Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five (45) days prior written notice to the Bank. In such event, Executive shall receive all compensation and other benefits to which he was entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Date.
Appears in 11 contracts
Samples: Employment Agreement (First Federal Capital Corp), Employment Agreement (First Federal Capital Corp), Employment Agreement (First Federal Capital Corp)
Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate his employment under during the term of this Agreement at any time by giving upon at least forty-five ninety (4590) days days’ prior written notice to the Bank. In such eventBoard, in which case Executive shall receive all compensation only his compensation, vested rights and other employee benefits up to which he was entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Datedate of his termination.
Appears in 11 contracts
Samples: Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp)
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five thirty (4530) days prior written notice to the BankEmployers. In such event, Executive shall receive all compensation and other benefits in which he was vested or to which he was otherwise entitled under Section 4 through the date specified in such notice (the "Termination Date andDate"), in addition, shall receive addition to all other benefits available to him under the Bank's Benefit Plans as in effect on benefit plans and programs to which he was entitled by reason of employment through the Termination Date.
Appears in 10 contracts
Samples: Employment Agreement (St Francis Capital Corp), Employment Agreement (St Francis Capital Corp), Employment Agreement (St Francis Capital Corp)
Voluntary Termination by Executive. Subject to Section 12 hereof, the Executive may voluntarily terminate his employment under with the Bank during the term of this Agreement at any time by giving Agreement, upon at least forty-five (45) days 90 days' prior written notice to the Bank. In such eventBoard, in which case the Executive shall receive all compensation only his compensation, vested rights and other employee benefits up to which he was entitled under the date of his termination (unless such termination occurs pursuant to Section 4 through 10(e) hereof or within the Termination Date andProtected Period, in additionwhich event the benefits and compensation provided for in Sections 10(d) or 12, as applicable, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Dateapply).
Appears in 8 contracts
Samples: Employment Agreement (HFB Financial Corp), Employment Agreement (HFB Financial Corp), Employment Agreement (HFB Financial Corp)
Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate his employment under during the Term of this Agreement at any time by giving upon at least forty-five sixty (4560) days prior written notice to the BankBoard. In such eventUpon Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits through the date of his termination. Following his voluntary termination of employment under this Section 10(e), Executive shall receive all compensation and other benefits will continue to which he was entitled under be subject to the restrictions set forth in Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Date10(g) of this Agreement.
Appears in 8 contracts
Samples: Employment Agreement (CBM Bancorp, Inc.), Employment Agreement (CBM Bancorp, Inc.), Employment Agreement (CBM Bancorp, Inc.)
Voluntary Termination by Executive. Executive may voluntarily In addition to his other rights to terminate his employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement at any time by giving (other than “With Good Reason” as defined below) upon at least forty-five thirty (4530) days prior written notice to the BankBoard. In such eventUpon Executive’s voluntary termination, Executive shall will receive all only his earned but unpaid compensation and other vested rights and benefits to which he was entitled under Section 4 through as of the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Datedate of his termination.
Appears in 7 contracts
Samples: Employment Agreement (Bancorp 34, Inc.), Employment Agreement (Bancorp 34, Inc.), Employment Agreement (Bancorp 34, Inc.)
Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, the Executive may voluntarily terminate his employment under with the Bank and the Company during the term of this Agreement at any time by giving upon at least forty-five sixty (4560) days prior written notice to each Board, in which case the Bank. In such event, Executive shall receive all compensation only his compensation, vested rights and other employee benefits up to which he was entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Datedate of his termination.
Appears in 7 contracts
Samples: Employment Agreement (Union Financial Bancshares Inc), Employment Agreement (Union Financial Bancshares Inc), Employment Agreement (Union Financial Bancshares Inc)
Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate his employment under during the term of this Agreement at any time by giving upon at least forty-five sixty (4560) days prior written notice to the BankBoard. In such eventUpon Executive’s voluntary termination, Executive shall he will receive all only his compensation and other vested rights and benefits up to which he was entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Datedate of his termination.
Appears in 6 contracts
Samples: Company Employment Agreement (Chicopee Bancorp, Inc.), Employment Agreement (Chicopee Bancorp, Inc.), Three Year Employment Agreement (Chicopee Bancorp, Inc.)
Voluntary Termination by Executive. In addition to her other rights to terminate under this Agreement, Executive may voluntarily terminate his employment under during the term of this Agreement at any time by giving upon at least forty-five ninety (4590) days days’ prior written notice to the Bank. In such eventBoard, in which case Executive shall receive all compensation only her compensation, vested rights and other employee benefits up to which he was entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Datedate of her termination.
