delivering a written notice of such termination to the Company specifying an Company. Such termination will become effective upon the date specified in the notice of termination no sooner than (the "EFFECTIVE DATE"), provided that the Effective Date is at least thirty (30) days and no later than sixty (60) days after the date of such notice; providedthe notice of termination. In the event that Executive delivers a notice of termination to the Company, howeverExecutive shall be entitled to payment of all earned but unpaid Base Salary, if less than thirty and vacation pay through the Effective Date, payable in a lump sum within ten (3010) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and to pay Executive through the Termination Effective Date.

Termination by Executive. The Executive may voluntarily terminate his employment under this Agreement for any reason by the service of written notice of such termination to the Company specifying an effective date of termination no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date by Executive giving Company not less than ninety (90) days written notice, and provided that during such notice period, Executive shall continue to provide employment services to Company on the same basis as is given to contemplated in Section 1. In addition, during such notice period the Company Executive shall actively participate in the recruitment and to pay Executive through hiring of a reasonably suitable replacement for the Termination Dateposition of President of the Company. Such termination shall be effective upon the expiration of the time period specified in the Notice of Termination.

Termination by Executive. The Executive may voluntarily terminate his employment under this Agreement for hereunder at any reason by the service of written notice of such termination to the Company specifying an effective date of termination no sooner than thirty (30) days and no later than time upon sixty (60) days after prior written notice. Upon such termination by Executive for other than Good Reason, the Employer shall pay the Executive only his Base Salary due through the date on which his employment is terminated at the rate in effect at the time of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from of termination. The Employer shall then have no further obligation to Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves Agreement, except for the right to end the employment relationship at payout of benefits accrued under any time after the date such notice is given to the Company and to pay Executive through the Termination DateEmployee Benefit Plans or other employee benefits.

Termination by Executive. The Executive may voluntarily terminate her employment under this Agreement for any reason with the Company by the service of delivering a written notice of such termination to the Company specifying an Company. Such termination will become effective upon the date specified in the notice of termination no sooner than (the "EFFECTIVE DATE"), provided that the Effective Date is at least thirty (30) days and no later than sixty (60) days after the date of such notice; providedthe notice of termination. In the event that Executive delivers a notice of termination to the Company, howeverExecutive shall be entitled to payment of all earned but unpaid Base Salary, if less than thirty and vacation pay through the Effective Date, payable in a lump sum within ten (3010) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and to pay Executive through the Termination Effective Date.

Termination by Executive. The Executive may voluntarily at any time terminate employment under this Agreement the Term of Employment by his voluntary resignation for any reason by the service of written notice of such termination to the Company specifying an effective date of termination or no sooner than reason, upon thirty (30) days and no later than sixty (60) days after prior written notice to the date Company. If the Term of such notice; provided, however, if less than thirty (30) days remain in Employment is terminated by the TermExecutive’s resignation pursuant to this Section 5(d), the minimum notice required from Company shall pay to the Executive any and all benefits and compensation accrued through the Employment Termination Date and the Executive’s rights and benefits under this Section 6.2 any applicable benefit plans or programs shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date as determined under such notice is given to the Company and to pay Executive through the Termination Dateplans or programs.

Termination by Executive. The i. During the Employment Term, the Executive may voluntarily terminate her employment under this Agreement for any reason by the service of written notice of such termination to with the Company specifying an upon 30 days prior notice. Termination is effective date of termination no sooner than thirty (30) days and no later than sixty (60) 30 days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, notice is provided to the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) daysCompany. The Company reserves may, in its sole discretion, place the right to end the employment relationship at Executive on paid administrative leave as of any time after the date such notice is given prior to the end of the 30-day notice period and require that the Executive no longer be present on Company and premises. During any period of administrative leave, the Executive is not authorized to pay Executive through act or speak as a representative of the Termination DateCompany.

Termination by Executive. The Executive may voluntarily terminate Executive’s employment under this Agreement for any reason by the service of written provided that Executive gives Employer at least ninety (90) days’ notice in writing. Employer may, at its option, accelerate such termination date to any date at least two weeks after Executive’s notice of such termination to the Company specifying an effective date termination. Employer may also, at its option, relieve Executive of all duties and authority after notice of termination no sooner than thirty (30) days has been provided. All compensation, payments and no later than sixty (60) days after unvested benefits will cease on the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and to pay Executive through the Termination Datetermination date.

Termination by Executive. The Executive may voluntarily terminate employment under this Agreement for any reason by the service of written notice of such termination to the Company specifying an effective date of termination no sooner than thirty (30) days and no later than sixty (60) days after the date of such notice; provided, however, if less than thirty (30) days Table of Contents remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to the Company and to pay Executive through the Termination Date.

Termination by Executive. The Executive may voluntarily terminate his employment under this Agreement for any reason with or without Cause by the service of written notice of such termination to the Company specifying an effective date of such termination no sooner than thirty ninety (30) days and no later than sixty (6090) days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves may in its sole discretion, elect to waive all or any part of the right to end the employment relationship at any time after the date such 90-day notice is given period with no further obligations being owed to the Executive by the Company. In the event employment is terminated by the Executive, neither the Company nor the Executive will have any further obligations hereunder, except for any obligations which expressly survive termination of employment including Sections 7, 8, 9, 10, 11 ,12 and to pay Executive through the Termination Date13.

Termination by Executive. The Executive may voluntarily shall have the right to terminate employment under this Agreement for any reason and his employment hereunder by the service of written notice of such termination to giving the Company specifying an effective date of termination no sooner not less than thirty ninety (3090) days and no later than sixty notice. In the event that such notice is given, the Company may require Executive to leave immediately. The termination of employment shall be effective on the earlier of ninety (6090) days after issuance of the notice and the date specified in the notice. In the event of such notice; providedtermination, however, if less than thirty (30) days remain Executive shall be entitled to receive the same payments and benefits as would be provided under Section 8.2 in the Term, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given to event of a termination by the Company and to pay Executive through the Termination Datefor Cause.

Termination by Executive. The Executive may voluntarily terminate employment under this Agreement for any reason by agrees to give the service of Company one hundred twenty (120) days prior written notice of the termination of his employment with the Company, effective upon the close of business on such termination to 120th day (the Company specifying an effective date of termination no sooner than thirty (30) days and no later than sixty (60) days after the date "Resignation Date"). Upon receipt of such notice; provided, howeverthe Company shall reserve its rights to terminate Executive's employment at its election prior to the proposed Resignation Date, if less than thirty (30) days remain provided that in the Termevent of termination hereunder, the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) days. The Company reserves the right to end the employment relationship at any time after the date such notice is given entitled to the Company and to pay Executive through the Termination Date.following:

Termination by Executive. The (1) During the Employment Term, the Executive may voluntarily terminate his employment under this Agreement for any reason by the service of written notice of such termination to with the Company specifying an upon 30 days prior notice. Termination is effective date of termination no sooner than thirty (30) days and no later than sixty (60) 30 days after the date of such notice; provided, however, if less than thirty (30) days remain in the Term, notice is provided to the minimum notice required from Executive under this Section 6.2 shall be reduced from thirty (30) to seven (7) daysCompany. The Company reserves may, in its sole discretion, place the right to end the employment relationship at Executive on paid administrative leave as of any time after the date such notice is given prior to the end of the 30-day notice period and require that the Executive no longer be present on Company and premises. During any such period of paid administrative leave, the Executive is not authorized to pay Executive through act or speak as a representative of the Termination DateCompany.