Common use of Voluntary Termination by Executive Clause in Contracts

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon 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(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 4 contracts

Samples: Employment Agreement (Sugar Creek Financial Corp./Md/), Employment Agreement (Sugar Creek Financial Corp./Md/), Employment Agreement (Sugar Creek Financial Corp./Md/)

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Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) 30 days prior written notice to the BoardBoard of Trustees, which period may be waived by the Board of Trustees, in its sole discretion. Upon Executive’s voluntary terminationtermination (other than a termination for “Good Reason,” as provided for in Section 4(e) of this Agreement), he will Executive shall have no right to receive only his any compensation and or benefits under this Agreement, except for benefits that have vested rights and benefits through prior to the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 4 contracts

Samples: Employment Agreement, Employment Agreement (SSB Bancorp, Inc.), Employment Agreement (SSB Bancorp, Inc.)

Voluntary Termination by Executive. In addition to his her other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term Term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he she will receive only his her compensation and vested rights and benefits through the date of his her termination. Following his her voluntary termination of employment under this Section 10(d10(e), Executive will continue to be subject to the restrictions set forth in Section 10(f10(g) of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 4 contracts

Samples: Employment Agreement (CBM Bancorp, Inc.), Employment Agreement (CBM Bancorp, Inc.), Employment Agreement (CBM Bancorp, Inc.)

Voluntary Termination by Executive. In addition to his other rights to terminate employment under this the Agreement, the Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary terminationBoards of Directors of the Company and the Bank, he will in which case the Executive shall receive only his compensation and compensation, vested rights and employee benefits through up to the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 4 contracts

Samples: Employment Agreement (Yardville National Bancorp), Employment Agreement (Yardville National Bancorp), Employment Agreement (Yardville National Bancorp)

Voluntary Termination by Executive. In addition to his the Executive's other rights to terminate his employment under this Agreement, the Executive may voluntarily terminate his employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s 's voluntary termination, he will receive only his compensation and vested rights and benefits through to the date of his termination. Following his voluntary termination of employment under this Section 10(d6(e), the Executive will be subject to the restrictions set forth in Section 10(f) 9 of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 3 contracts

Samples: Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits through to the date of his termination. Following his voluntary termination of employment under this Section 10(d11(e), Executive will be subject to the restrictions set forth in Section 10(fSections 11(g)(i) and 11(g)(ii) of this Agreement for a period of one (1) year from his termination date.

Appears in 3 contracts

Samples: Bank Employment Agreement (Polonia Bancorp), Bank Employment Agreement (Polonia Bancorp), Bank Employment Agreement (Polonia Bancorp)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits through the date of his termination. Following his a voluntary termination of employment under this Section 10(d11(e), Executive will be subject to the restrictions set forth in Section 10(fSections 11(g)(i) and 11(g)(ii) of this Agreement for a period of one (1) year from his termination date.

Appears in 3 contracts

Samples: Employment Agreement (Newport Bancorp Inc), Employment Agreement (Newport Bancorp Inc), Employment Agreement (Newport Bancorp Inc)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term Term of this Agreement (other than “With Good Reason” as defined below) upon at least sixty thirty (6030) days prior written notice to the Board. Upon Executive’s voluntary termination, he will Executive shall have no right to receive only his compensation and vested rights and or other benefits through the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a any period of one (1) year from his termination dateafter termination, except for compensation or benefits that have already vested.

Appears in 3 contracts

Samples: Three Year Employment Agreement (Berkshire Hills Bancorp Inc), Three Year Employment Agreement (Berkshire Hills Bancorp Inc), Three Year Employment Agreement (Berkshire Hills Bancorp Inc)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment and this Agreement during the term of this Agreement upon at least sixty (60) 60 calendar days prior written notice to the BoardBoard of Directors, which period may be waived by the Board of Directors, in its sole discretion. Upon Executive’s voluntary terminationtermination (other than a termination for “Good Reason,” as provided for in Section 4(e) of this Agreement), he will Executive waives any right to receive only his any compensation or benefits under this Agreement, except for benefits that have vested and vested rights and benefits through been earned prior to the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.​ ​

Appears in 3 contracts

Samples: Employment Agreement (Catalyst Bancorp, Inc.), Employment Agreement (Catalyst Bancorp, Inc.), Employment Agreement (Catalyst Bancorp, Inc.)