Appears in 6 contracts
Samples: Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp)
Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate his employment under during the term of this Agreement at any time by giving upon at least forty-five sixty (4560) days prior written notice to the BankBoard. In such eventUpon Executive’s voluntary termination, Executive shall he will receive all compensation only his compensation, and other vested rights and benefits to which he was entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Datedate of his termination.
Appears in 6 contracts
Samples: Company Employment Agreement (Chicopee Bancorp, Inc.), Employment Agreement (Chicopee Bancorp, Inc.), Three Year Employment Agreement (Chicopee Bancorp, Inc.)
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five ninety (4590) days prior written notice to the Bank. In such event, Executive shall receive all compensation and other benefits to which he was entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Date.
Appears in 5 contracts
Samples: Employment Agreement (First Federal Capital Corp), Employment Agreement (First Federal Capital Corp), Employment Agreement (First Federal Capital Corp)
Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate his employment under during the term of this Agreement at any time by giving upon at least forty-five sixty (4560) days prior written notice to the Bank. In such eventBoards of Directors of the Bank and the Company, in which case Executive shall receive all compensation only his compensation, vested rights and other employee benefits up to which he was entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Datedate of his termination.
Appears in 4 contracts
Samples: Employment Agreement (Beneficial Bancorp Inc.), Employment Agreement (Beneficial Bancorp Inc.), Employment Agreement (Beneficial Mutual Bancorp Inc)
Voluntary Termination by Executive. In addition to the Executive's other rights to terminate his/her employment under this Agreement, the Executive may voluntarily terminate his his/her employment under during the term of this Agreement at any time by giving upon at least forty-five sixty (4560) days prior written notice to the BankBoard. In such eventUpon Executive’s voluntary termination, Executive shall he/she will receive all only his/her compensation and other vested rights and benefits to which he was entitled the date of his/her termination. Following his/her voluntary termination of employment under this Section 4 through 6(e), the Termination Date and, Executive will be subject to the restrictions set forth in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination DateSection 9 of this Agreement.
Appears in 4 contracts
Samples: Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc)
Voluntary Termination by Executive. Executive may voluntarily In addition to his other rights to terminate his employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement at any time by giving (other than With Good Reason) upon at least forty-five thirty (4530) days prior written notice to the BankBoard. In such eventUpon Executive’s voluntary termination, Executive shall will receive all only his compensation and other vested rights and benefits to which he was entitled under Section 4 through as of the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Datedate of his termination.
Appears in 4 contracts
Samples: Employment Agreement (Madison County Financial, Inc.), Employment Agreement (Madison County Financial, Inc.), Employment Agreement (Madison County Financial, Inc.)
Voluntary Termination by Executive. In addition to her other rights to terminate under this Agreement, Executive may voluntarily terminate his employment under during the term of this Agreement at any time by giving upon at least forty-five sixty (4560) days prior written notice to the Bank. In such eventBoard, in which case Executive shall receive all compensation only her compensation, vested rights and other employee benefits up to which he was entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Datedate of her termination.
Appears in 4 contracts
Samples: Employment Agreement (Beneficial Mutual Bancorp Inc), Employment Agreement (Beneficial Mutual Bancorp Inc), Employment Agreement (Beneficial Mutual Bancorp Inc)
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five ninety (4590) days days' prior written notice to the BankEmployer. In such event, Employer shall have no further obligation hereunder, except that Executive shall receive all compensation and other benefits in which he was vested or to which he was otherwise entitled under Section 4 and the plans and programs provided therein, by reason of his employment through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Date.
Appears in 3 contracts
Samples: Executive Employment Agreement (Merchants & Manufacturers Bancorporation Inc), Executive Employment Agreement (Merchants & Manufacturers Bancorporation Inc), Executive Employment Agreement (Merchants & Manufacturers Bancorporation Inc)
Voluntary Termination by Executive. In addition to the reasons set forth in Section 6, Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five for any reason or no reason upon delivering thirty (4530) days days' prior written notice to the BankCompany. In such eventNo later than the date of termination, the Company shall pay Executive shall receive all compensation and other benefits a lump sum equal to which he was entitled under Section 4 his accrued base salary through the Termination Date anddate of termination, in addition, shall receive and all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Dateaccrued vacation pay and bonuses.
