Common use of Voluntary for Good Reason Clause in Contracts

Voluntary for Good Reason. The Employee may voluntarily Separate from Service under this Agreement at any time for Good Reason. In the event that the Employee has a Separation from Service for Good Reason, the Employee will first deliver to the Company a written notice which will (A) indicate the specific provisions of this Agreement relied upon for such Separation from Service, (B) set forth in reasonable detail the facts and circumstances claimed to provide a basis for such Separation from Service, and (C) describe the steps, actions, events or other items that must be taken, completed or followed by the Company to correct or cure the basis for such Separation from Service. The Company will then have 30 days following the effective date of such notice to fully correct and cure the basis for the Separation from Service. If the Company does not fully correct and cure the basis for the Employee’s Separation from Service within such 30-day period, then the Employee will have the right to Separate from Service with the Company for Good Reason immediately upon delivering to the Company a written Notice of Termination and without any further cure period. Notwithstanding the foregoing, the Company will be entitled to so correct and cure only a maximum of two times during any calendar year. The Employee shall thereupon be entitled to receive the same amount payable under subsections 8(d)(i) and 8(d)(ii) hereof, within 30 days following his date of Separation from Service and under subsection 8(d)(iii) as provided in subsection 8(d).

Voluntary for Good Reason. The Employee may voluntarily Separate from Service under this Agreement at any time for Good Reason. In the event that the Employee has a Separation from Service for Good Reason, the Employee will first deliver to the Company a written notice which will (A) indicate the specific provisions of this Agreement relied upon for such Separation from Service, (B) set forth in reasonable detail the facts and circumstances claimed to provide a basis for such Separation from Service, and (C) describe the steps, actions, events or other items that must be taken, completed or followed by the Company to correct or cure the basis for such Separation from Service. The Company will then have 30 days following the effective date of such notice to fully correct and cure the basis for the Separation from Service. If the Company does not fully correct and cure the basis for the Employee’s Separation from Service within such 30-day period, then the Employee will have the right to Separate from Service with the Company for Good Reason immediately upon delivering to the Company a written Notice of Termination and without any further cure period. Notwithstanding the foregoing, the Company will be entitled to so correct and cure only a maximum of two times during any calendar year. The Employee shall thereupon be entitled to receive the same amount payable under subsections 8(d)(i) and 8(d)(ii(ii) hereof, within 30 days following his date of Separation from Service and under subsection 8(d)(iii) as provided in subsection 8(d).

Voluntary for Good Reason. The Employee may voluntarily Separate from Service under this Agreement at any time for Good Reason. In the event that the Employee has a Separation from Service for Good Reason, the Employee will first deliver to the Company Bank a written notice which will (A) indicate the specific provisions of this Agreement relied upon for such Separation from Service, (B) set forth in reasonable detail the facts and circumstances claimed to provide a basis for such Separation from Service, and (C) describe the steps, actions, events or other items that must be taken, completed or followed by the Company Bank to correct or cure the basis for such Separation from Service. The Company Bank will then have 30 days following the effective date of such notice to fully correct and cure the basis for the Separation from Service. If the Company Bank does not fully correct and cure the basis for the Employee’s Separation from Service within such 30-day period, then the Employee will have the right to Separate from Service with the Company Bank for Good Reason immediately upon delivering to the Company Bank a written Notice of Termination and without any further cure period. Notwithstanding the foregoing, the Company Bank will be entitled to so correct and cure only a maximum of two times during any calendar year. The Employee shall thereupon be entitled to receive the same amount payable under subsections 8(d)(i) and 8(d)(ii) hereof, within 30 days following his her date of Separation from Service and under subsection 8(d)(iii) as provided in subsection 8(d).

Voluntary for Good Reason. The Employee may voluntarily Separate from Service under this Agreement at any time for Good Reason. In the event that the order for Employee has a Separation to Separate from Service for Good Reason, the Employee will shall first deliver to the Company a written notice which will (Ax) indicate the specific provisions of this Agreement relied upon for such Separation from Service, (By) set forth in reasonable detail the facts and circumstances claimed to provide a basis for such Separation from Service, and (Cz) describe the steps, actions, events events, or other items that must be taken, completed completed, or followed by the Company to correct or cure the basis for such Separation from Service. The Company will then have 30 thirty (30) days following the effective date receipt of such notice to fully correct and cure the basis for the Separation from Service. If the Company does not fully correct and cure the basis for the Employee’s Separation from Service within such thirty (30-) day period, then the Employee will have the right to Separate from Service with the Company for Good Reason immediately upon delivering to the Company a written Notice of Termination and without any further cure periodperiod (the date of such Separation from Service, the “Separation Date”). Notwithstanding the foregoing, the Company will be entitled to so correct and cure only a maximum of two times during any calendar year. The Upon such Separation from Service, Employee shall thereupon be entitled to receive the Accrued Benefits and the same amount payable under subsections 8(d)(i), (ii), (iii), (iv), and (v) and 8(d)(ii) hereof, within 30 days following his date of hereof as if such Separation from Service and under subsection 8(d)(iii) as provided in subsection 8(d)was by the Company without Just Cause.