Voluntary Termination by Executive. In addition to his the Executive’s other rights to terminate employment under this Agreement, the Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he the executive will only receive only his compensation and vested rights and benefits earned through the date of his terminationtermination along with any expense reimbursements, unless otherwise agreed by the Company, or the Bank, and the Executive. Following his voluntary termination of employment under this Section 10(d)Section, the Executive will be subject to the restrictions set forth in Section 10(f) 9 of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 3 contracts

Samples: Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits through the date of his termination. Following his a voluntary termination of employment under this Section 10(d11(e), Executive will be subject to the restrictions set forth in Section 10(fSections 11(g)(i) and 11(g)(ii) of this Agreement for a period of one (1) year four months from his termination date. Executive will be entitled to receive his vested rights and employee benefits up to his date of termination and his base salary through the last day of the four-month period.

Appears in 3 contracts

Samples: Employment Agreement (Ocean Shore Holding Co), Employment Agreement (Ocean Shore Holding Co), Employment Agreement (Ocean Shore Holding Co)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he will in which case Executive shall receive only his compensation and compensation, vested rights and employee benefits through up to the date of his termination. Following his a voluntary termination of employment under this Section 10(d11(e), Executive will be subject to the restrictions set forth in Section 10(fSections 11(g)(i) and 11(g)(ii) of this Agreement for a period of one (1) year from his termination date.

Appears in 3 contracts

Samples: Employment Agreement (Newport Bancorp Inc), Employment Agreement (Newport Bancorp Inc), Employment Agreement (Newport Bancorp Inc)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate his employment during the term of this Agreement upon at least sixty ninety (6090) days prior written notice to the Board. In its discretion, the Board may accelerate Executive’s termination date. Upon Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits through to the date of his termination. Following his voluntary termination of employment under this Section 10(d6(e), Executive will be subject to the restrictions set forth in Section 10(fSections 9(a) and 9(b) of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 3 contracts

Samples: Employment Agreement (Campello Bancorp, Inc.), Employment Agreement (Campello Bancorp, Inc.), Employment Agreement (Cape Bancorp, Inc.)

Voluntary Termination by Executive. In addition to his the Executive’s other rights to terminate employment under this Agreement, the Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he the executive will only receive only his compensation and vested rights and benefits earned through the date of his termination, unless otherwise agreed by the Company, or the Bank, and the Executive. Following his voluntary termination of employment under this Section 10(d)Section, the Executive will be subject to the restrictions set forth in Section 10(f) 9 of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 3 contracts

Samples: Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc)

Voluntary Termination by Executive. In addition to his her other rights to terminate employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Boardboard. Upon Executive’s voluntary termination, he Executive will receive only his compensation and her compensation, vested rights and employee benefits through up to the date of his her termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (BV Financial, Inc.), Employment Agreement (BV Financial, Inc.)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) 30 days prior written notice to the Board. Upon Executive’s voluntary terminationtermination without “Good Reason” (as defined below), he will Executive shall have no right to receive only his any compensation and or benefits under this Agreement, except for benefits that have vested rights and benefits through prior to the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 3 contracts

Samples: Employment Agreement (HV Bancorp, Inc.), Employment Agreement (HV Bancorp, Inc.), Employment Agreement (HV Bancorp, Inc.)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty thirty (6030) days prior written notice to the Board. Upon Executive’s voluntary termination, he will receive only his compensation compensation, and vested rights and benefits through to the date of his termination. Following his voluntary termination of employment under this Section 10(d11(e), Executive will be subject to the restrictions set forth in Section 10(fSections 11(g)(i) and 11(g)(ii) of this Agreement for a period of one (1) year from his termination date.