Appears in 3 contracts
Samples: Employment Agreement (Ricex Co), Employment Agreement (Ricex Co), Employment Agreement (Ricex Co)
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under during the term of this Agreement at any time by giving upon at least forty-five (45) 30 days prior written notice to the BankBoard. In such eventExcept upon Executive’s voluntary termination “With Good Reason” (as defined below), Executive shall have no right to receive all any compensation and other or benefits to which he was entitled under Section 4 through this Agreement or otherwise upon his voluntary termination of employment, except for the Termination Date and, in addition, shall receive all other compensation or benefits available to him under that have already been earned or vested. The Bank may accelerate the Bank's Benefit Plans as in effect on the Termination Datedate of termination upon receipt of written notice of Executive’s voluntary termination.
Appears in 3 contracts
Samples: Employment Agreement (Seneca Financial Corp.), Employment Agreement (Seneca Financial Corp.), Employment Agreement (Seneca Financial Corp.)
Voluntary Termination by Executive. In addition to his other rights to terminate employment under the Agreement, the Executive may voluntarily terminate his employment under during the term of this Agreement at any time by giving upon at least forty-five sixty (4560) days prior written notice to the Board of Directors of the Bank. In such event, in which case the Executive shall receive all compensation only his compensation, vested rights and other employee benefits up to which he was entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Datedate of his termination.
Appears in 3 contracts
Samples: Employment Agreement (Yardville National Bancorp), Employment Agreement (Yardville National Bancorp), Employment Agreement (Yardville National Bancorp)
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five thirty (4530) days prior written notice to the BankEmployer. In such event, Executive shall receive all compensation and other benefits in which he was vested or to which he was otherwise entitled under Section 4 through the date specified in such notice (the "Termination Date andDate"), in addition, shall receive addition to all other benefits available to him under the Bank's Benefit Plans as in effect on benefit plans and programs to which he was entitled by reason of employment through the Termination Date.
Appears in 3 contracts
Samples: Employment Agreement (St Francis Capital Corp), Employment Agreement (St Francis Capital Corp), Employment Agreement (St Francis Capital Corp)
Voluntary Termination by Executive. Prior to any other termination of this Agreement, the Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five may, on thirty (4530) days day's prior written notice to the BankCompany given at any time, terminate his employment with the Company. In Upon any such eventtermination, the Company shall pay the Executive shall receive all compensation and other benefits his Base Salary at such time pursuant to which he was entitled under Section 4 3(a) through the Termination Date and, in addition, date of such termination of employment (which shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Dateinclude any vested and accrued but unused vacation time).
Appears in 2 contracts
Samples: Employment Agreement (RMS Titanic Inc), Employment Agreement (RMS Titanic Inc)
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under during the term of this Agreement at any time by giving upon at least forty-five sixty (4560) days prior written notice to the BankBoard. In such eventits discretion, Executive shall the Board may accelerate Executive’s termination date. Upon Executive’s voluntary termination, he will receive all compensation and other benefits to which he was entitled under Section 4 through Accrued Compensation as of the Termination Date and, in addition, shall receive all other benefits available to him under date of his termination (as determined by the Bank's Benefit Plans as in effect on the Termination DateBoard).
Appears in 2 contracts
Samples: Employment Agreement (Hampden Bancorp, Inc.), Employment Agreement (Hampden Bancorp, Inc.)
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five thirty (4530) days prior written notice to the Bank. In such event, Executive shall receive all compensation and other benefits in which he was vested or to which he was otherwise entitled under Section 4 through the date specified in such notice (the "Termination Date andDate"), in addition, shall receive addition to all other benefits available to him under the Bank's Benefit Plans as in effect on benefit plans and programs to which he was entitled by reason of employment through the Termination Date.
Appears in 2 contracts
Samples: Employment Agreement (St Francis Capital Corp), Employment Agreement (St Francis Capital Corp)
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five ninety (4590) days prior written notice to the BankEmployer. In such event, Employer shall have no further obligation hereunder, except that Executive shall receive all compensation and other benefits in which he was vested or to which he was otherwise entitled under Section 4 and the plans and programs provided therein, by reason of his employment through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Date.
Appears in 2 contracts
Samples: Employment Agreement (Merchants & Manufacturers Bancorporation Inc), Employment Agreement (Merchants & Manufacturers Bancorporation Inc)
Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate his employment under during the term of this Agreement at any time by giving upon at least forty-five sixty (4560) days prior written notice to the Bank. In such event, in which case Executive shall receive all compensation only his compensation, vested rights and other employee benefits up to which he was entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Datedate of his termination.