Voluntary for Good Reason. The Employee may voluntarily Separate from Service under this Agreement at any time for Good Reason. In the event that the order for Employee has a Separation to Separate from Service for Good Reason, the Employee will shall first deliver to the Company a written notice which will (Ax) indicate the specific provisions of this Agreement relied upon for such Separation from Service, (By) set forth in reasonable detail the facts and circumstances claimed to provide a basis for such Separation from Service, and (Cz) describe the steps, actions, events events, or other items that must be taken, completed completed, or followed by the Company to correct or cure the basis for such Separation from Service. The Company will then have 30 thirty (30) days following the effective date receipt of such notice to fully correct and cure the basis for the Separation from Service. If the Company does not fully correct and cure the basis for the Employee’s Separation from Service within such thirty (30-) day period, then the Employee will have the right to Separate from Service with the Company for Good Reason immediately upon delivering to the Company a written Notice of Termination and without any further cure periodperiod (the date of such Separation from Service, the “Separation Date”). Notwithstanding the foregoing, the Company will be entitled to so correct and cure only a maximum of two times during any calendar year. The Upon such Separation from Service, Employee shall thereupon be entitled to receive the same amount payable under subsections 8(d)(i), (ii), (iii), (iv), and (v) and 8(d)(ii) hereof, within 30 days following his date of hereof as if such Separation from Service and under subsection 8(d)(iii) as provided in subsection 8(d)was by the Company without Just Cause.

Voluntary for Good Reason. The Employee may voluntarily Separate from Service under this Agreement at any time for Good Reason. In the event that the order for Employee has a Separation to Separate from Service for Good Reason, the Employee will shall first deliver to the Company a written notice which will (Ax) indicate the specific provisions of this Agreement relied upon for such Separation from Service, (By) set forth in reasonable detail the facts and circumstances claimed to provide a basis for such Separation from Service, and (Cz) describe the steps, actions, events or other items that must be taken, completed completed, or followed by the Company to correct or cure the basis for such Separation from Service. The Company will then have 30 thirty (30) days following the effective date receipt of such notice to fully correct and cure the basis for the Separation from Service. If the Company does not fully correct and cure the basis for the Employee’s Separation from Service within such thirty (30-) day period, then the Employee will have the right to Separate from Service with the Company for Good Reason immediately upon delivering to the Company a written Notice of Termination and without any further cure periodperiod (the date of such Separation from Service, the “Separation Date”). Notwithstanding the foregoing, the Company will be entitled to so correct and cure only a maximum of two times during any calendar year. The Upon such Separation from Service, Employee shall thereupon be entitled to receive the Accrued Benefits and the same amount payable under subsections 8(d)(i), (ii), (iii), and (iv) and 8(d)(ii) hereof, within 30 days following his date of hereof as if such Separation from Service and under subsection 8(d)(iii) as provided in subsection 8(d)was by the Company without Just Cause.

Voluntary for Good Reason. The Employee may voluntarily Separate from Service under this Agreement at any time for Good Reason. In the event that the order for Employee has a Separation to Separate from Service for Good Reason, the Employee will shall first deliver to the Company a written notice which will (Ax) indicate the specific provisions of this Agreement relied upon for such Separation from Service, (By) set forth in reasonable detail the facts and circumstances claimed to provide a basis for such Separation from Service, and (Cz) describe the steps, actions, events or other items that must be taken, completed completed, or followed by the Company to correct or cure the basis for such Separation from Service. The Company will then have 30 thirty (30) days following the effective date receipt of such notice to fully correct and cure the basis for the Separation from Service. If the Company does not fully correct and cure the basis for the Employee’s Separation from Service within such thirty (30-) day period, then the Employee will have the right to Separate from Service with the Company for Good Reason immediately upon delivering to the Company a written Notice of Termination and without any further cure periodperiod (the date of such Separation from Service, the “Separation Date”). Notwithstanding the foregoing, the Company will be entitled to so correct and cure only a maximum of two times during any calendar year. The Upon such Separation from Service, Employee shall thereupon be entitled to receive the same amount payable under subsections 8(d)(i), (ii), (iii), and (iv) and 8(d)(ii) hereof, within 30 days following his date of hereof as if such Separation from Service and under subsection 8(d)(iii) as provided in subsection 8(d)was by the Company without Just Cause.

Voluntary for Good Reason. The Employee may voluntarily Separate from Service under this Agreement at any time for Good Reason. In the event that the Employee has a Separation from Service for Good Reason, the Employee will first deliver to the Company a written notice which will (A) indicate the specific provisions of this Agreement relied upon for such Separation from Service, (B) set forth in reasonable detail the facts and circumstances claimed to provide a basis for such Separation from Service, and (C) describe the steps, actions, events or other items that must be taken, completed or followed by the Company to correct or cure the basis for such Separation from Service. The Company will then have 30 days following the effective date of such notice to fully correct and cure the basis for the Separation from Service. If the Company does not fully correct and cure the basis for the Employee’s 's Separation from Service within such 30-day period, then the Employee will have the right to Separate from Service with the Company for Good Reason immediately upon delivering to the Company a written Notice of Termination and without any further cure period. Notwithstanding the foregoing, the Company will be entitled to so correct and cure only a maximum of two times during any calendar year. The Employee shall thereupon be entitled to receive the same amount payable under subsections 8(d)(i) and 8(d)(ii(ii) hereof, within 30 days following his date of Separation from Service and under subsection 8(d)(iii) as provided in subsection 8(d).