Appears in 2 contracts

Samples: Employment Agreement (BCSB Bankcorp Inc), Employment Agreement (BCSB Bancorp Inc.)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon 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(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 2 contracts

Samples: Employment Agreement (Bradford Bancorp Inc /MD), Employment Agreement (Bradford Bancorp Inc /MD)

Voluntary Termination by Executive. In addition to his the Executive’s other rights to terminate employment under this Agreement, the Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he the executive will only receive only his compensation and vested rights and benefits earned through the date of his terminationtermination along with any expense reimbursements due through such date, unless otherwise agreed by the Company, or the Bank, and the Executive. Following his voluntary termination of employment under this Section 10(d)Section, the Executive will be subject to the restrictions set forth in Section 10(f) 9 of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 2 contracts

Samples: Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc)

Voluntary Termination by Executive. In addition to his her other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty ninety (6090) days days' prior written notice to the Board. Upon Executive’s voluntary termination, he will in which case Executive shall receive only his compensation and her compensation, vested rights and employee benefits through up to the date of his her termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 2 contracts

Samples: 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 employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon 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 pursuant to this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 2 contracts

Samples: Employment Agreement (Auburn Bancorp, Inc.), Employment Agreement (Auburn Bancorp, Inc.)

Voluntary Termination by Executive. In addition to his her other rights to terminate employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Boardboard. Upon Executive’s voluntary termination, he Executive will receive only his compensation and her compensation, vested rights and employee benefits through up to the date of his termination. Following his voluntary her termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination dateemployment.

Appears in 2 contracts

Samples: Employment Agreement (BV Financial, Inc.), Employment Agreement (BV Financial, Inc.)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment and this Agreement during the term of this Agreement upon at least sixty (60) 60 calendar days prior written notice to the BoardBoard of Directors, which period may be waived by the Board of Directors, in its sole discretion. Upon Executive’s voluntary terminationtermination (other than a termination for “Good Reason,” as provided for in Section 4(e) of this Agreement), he will Executive waives any right to receive only his any compensation or benefits under this Agreement, except for benefits that have vested and vested rights and benefits through been earned prior to the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 2 contracts

Samples: Employment Agreement (Catalyst Bancorp, Inc.), Employment Agreement (Catalyst Bancorp, Inc.)

Voluntary Termination by Executive. In addition to his other rights to terminate employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he Executive will receive only his compensation and compensation, vested rights and employee benefits through up to the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 2 contracts

Samples: Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (FedFirst Financial CORP)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate his employment during the term of this Agreement upon at least sixty ninety (6090) days prior written notice to the BoardBoard In its discretion, the Board may accelerate Executive’s termination date. Upon Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits through to the date of his termination. Following his voluntary termination of employment under this Section 10(d6(e), Executive will be subject to the restrictions set forth in Section 10(fSections 9(a) and 9(b) of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 2 contracts

Samples: Employment Agreement (Campello Bancorp, Inc.), Employment Agreement (Campello Bancorp, Inc.)

Voluntary Termination by Executive. In addition to his other rights to terminate employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days days’ prior written notice to the Board. Upon Executive’s voluntary termination, he Executive will receive only his compensation and Base Salary, commissions earned, vested rights and employee benefits due to him through the date of his termination. Following his voluntary termination of employment under this Section 10(d)Termination Date, Executive will be subject to the restrictions set forth paid in Section 10(f) of this Agreement for a period of one (1) year from his termination dateaccordance with regular payroll practices.

Appears in 1 contract

Samples: Employment Agreement (FedFirst Financial CORP)

Voluntary Termination by Executive. In addition to his other ---------------------------------- rights to terminate employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s 's voluntary termination, he Executive will receive only his compensation and compensation, vested rights and employee benefits through up to the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 1 contract

Samples: Employment Agreement (FedFirst Financial CORP)

Voluntary Termination by Executive. In addition to his her other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he she will receive only his her compensation and vested rights and benefits through the date of his her termination. Following his her voluntary termination of employment under this Section 10(d10(e), Executive will be subject to the restrictions set forth in Section 10(f10(g) of this Agreement for a period of one (1) year from his her termination date.