Appears in 2 contracts
Samples: Employment Agreement (Naugatuck Valley Financial Corp), Employment Agreement (Naugatuck Valley Financial Corp)
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five ninety (4590) days prior written notice to the Bank. In such event, Executive shall receive all compensation and other benefits in which he was vested or to which he was otherwise entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Date.under
Appears in 2 contracts
Samples: Employment Agreement (Hallmark Capital Corp), Employment Agreement (Hallmark Capital Corp)
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under during the term of this Agreement at any time by giving upon at least forty-five sixty (4560) days prior written notice to the BankBoard. In such eventits discretion, Executive shall the Board may accelerate Executive's termination date. Upon Executive's voluntary termination, he will receive all compensation and other benefits to which he was entitled under Section 4 through Accrued Compensation as of the Termination Date and, in addition, shall receive all other benefits available to him under date of his termination (as determined by the Bank's Benefit Plans as in effect on the Termination DateBoard).
Appears in 2 contracts
Samples: Employment Agreement (Hampden Bancorp, Inc.), Employment Agreement (Hampden Bancorp, Inc.)
Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, the Executive may voluntarily terminate his employment under with the Bank and the Company during the term of this Agreement at any time by giving upon at least forty-five sixty (4560) days prior written notice to notice, in which case the Bank. In such event, Executive shall receive all compensation only his compensation, vested rights and other employee benefits up to which he was entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Datedate of his termination.
Appears in 2 contracts
Samples: Employment Agreement (Coastal Financial Corp /De), Employment Agreement (Coastal Financial Corp /De)
Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate his employment under during the term of this Agreement at any time by giving upon at least forty-five sixty (4560) days prior written notice to the Board of Directors of the Company and the Bank. In such event, in which case Executive shall receive all compensation only his compensation, vested rights and other employee benefits up to which he was entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Datedate of his termination.
Appears in 2 contracts
Samples: Employment Agreement (Beneficial Bancorp Inc.), Employment Agreement (Beneficial Bancorp Inc.)
Voluntary Termination by Executive. The Executive may voluntarily terminate his employment under this Agreement with the Bank at any time by giving at least forty-five (45) days prior written notice to the Banktime. In such eventthe event of the Executive’s voluntary termination of employment, Executive he shall be entitled to receive all compensation and other benefits to which he was entitled under Section 4 the amount of Base Pay provided for in paragraph 2 hereof through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Datelast day of such employment.
Appears in 1 contract
Samples: Employment Agreement (Farmers & Merchants Bancorp Inc)
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement voluntarily at any time by giving at least forty-five (45) days prior written notice to delivering a Notice of Termination. If Executive resigns under this provision, the Bank. In such event, Executive shall receive all compensation and other benefits to which he was entitled under Section 4 any sums due her as base salary and/or reimbursement of expenses through the Termination Date and, in addition, date of such termination. Executive shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Dateprovide Employer with 60 days prior notice of termination.
Appears in 1 contract
Samples: Executive Employment Agreement (M&f Bancorp Inc /Nc/)
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement with the Bank at any time by giving at least forty-five (45) days prior written notice to the Bankanytime. In such event, Executive the event of Executive's voluntary termination of employment he shall be entitled to receive all compensation and other benefits to which he was entitled under Section 4 the amount of Base Pay provided for in paragraph 2 hereof through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Datelast day of such employment.
Appears in 1 contract
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five thirty (4530) days prior written notice to the BankEmployers. In such event, Executive shall receive all compensation and other benefits in which he was vested or to which he was otherwise entitled under Section 4 through the “Termination Date andDate”, in addition, shall receive addition to all other benefits available to him under the Bank's Benefit Plans as in effect on benefit plans and programs to which he was entitled by reason of employment through the Termination Date.
Appears in 1 contract
Samples: Employment Agreement (Anchor Bancorp Wisconsin Inc)
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement at any time by giving upon delivering at least forty-five ninety (4590) days days’ prior written notice of resignation to the BankCompany. In the event of such eventtermination by Executive (other than for Good Reason), Executive shall receive all only be entitled to compensation and other benefits to which he was entitled under Section 4 that would otherwise have been payable through the Termination Date and, in addition, shall receive all other benefits available to him under date of the Bank's Benefit Plans as in effect on the Termination Datetermination of his employment.
Appears in 1 contract
Samples: Employment Agreement (CytoCore Inc)
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five ninety (4590) days prior written notice to the Bank. In such event, Executive shall receive all compensation and other benefits to which he was entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's and Company's Benefit Plans as in effect on the Termination Date.
Appears in 1 contract
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under during the term of this Agreement at any time by giving upon at least forty-five sixty (4560) days prior written notice to the BankBoard. In such eventits discretion, Executive shall the Board may accelerate Executive’s termination date. Upon Executive’s voluntary termination, he will only receive all compensation and other benefits to which he was entitled under Section 4 through Accrued Compensation as of the Termination Date and, in addition, shall receive all other benefits available to him under date of his termination (as determined by the Bank's Benefit Plans as in effect on the Termination DateBoard).
