Common use of Voluntary Separation from Service Clause in Contracts

Voluntary Separation from Service. Subject to subsection Section 10, the Employee may voluntarily Separate from Service with the Company during the term of this Agreement, upon at least 60 days’ prior written notice to the Company, in which case, effective as of the Separation from Service, the Employee shall receive only his base salary, Bonuses, vested rights and benefits up to the date of his Separation from Service, such benefits to be paid when and as due under those plans (unless such Separation from Service occurs pursuant to subsection 10(b) hereof, in which event the benefits, Bonuses and base salary provided for in subsection 10(a) shall apply).

Voluntary Separation from Service. Subject to subsection Section 10, the Employee may voluntarily Separate from Service with the Company during the term Term of this Agreement, upon at least 60 sixty (60) days’ prior written notice to the Company, in which case, effective as of the Separation from Service, the Employee shall receive only his base salary, Bonuses, vested rights and benefits up to the date of his Separation from Service, such benefits to be paid when and as due under those plans Accrued Benefits (unless such Separation from Service occurs pursuant to subsection 10(b) hereof, in which event the benefits, Bonuses bonuses and base salary provided for in subsection 10(a) shall apply).

Voluntary Separation from Service. Subject to subsection Section 10, the Employee may voluntarily Separate from Service with the Company Bank during the term of this Agreement, upon at least 60 days’ prior written notice to the CompanyBank, in which case, effective as of the Separation from Service, the Employee shall receive only his her base salary, Bonuses, vested rights and benefits up to the date of his her Separation from Service, such benefits to be paid when and as due under those plans (unless such Separation from Service occurs pursuant to subsection 10(b) hereof, in which event the benefits, Bonuses and base salary provided for in subsection 10(a) shall apply).