Appears in 1 contract

Samples: Employment Agreement (CFSB Bancorp, Inc. /MA/)

Voluntary Termination by Executive. In addition to his other rights to terminate his employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits through Benefits to the date of his termination. Following his voluntary termination of employment under this Section 10(d6(e), Executive will be subject to the restrictions set forth in Section 10(f8(a) and 8(b) of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 1 contract

Samples: Employment Agreement (PVF Capital Corp)

Voluntary Termination by Executive. In addition to his other ---------------------------------- rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he will in which case Executive shall receive only his compensation and compensation, vested rights and employee benefits through up to the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 1 contract

Samples: Employment Agreement (New England Bancshares Inc)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary terminationBoards of Directors, he will in which case Executive shall receive only his compensation and compensation, vested rights and employee benefits through up to the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 1 contract

Samples: Employment Agreement (Naugatuck Valley Financial Corp)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate his employment during the term of this Agreement Term upon at least sixty ninety (6090) days prior written notice to the Board. In its discretion, the Board may accelerate Executive’s termination date. Upon Executive’s voluntary terminationtermination as Executive Vice Chairman, he will receive only his compensation and vested rights and benefits through to the date of his termination. Following his voluntary termination of employment under this Section 10(d5(d), Executive will be subject to the requirements and restrictions set forth in Section 10(fSections 8(a), 8(b) and 8(c) of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 1 contract

Samples: Executive Vice Chairman Agreement (Provident Financial Services Inc)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary terminationBoards, he will in which case Executive shall receive only his compensation and compensation, vested rights and employee benefits through up to the date of his termination. Following his a voluntary termination of employment under this Section 10(d11(e), Executive will be subject to the restrictions set forth in Section 10(fSections 11(g)(i) and 11(g)(ii) of this Agreement for a period of one (1) year from his termination date.

Appears in 1 contract

Samples: Three Year Employment Agreement (Newport Bancorp Inc)

Voluntary Termination by Executive. In addition to ---------------------------------- his other rights to terminate employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s 's voluntary termination, he Executive will receive only his compensation and compensation, vested rights and employee benefits through up to the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 1 contract

Samples: Employment Agreement (FedFirst Financial CORP)

Voluntary Termination by Executive. In addition to his the Executive's other rights to terminate his employment under this Agreement, the Executive may voluntarily terminate his employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s 's voluntary termination, he will receive only his compensation and vested rights and benefits through to the date of his his/her termination. Following his voluntary termination of employment under this Section 10(d6(e), the Executive will be subject to the restrictions set forth in Section 10(f) 9 of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 1 contract

Samples: Employment Agreement (BCB Bancorp Inc)

Voluntary Termination by Executive. In addition to his the Executive’s other rights to terminate employment under this Agreement, the Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he the executive will only receive only his compensation and vested rights and benefits earned through the date of his termination, along with any expense reimbursements, unless otherwise agreed by the Company, or the Bank, and the Executive. Following his voluntary termination of employment under this Section 10(d)Section, the Executive will be subject to the restrictions set forth in Section 10(f) 9 of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 1 contract

Samples: Employment Agreement (BCB Bancorp Inc)

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Voluntary Termination by Executive. In addition to his the Executive’s other rights to terminate employment under this Agreement, the Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he the executive will only receive only his compensation and vested rights and benefits earned through the date of his termination, unless otherwise agreed by the Company, or the Bank, and the Executive. Following his voluntary termination of employment under this Section 10(d)Section, the Executive will be subject to the restrictions set forth in Section 10(f) 9 of this Agreement for a period of one (1) year from his termination date.Agreement. 

Appears in 1 contract

Samples: Employment Agreement (BCB Bancorp Inc)

Voluntary Termination by Executive. In addition to his the Executive’s other rights to terminate employment under this Agreement, the Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he the executive will only receive only his compensation and vested rights and benefits earned through the date of his terminationtermination along with any expense reimbursements, unless otherwise agreed by the Company, or the Bank, and the Executive. Following his voluntary termination of employment under this Section 10(d)Section, the Executive will be subject to the restrictions set forth in Section 10(f) 9 of this Agreement for a period of one (1) year from his termination date.Agreement. 

