Common use of Voluntary Termination by the Executive Clause in Contracts

Voluntary Termination by the Executive. The Executive may terminate this Agreement at any time by giving the CEO of the Company written notice of intent to terminate, delivered at least thirty (30) calendar days prior to the Effective Date of Termination that is specified by the Executive in the written notice. Upon the Effective Date of Termination, the Company shall pay the Executive his full Base Salary, at the rate then in effect as provided in Section 4.1 herein, through the Effective Date of Termination, plus all other benefits to which the Executive has a vested right to at that time (for this purpose, the Executive shall not be paid any Annual Bonus with respect to the fiscal year in which voluntary termination under this Section 6.3 occurs). The Company thereafter shall have no further obligations under this Agreement.

Voluntary Termination by the Executive. The Executive may terminate this Agreement at any time by giving the CEO of the Company Board written notice of intent to terminate, delivered at least thirty ninety (3090) calendar days prior to the Effective Date effective date of Termination that is specified such termination. Upon the expiration of the ninety (90) day notice period, the termination by the Executive in the written noticeshall become effective. Upon the Effective Date of Termination, the The Company shall pay the Executive his full Base Salary, at the rate then in effect as provided in Section 4.1 herein, through the Effective Date effective date of Terminationtermination, plus all other benefits to which the Executive has a vested right to at that time (for this purpose, the Executive shall not be paid any Annual Bonus with respect to the fiscal year in which voluntary termination under this Section 6.3 occurs). The Company thereafter and the Executive shall have no further obligations under this AgreementAgreement after the effective date of such termination, except as set forth in Sections 8 or 9 hereof.

Voluntary Termination by the Executive. The Executive may terminate this Agreement at any time by giving the CEO of the Company Board written notice of intent to terminate, delivered at least thirty ninety (3090) calendar days prior to the Effective Date effective date of Termination that is specified such termination. Upon the expiration of the ninety (90) day notice period, the termination by the Executive in the written noticeshall become effective. Upon the Effective Date of Termination, the The Company shall pay the Executive his full Base Salary, at the rate then in effect as provided in Section 4.1 herein, through the Effective Date effective date of Terminationtermination, plus all other benefits to which the Executive has a vested right to at that time (for this purpose, the Executive shall not be paid any Annual Bonus with respect to the fiscal year in which voluntary termination under this Section 6.3 occurs). The Company thereafter and the Executive shall have no further obligations under this Agreement after the effective date of such termination, except as set forth in this Agreement, including Sections 8 or 9 hereof.

Voluntary Termination by the Executive. The Executive may terminate this Agreement at any time by giving the CEO of the Company Board written notice of intent to terminate, delivered at least thirty sixty (3060) calendar days prior to the Effective Date effective date of Termination that is specified such termination. Upon the expiration of the sixty (60) day notice period, the termination by the Executive in the written noticeshall become effective. Upon the Effective Date of Termination, the The Company shall pay the Executive his full Base Salary, at the rate then in effect as provided in Section 4.1 herein, through the Effective Date effective date of Terminationtermination, plus all other benefits to which the Executive has a vested right to at that time (for this purpose, the Executive shall not be paid any Annual Bonus with respect to the fiscal year in which voluntary termination under this Section 6.3 occurs). The Company thereafter and the Executive shall have no further obligations under this AgreementAgreement after the effective date of such termination, except as set forth in Sections 8 or 9 hereof.

Voluntary Termination by the Executive. The Executive may terminate this Agreement at any time by giving the CEO of the Company Board written notice of intent to terminate, delivered at least thirty sixty (3060) calendar days prior to the Effective Date effective date of Termination that is specified such termination. Upon the expiration of the sixty (60) day notice period, the termination by the Executive in the written noticeshall become effective. Upon the Effective Date of Termination, the The Company shall pay the Executive his full her Base Salary, at the rate then in effect as provided in Section 4.1 herein, through the Effective Date effective date of Terminationtermination, plus all other benefits to which the Executive has a vested right to at that time (for this purpose, the Executive shall not be paid any Annual Bonus with respect to the fiscal year in which voluntary termination under this Section 6.3 occurs). The Company thereafter and the Executive shall have no further obligations under this AgreementAgreement after the effective date of such termination, except as set forth in Sections 8 or 9 hereof.

