Examples of Early Voluntary Termination in a sentence
This Agreement may be amended or terminated only by a written agreement signed by the Bank and the Executive; however, this Agreement will automatically terminate upon the Executive’s Termination for Cause, Early Voluntary Termination (as defined in the Salary Continuation Agreement ) or in the event the Insurer refuses to pay a death benefit according to the terms of the Policy.
If the Executive experiences Early Voluntary Termination prior to age 63, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.
Upon the Executive’s Early Voluntary Termination, the Executive will not be eligible for a benefit under this Agreement.
This Agreement may be terminated only by a written agreement signed by the Company and the Executive, provided, however, this Agreement will automatically terminate if no benefit is payable to the Executive due to the Executive’s Termination for Cause, suicide or misstatement as set forth in Article 5, or upon an Early Voluntary Termination.