Common use of Termination by the Executive other than for Good Reason Clause in Contracts

Termination by the Executive other than for Good Reason. If the Executive terminates his employment hereunder other than For Good Reason, then all compensation and benefits payable to the Executive shall cease on the date of termination; provided, however, that the Bank shall pay to the Executive within 60 days of the date of termination any accrued but unpaid compensation, including accrued annual bonus, if any, which otherwise would have been payable to the Executive through the date of termination.

Termination by the Executive other than for Good Reason. If the Executive voluntarily terminates his employment hereunder during the Employment Period, other than For for Good Reason, then all compensation and benefits payable to the Executive shall cease on the date of termination; provided, however, that the Bank Company shall pay to the Executive within 60 days any portion of the date Executive’s Salary through the Date of termination Termination that has not been paid, plus any accrued but unpaid compensationother amounts due the Executive under this Agreement within 30 days and the Executive shall have any rights to continued health and welfare benefits provided by law (i.e., including accrued annual bonus, if any, which otherwise would have been COBRA) or payable to the Executive through under the date terms of terminationthe Welfare Benefit Plans in effect immediately prior to the Date of Termination.

Termination by the Executive other than for Good Reason. If the Executive terminates his employment hereunder other than For Good Reason, then all compensation and benefits payable to the Executive shall cease on the date of termination; provided, however, that the Bank Company shall pay to the Executive within 60 days of the date of termination any accrued but unpaid compensation, including accrued annual bonus, if any, which otherwise would have been payable to the Executive through the date of termination.