Common use of Voluntary Termination of Employment by the Executive Clause in Contracts

Voluntary Termination of Employment by the Executive. The Executive may terminate his employment hereunder at any time for any reason upon giving the Company and AnchorBank written notice, at least ninety (90) days prior to termination of employment. Upon such termination, the Executive shall be entitled to receive the Executive's theretofore unpaid base salary in effect at the date such written notice is given for the period of employment up to the date of termination, and the Executive and his spouse and dependents will be entitled to further medical coverage, at his and/or their expense, to the extent required by COBRA.

Voluntary Termination of Employment by the Executive. The Executive may reserves the right to terminate his employment hereunder voluntarily at any time for any reason upon giving following at least six months' notice to the Company and AnchorBank written Corporation. If such notice shall be given, this Agreement shall terminate as of the effective date of termination as set forth in such notice (or the date six months from the date of receipt by the Corporation of such notice, at least ninety (90) days prior to termination of employmentif no effective date shall be set forth therein), unless sooner terminated as provided in Section 3, 6 or 8. Upon such termination, the The Executive shall be entitled to receive the Executive's theretofore unpaid base salary in effect at the date any form of Compensation Continuance as a result of such written notice is given for the period of employment up to the date of voluntary termination, and the Executive and his spouse and dependents will be entitled to further medical coverage, at his and/or their expense, to the extent required by COBRA.

Voluntary Termination of Employment by the Executive. The Executive may reserves the right to terminate his employment hereunder voluntarily at any time for any reason upon giving following at least six months' notice to the Company and AnchorBank written Corporation. If such notice shall be given, this Agreement shall terminate as of the effective date of termination as set forth in such notice (or the date six months from the date of receipt by the Corporation of such notice, at least ninety (90) days prior to termination of employmentif no effective date shall be set forth therein), unless sooner terminated as provided in Section 3, 6 or 8. Upon such termination, the The Executive shall not be entitled to receive the Executive's theretofore unpaid base salary in effect at the date any force of Compensation Continuance as a result of such written notice is given for the period of employment up to the date of voluntary termination, and the Executive and his spouse and dependents will be entitled to further medical coverage, at his and/or their expense, to the extent required by COBRA.