Common use of Voluntary Termination or Termination for Cause Clause in Contracts

Voluntary Termination or Termination for Cause. If, during the Employment Period, (i) the Executive shall terminate employment with the Company other than for Good Reason, or (ii) the Executive's employment is terminated for Cause, the Executive shall receive from the Company only the Accrued Benefits.

Appears in 8 contracts

Samples: Severance Agreement (Banknorth Group Inc/Me), Severance Agreement (Banknorth Group Inc/Me), Severance Agreement (Banknorth Group Inc/Me)

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Voluntary Termination or Termination for Cause. If, during the Employment Period, (i) the Executive shall terminate employment with the Company other than for Good Reason, or (ii) the Executive's employment is terminated for Cause, the Executive shall receive from the Company only the his Accrued Benefits.

Appears in 4 contracts

Samples: Severance Agreement (Peoples Heritage Financial Group Inc), Severance Agreement (Peoples Heritage Financial Group Inc), Severance Agreement (Peoples Heritage Financial Group Inc)

Voluntary Termination or Termination for Cause. If, during the Employment Period, (i) the Executive shall terminate employment with the Company other than for Good Reason, or (ii) the Executive's ’s employment is terminated for Cause, the Executive shall receive from the Company only the Accrued Benefits.

Appears in 2 contracts

Samples: Severance Agreement (Banknorth Group Inc/Me), Severance Agreement (Banknorth Group Inc/Me)

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Voluntary Termination or Termination for Cause. If, during the Employment Period, (i) the Executive shall terminate terminates employment with the Company other than for Good Reason, or (ii) the Executive's employment is terminated for Cause, the Executive shall receive from the Company only the his Accrued Benefits.

Appears in 1 contract

Samples: Employment Agreement (Peoples Heritage Financial Group Inc)

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