Common use of Termination Without Cause or With Good Reason Clause in Contracts

Termination Without Cause or With Good Reason. (i) The Board may, by written notice to Executive, immediately terminate his employment at any time for a reason other than Cause (a termination “Without Cause”), and Executive may, by written notice to the Board, terminate this Agreement at any time within ninety (90) days following an event constituting “Good Reason,” as defined below (a termination “With Good Reason”); provided, however, that Employer shall have thirty (30) days to cure the “Good Reason” condition, but Employer may waive its right to cure. Any termination of Executive’s employment shall have no effect on or prejudice the vested rights of Executive under Employer’s qualified or non-qualified retirement, pension, savings, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans or other employee benefit plans or programs, or compensation plans or programs in which Executive was a participant as of the date of termination, unless the terms of any particular plan or program expressly provide otherwise.

Termination Without Cause or With Good Reason. (i) The Board may, by written notice to Executive, immediately terminate his employment at any time for a reason other than Cause (a termination “Without Cause”), and Executive may, by written notice to the Board, terminate this Agreement at any time within ninety (90) days following an event constituting “Good Reason,” as defined below (a termination “With Good Reason”); provided, however, that the Employer shall have thirty (30) days to cure the “Good Reason” condition, but the Employer may waive its right to cure. Any termination of Executive’s employment employment, other than Termination for Cause shall have no effect on or prejudice the vested rights of Executive under the Employer’s qualified or non-qualified retirement, pension, savings, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans or other employee benefit plans or programs, or compensation plans or programs in which Executive was a participant as of the date of termination, unless the terms of any particular plan or program expressly provide otherwiseparticipant.

Termination Without Cause or With Good Reason. (i) The Board may, by written notice to Executive, may immediately terminate his employment at any time for a reason other than Cause (a termination “Without Cause”), and Executive may, by written notice to the Board, terminate this Agreement at any time within ninety (90) days following an event constituting “Good Reason,” as defined below (a termination “With Good Reason”); provided, however, that Employer the Company shall have thirty (30) days to cure the “Good Reason” condition, but Employer the Company may waive its right to cure. Any termination of Executive’s employment employment, other than Termination for Cause shall have no effect on or prejudice the vested rights of Executive under Employerthe Company’s qualified or non-qualified retirement, pension, savings, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans or other employee benefit plans or programs, or compensation plans or programs in which Executive was a participant as of the date of termination, unless the terms of any particular plan or program expressly provide otherwiseparticipant.

Termination Without Cause or With Good Reason. (i) The Board may, by written notice to Executive, immediately terminate his employment at any time for a reason other than Cause (a termination “Without Cause”), and Executive may, by written notice to the Board, terminate this Agreement at any time within ninety by resignation upon not less than thirty (9030) days prior written notice given within a reasonable period of time (not to exceed, except in the case of a continuing breach, four calendar months) following an event constituting “Good Reason,” , as defined below (a termination “With Good Reason”); provided, however, that Employer shall have thirty (30in sub-section 5(f)(v) days to cure the “Good Reason” condition, but Employer may waive its right to curebelow. Any termination of Executive’s employment shall have no effect on or prejudice the vested rights of Executive under Employer’s the Employers’ qualified or non-qualified retirement, pension, savings, thrift, profit-sharing sharing, incentive compensation plans or stock bonus equity plans, group life, health (including hospitalization, medical and major medical), dental, accident and long long-term disability insurance plans or other employee benefit plans or programs, or compensation plans or programs in which Executive was a participant as of the date Date of terminationTermination, unless the terms of any particular plan or program expressly provide otherwise.

Termination Without Cause or With Good Reason. (i) The Board may, by written notice to Executive, may immediately terminate his Executive’s employment at any time for a reason other than Cause (a termination “Without Cause”), and Executive may, by written notice to the Board, terminate this Agreement at any time within ninety (90) 90 days following an event constituting “Good Reason,” as defined below (a termination “With Good Reason”); provided, however, that the Employer shall have thirty (30) 30 days to cure the “Good Reason” condition, but the Employer may waive its right to cure. Any termination of Executive’s employment employment, other than termination for Cause, shall have no effect on or prejudice the vested rights of Executive under the Employer’s qualified or non-qualified retirement, pension, savings, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans or other employee benefit plans or programs, or compensation plans or programs in which Executive was a participant as of the date of termination, unless the terms of any particular plan or program expressly provide otherwiseparticipant.

Termination Without Cause or With Good Reason. (i) The Board may, by written notice to Executive, may immediately terminate his Executive’s employment at any time for a reason other than Cause (a termination “Without Cause”), and Executive may, by written notice to the Board, terminate this Agreement at any time within ninety (90) days following an event constituting “Good Reason,” as defined below (a termination “With Good Reason”); provided, however, that Employer the Company shall have thirty (30) days to cure the “Good Reason” condition, but Employer the Company may waive its right to cure. Any termination of Executive’s employment employment, other than Termination for Cause shall have no effect on or prejudice the vested rights of Executive under Employerthe Company’s qualified or non-qualified retirement, pension, savings, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans or other employee benefit plans or programs, or compensation plans or programs in which Executive was a participant as of the date of termination, unless the terms of any particular plan or program expressly provide otherwiseparticipant.

Termination Without Cause or With Good Reason. (i) The Board may, by written notice to Executive, immediately terminate his employment at any time for a reason other than Cause (a termination “Without Cause”), and Executive may, by written notice to the Board, terminate this Agreement at any time within ninety by resignation upon not less than thirty (9030) days prior written notice given within a reasonable period of time (not to exceed, except in the case of a continuing breach, four calendar months) following an event constituting “Good Reason,” , as defined below (a termination “With Good Reason”); provided, however, that Employer shall have thirty (30in sub-section 5(f)(v) days to cure the “Good Reason” condition, but Employer may waive its right to curebelow. Any termination of Executive’s employment shall have no effect on or prejudice the vested rights of Executive under Employer’s the Employers’ qualified or non-qualified retirement, pension, savings, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long long-term disability insurance plans or other employee benefit plans or programs, or compensation plans or programs in which Executive was a participant as of the date of termination, unless the terms of any particular plan or program expressly provide otherwise.

Termination Without Cause or With Good Reason. (i) The i)The Board may, by written notice to Executive, immediately terminate his employment at any time for a reason other than Cause (a termination “Without Cause”), and Executive may, by written notice to the Board, terminate this Agreement at any time within ninety (90) days following an event constituting “Good Reason,” as defined below (a termination “With Good Reason”); provided, however, that Employer the Bank shall have thirty (30) days to cure the “Good Reason” condition, but Employer the Bank may waive its right to cure. Any termination of Executive’s employment employment, other than Termination for Cause, shall have no effect on or prejudice the vested rights of Executive under Employerthe Bank’s qualified or non-non- qualified retirement, pension, savings, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans or other employee benefit plans or programs, or compensation plans or programs in which Executive was a participant as of the date of termination, unless the terms of any particular plan or program expressly provide otherwiseparticipant.