Common use of Voluntary Termination by the Officer Clause in Contracts

Voluntary Termination by the Officer. In addition to the Officer’s other rights to terminate employment under the Agreement, the Officer may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the Bank, in which case the Officer shall receive only compensation, vested rights and employee benefits up to the date of termination.

Appears in 10 contracts

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

AutoNDA by SimpleDocs

Voluntary Termination by the Officer. In addition The Officer shall have the right to terminate the Officer’s other rights to terminate 's employment under the Agreement, the Officer may voluntarily terminate employment during the term of this Agreement at any time upon at least sixty (60) days 30 but not more than 60 days' prior written notice to the Bank. If this Agreement is terminated pursuant to the immediately preceding sentence, in which case all of the Bank's obligations under this Agreement shall terminate and the Officer shall receive only compensationnot be entitled to any compensation or benefits after the Effective Date of Termination, vested rights and employee benefits up except to the date of terminationextent provided in Section 11.

Appears in 6 contracts

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

Voluntary Termination by the Officer. In addition The Officer shall have the right to terminate the Officer’s other rights to terminate 's employment under the Agreement, the Officer may voluntarily terminate employment during the term of this Agreement at any time upon at least sixty (60) days 30 but not more than 60 days' prior written notice to the Bank. If this Agreement is terminated pursuant to the immediately preceding sentence, in which case all of the Bank's obligations under this Agreement shall terminate and the Officer shall receive only compensationnot be entitled to any compensation or benefits after the Effective Date of Termination, vested rights and employee benefits up except to the date of terminationextent provided in Section 5(c) (to the extent vested) or provided in Section 11, and except to the extent that certain other benefits have vested.

Appears in 1 contract

Samples: Employment Agreement (Dime Bancorp Inc)

AutoNDA by SimpleDocs

Voluntary Termination by the Officer. In addition The Officer shall have the right to terminate the Officer’s other rights to terminate 's employment under the Agreement, the Officer may voluntarily terminate employment during the term of this Agreement at any time upon at least sixty (60) days 60 but not more than 90 days' prior written notice to the Bank, in which case the Officer shall receive only compensation, vested rights and employee benefits up Bank (an "Officer's Termination Notice"). If this Agreement is terminated pursuant to the date immediately preceding sentence, all of termination.the Bank's

Appears in 1 contract

Samples: Employment Agreement (Dime Bancorp Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.