Appears in 1 contract
Voluntary Termination by Executive. Executive may voluntarily terminate his her employment under this Agreement at any time by giving at least forty-five ninety (4590) days prior written notice to the Bank. In such event, Executive shall receive all compensation and other benefits in which she was vested or to which he she was otherwise entitled under Section 4 through the date specified in such notice (the "Termination Date andDate"), in addition, shall receive addition to all other benefits available to him her under the Bank's Benefit Plans as Bank benefit plans in effect on the Termination Date.
Appears in 1 contract
Voluntary Termination by Executive. The Executive may voluntarily terminate his employment under this Agreement at any time by giving providing at least forty-five (45) days 30 days’ prior written notice to the BankCompany. In the event of such eventa voluntary termination, (i) the Company will pay to the Executive shall receive his Base Salary accrued and unpaid to the date his employment terminates and (ii) all compensation the rights and other benefits to which he was entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him Executive may have under the Bank's Benefit Plans as employee benefit, bonus and/or stock option plans and programs of the Company, if any, will be determined in effect on accordance with the Termination Dateterms and conditions of those plans and programs.
Appears in 1 contract
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five ninety (4590) days days' prior written notice to the Bank. In such event, the Bank shall have no further obligation hereunder, except that Executive shall receive all compensation and other benefits in which he was vested or to which he was otherwise entitled under Section 4 and the plans and programs provided therein, by reason of his employment through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Date.
Appears in 1 contract
Samples: Executive Employment Agreement (Merchants & Manufacturers Bancorporation Inc)
Voluntary Termination by Executive. Prior to the termination of this Agreement, the Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five may, on sixty (4560) days prior written notice to the BankCorporation, at any time terminate his employment. In Upon any such eventtermination, the Corporation shall pay the Executive shall receive all compensation and other benefits his Base Salary at such time pursuant to which he was entitled under Section 4 3(a) through the Termination Date anddate of such termination of employment (which shall include any vested and accrued, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Datebut unused vacation time).
Appears in 1 contract
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under during the term of this Agreement at any time by giving upon at least forty-five (45) 30 days prior written notice to the BankBoard. In such eventExcept upon Executive's voluntary termination "With Good Reason" (as defined below), Executive shall have no right to receive all any compensation and other or benefits to which he was entitled under Section 4 through this Agreement or otherwise upon his voluntary termination of employment, except for the Termination Date and, in addition, shall receive all other compensation or benefits available to him under that have already been earned or vested. The Bank may accelerate the Bankdate of termination upon receipt of written notice of Executive's Benefit Plans as in effect on the Termination Datevoluntary termination.
Appears in 1 contract
Voluntary Termination by Executive. Executive may voluntarily terminate his her employment under this Agreement at any time by giving at least forty-five thirty (4530) days prior written notice to the BankEmployers. In such event, Executive shall receive all compensation and other benefits in which she was vested or to which he she was otherwise entitled under Section 4 through the date specified in such notice (the "Termination Date andDate"), in addition, shall receive addition to all other benefits available to him her under the Bank's Benefit Plans as in effect on benefit plans and programs to which she was entitled by reason of employment through the Termination Date.
Appears in 1 contract
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five ninety (4590) days prior written notice to the Employer or Bank. In such event, Employer or Bank shall have no further obligation hereunder, except that Executive shall receive all compensation and other benefits in which he was vested or to which he was otherwise entitled under Section 4 and the plans and programs provided therein, by reason of his employment through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Date.
Appears in 1 contract
Samples: Executive Employment Agreement (Merchants & Manufacturers Bancorporation Inc)
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five ninety (4590) days prior written notice to the BankEmployer . In such event, Employer shall have no further obligation hereunder, except that Executive shall receive all compensation and other benefits in which he was vested or to which he was otherwise entitled under Section 4 and the plans and programs provided therein, by reason of his employment through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Date.
Appears in 1 contract
Samples: Executive Employment Agreement (Merchants & Manufacturers Bancorporation Inc)
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement voluntarily at any time by giving at least forty-five (45) days prior written notice to the Bankdelivering a Notice of Termination. In such eventIf Executive resigns under this provision, Executive shall receive all compensation and other benefits to which he was entitled under Section 4 any sums due him as base salary and/or reimbursement of expenses through the Termination Date and, in addition, date of such termination. Executive shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Dateprovide Employer with 60 days prior notice of termination.
Appears in 1 contract