Voluntary Termination by the Executive. The Executive may terminate this Agreement at any time by giving the CEO Board of Directors of the Company and of the Bank written notice of intent to terminate, delivered at least thirty (30) 60 calendar days prior to the Effective Date effective date of Termination that is specified by the such termination. This Section 6.3 shall not apply if Executive in the written noticeterminates employment because of Retirement. Upon the Effective Date of Termination, the Company The Bank shall pay the Executive his full Base Salary, at the rate then in effect as provided in Section 4.1 herein, through the Effective Date effective date of Terminationtermination, plus all other benefits to which the Executive has a vested right to at that time (for this purpose, the Executive shall not be paid any Annual Bonus bonus with respect to the fiscal year quarter in which voluntary termination under this Section 6.3 occurs). The Company thereafter In the event that the voluntary termination is for Good Reason, the terms of Section 6.7 herein shall have no further govern the parties' rights and obligations under this Agreementhereunder.

Voluntary Termination by the Executive. The Executive may terminate this Agreement at any time by giving the CEO Board of Directors of the Company written notice of intent to terminate, delivered at least thirty (30) calendar days prior to the Effective Date of Termination that is specified by the Executive in the written notice. Upon the Effective Date of Termination, the Company shall pay the Executive his full Base Salary, at the rate then in effect as provided in Section 4.1 herein, through the Effective Date of Termination, plus all other benefits to which the Executive has a vested right to at that time (for this purpose, the Executive shall not be paid any Annual Bonus with respect to the fiscal year in which voluntary termination under this Section 6.3 occurs). The Company thereafter shall have no further obligations under this Agreement.

Voluntary Termination by the Executive. The Executive may terminate this Agreement at any time by giving the CEO Board of Directors of the Company written notice of intent to terminate, delivered at least thirty ninety (3090) calendar days prior to the Effective Date effective date of Termination that is specified by such termination. This Section 6.3 shall not apply if the Executive in the written noticeterminates employment because of Retirement. Upon the Effective Date of Termination, the The Company shall pay the Executive his full Base Salary, at the rate then in effect as provided in Section 4.1 herein, through the Effective Date effective date of Terminationtermination, plus all other benefits to which the Executive has a vested right to at that time (for this purpose, the Executive shall not be paid any Annual Bonus with respect to the fiscal year in which voluntary termination under this Section 6.3 occurs). The Company thereafter In the event that the voluntary termination is for Good Reason, the terms of Section 6.6 herein shall have no further govern the parties' rights and obligations under this Agreementhereunder.

Voluntary Termination by the Executive. The Executive may terminate this Agreement at any time by giving the CEO of the Company Board written notice of intent to terminate, delivered at least thirty ninety (3090) calendar days prior to the Effective Date effective date of Termination that is specified such termination. Upon the expiration of the ninety (90) day notice period, the termination by the Executive in the written noticeshall become effective. Upon the Effective Date of Termination, the The Company shall pay the Executive his full Base Salary, at the rate then in effect as provided in Section 4.1 herein, through the Effective effective date of termination (the “Date of Termination”), plus all other benefits to which the Executive has a vested right to at that time (for this purpose, the Executive shall not be paid any Annual Bonus with respect to the fiscal year in which voluntary termination under this Section 6.3 occurs). The Company thereafter and the Executive shall have no further obligations under this AgreementAgreement after the effective date of such termination, except as set forth in Sections 8 or 9 hereof.

Voluntary Termination by the Executive. The Executive may terminate this Agreement his employment with the Company at any time by giving the CEO Board of the Company Directors written notice of intent to terminate, terminate delivered at least thirty ninety (3090) calendar days prior to the Effective Date effective date of Termination that is specified such termination. Upon the expiration of this ninety (90) day period, the termination by the Executive in the written noticeshall become effective. Upon the Effective Date of Termination, the The Company shall pay the Executive his full Base Salary, at the rate then in effect as provided in Section 4.1 herein, base salary through the Effective Date effective date of Termination, plus termination and shall pay all other benefits to which the Executive has a vested right to at that time (for this purposein accordance with the terms of the plan, the document or agreement governing such benefits. The Executive shall not be paid any Annual receive a Bonus with respect to for the fiscal year in which voluntary termination under this Section 6.3 occurs). The Company thereafter shall have no further obligations under this Agreement.