Appears in 1 contract

Samples: Employment Agreement (BCB Bancorp Inc)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate his employment during the term of this Agreement Term upon at least sixty ninety (6090) days prior written notice to the Board. In its discretion, the Board may accelerate Executive’s termination date. Upon Executive’s voluntary terminationtermination as Executive Chairman, he will receive only his compensation and vested rights and benefits through to the date of his termination. Following his voluntary termination of employment under this Section 10(d5(d), Executive will be subject to the requirements and restrictions set forth in Section 10(fSections 8(a), 8(b) and 8(c) of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 1 contract

Samples: Executive Chairman Agreement (Provident Financial Services Inc)

Voluntary Termination by Executive. In addition to his other rights to terminate employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon 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(d10(e), Executive will be subject to the restrictions set forth in Section 10(f10(h) of this Agreement for a period of one (1) year from his termination date.

Appears in 1 contract

Samples: Employment Agreement (Delanco Bancorp, Inc.)

Voluntary Termination by Executive. In addition to his other rights to terminate his employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement (for other than “Good Reason,” as defined below) upon at least sixty (60) days prior written notice to the BoardBoard or Boards. Upon Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits through to the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 1 contract

Samples: Severance Agreement (Berkshire Hills Bancorp Inc)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate his employment during the term of this Agreement upon at least sixty forty-five (6045) days prior written notice to the Board. In its discretion, the Board may accelerate Executive's termination date. Upon Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits through to the date of his termination. Following his voluntary termination of employment under this Section 10(d6(e), Executive will be subject to the restrictions set forth in Section 10(fSections 9(a) and 9(b) of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 1 contract

Samples: Employment Agreement (Campello Bancorp, Inc.)

Voluntary Termination by Executive. In addition to his the Executive's other rights to terminate his/her employment under this Agreement, the Executive may voluntarily terminate his/her employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he he/she will receive only his his/her compensation and vested rights and benefits through earned to the date of his his/her termination. Following his his/her voluntary termination of employment under this Section 10(d6(e), the Executive will be subject to the restrictions set forth in Section 10(f) 9 of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 1 contract

Samples: Employment Agreement (BCB Bancorp Inc)

Voluntary Termination by Executive. In addition to his her other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he she will receive only his compensation her compensation, and vested rights and benefits through to the date of his her termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 1 contract

Samples: Employment Agreement (Chicopee Bancorp, Inc.)

Voluntary Termination by Executive. In addition to his other rights to terminate his employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement (for other than “Good Reason,” as defined below) upon at least sixty (60) days prior written notice to the BoardBoard or Boards. Upon Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits through to the date of his termination. Following his voluntary termination of employment under this Section 10(d6(e), Executive will be subject to the restrictions set forth in Section 10(fSections 9(a) and 9(b) of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 1 contract

Samples: Employment Agreement (Legacy Bancorp, Inc.)

Voluntary Termination by Executive. In addition to his other rights to terminate his employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s 's voluntary termination, he will receive only his compensation and vested rights and benefits through to the date of his termination. Following his voluntary termination of employment under this Section 10(d6(e), Executive will be subject to the restrictions set forth in Section 10(fSections 9(a) and 9(b) of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 1 contract

Samples: Employment Agreement (OmniAmerican Bancorp, Inc.)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he will in which case Executive shall receive only his compensation and compensation, vested rights and employee benefits through up to the date of his termination. Following his a voluntary termination of employment under this Section 10(d11(e), Executive will be subject to the restrictions set forth in Section 10(f11(g)(i) and 11(g)(ii) of this Agreement for a period of one (1) year from his termination date.

Appears in 1 contract

Samples: Two Year Employment Agreement (Newport Bancorp Inc)

Voluntary Termination by Executive. In addition to his other rights to terminate employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s 's voluntary termination, he Executive will receive only his compensation and compensation, vested rights and employee benefits through up to the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 1 contract

Samples: Employment Agreement (FedFirst Financial CORP)

Voluntary Termination by Executive. In addition to his other ----------------------------------- rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty ninety (6090) days days' prior written notice to the Board. Upon Executive’s voluntary termination, he will in which case Executive shall receive only his compensation and compensation, vested rights and employee benefits through up to the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 1 contract

Samples: Merger Agreement (Frankfort First Bancorp Inc)

Voluntary Termination by Executive. In addition to his her other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he she will receive only his compensation her compensation, and vested rights and benefits through to the date of his her termination. Following his her voluntary termination of employment under this Section 10(d11(e), Executive will be subject to the restrictions set forth in Section 10(fSections 11(g)(i) and 11(g)(ii) of this Agreement for a period of one (1) year from his her termination date.

Appears in 1 contract

Samples: Employment Agreement (Northeast Community Bancorp Inc)

Voluntary Termination by Executive. In addition to his other rights to terminate his employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits through to the date of his termination. Following his voluntary termination of employment under this Section 10(d6(e), Executive will be subject to the restrictions set forth in Section 10(f) 9 of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 1 contract

Samples: Employment Agreement (BCB Bancorp Inc)

Voluntary Termination by Executive. In addition to his other rights ---------------------------------- to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he will in which case Executive shall receive only his compensation and compensation, vested rights and employee benefits through up to the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 1 contract

Samples: Employment Agreement (New England Bancshares Inc)

Voluntary Termination by Executive. In addition to his her other rights to terminate employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he she will receive only his her compensation and vested rights and benefits through the date of his her termination. Following his her voluntary termination of employment under this Section 10(d10(e), Executive will be subject to the restrictions set forth in Section 10(f10(h) of this Agreement for a period of one (1) year from his her termination date.

Appears in 1 contract

Samples: Employment Agreement (Delanco Bancorp, Inc.)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary terminationapplicable boards of directors, he will in which case Executive shall receive only his compensation and compensation, vested rights and employee benefits through up to the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 1 contract

Samples: Employment Agreement (Chicopee Bancorp, Inc.)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate his employment during the term of this Agreement upon at least sixty ninety (6090) days prior written notice to the Board. In its discretion, the Board may accelerate Executive’s termination date. Upon Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits through to the date of his termination. Following his voluntary termination of employment under this Section 10(d5(e), Executive will be subject to the requirements and restrictions set forth in Section 10(fSections 8(a), 8(b) and 8(c) of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 1 contract

Samples: Employment Agreement (Provident Financial Services Inc)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, he she 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(d10(e), Executive will be subject to the restrictions set forth in Section 10(f10(g) of this Agreement for a period of one (1) year from his termination date.

Appears in 1 contract

Samples: Employment Agreement (CFSB Bancorp, Inc. /MA/)

Voluntary Termination by Executive. In addition to his other rights to terminate under this Agreement, Executive may voluntarily terminate his employment during the term of this Agreement Term upon at least sixty ninety (6090) days prior written notice to the Board. In its discretion, the Board may accelerate Executive’s Date of Termination. Upon Executive’s voluntary termination, he the Company’s sole obligation under this Agreement will receive only his compensation and vested rights and benefits through the date of his terminationbe to pay or provide Executive any Standard Termination Entitlements. Following his voluntary termination of employment under this Section 10(d5(e), Executive will be subject to the requirements and restrictions set forth in Section 10(fSections 8(a), 8(b) and 8(c) of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 1 contract

Samples: Employment Agreement (Provident Financial Services Inc)

Voluntary Termination by Executive. In addition to his ---------------------------------- other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the President and CEO or Board. Upon Executive’s voluntary termination, he will in which case Executive shall receive only his compensation and compensation, vested rights and employee benefits through up to the date of his termination. Following his voluntary termination of employment under this Section 10(d), Executive will be subject to the restrictions set forth in Section 10(f) of this Agreement for a period of one (1) year from his termination date.

Appears in 1 contract

Samples: Employment Agreement (Jefferson Bancshares Inc)

Voluntary Termination by Executive. In addition to his the Executive's other rights to terminate her employment under this Agreement, the Executive may voluntarily terminate her employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s 's voluntary termination, he she will receive only his her compensation and vested rights and benefits through to the date of his her termination. Following his her voluntary termination of employment under this Section 10(d6(e), the Executive will be subject to the restrictions set forth in Section 10(f) 9 of this Agreement for a period of one (1) year from his termination dateAgreement.

Appears in 1 contract

Samples: Employment Agreement (BCB Bancorp Inc)

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