Common use of By Executive Clause in Contracts

By Executive. Executive shall have the right to terminate his employment hereunder if (i) the Company materially breaches this Agreement and such breach is not cured within 30 days after written notice of such breach is given by Executive to the Company; (ii) there is a Voluntary Termination; or (iii) there is an Involuntary Termination.

Appears in 15 contracts

Samples: Noncompetition, Severance and Employment Agreement (South Financial Group Inc), Severance and Employment Agreement (Carolina First Corp), Noncompetition, Severance and Employment Agreement (Carolina First Corp)

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By Executive. Executive shall have the right to terminate his Executive’s employment hereunder if (i) the Company materially breaches this Agreement and such breach is not cured within 30 days after written notice of such breach is given by Executive to the Company; (ii) there is a Voluntary Termination; or (iii) there is an Involuntary Termination.

Appears in 8 contracts

Samples: Severance and Employment Agreement (South Financial Group Inc), And Employment Agreement (South Financial Group Inc), Noncompetition, Severance and Employment Agreement (South Financial Group Inc)

By Executive. Executive shall have the right to terminate his Executive's employment hereunder if (i) the Company materially breaches this Agreement and such breach is not cured within 30 days after written notice of such breach is given by Executive to the Company; (ii) there is a Voluntary Termination; or (iii) there is an Involuntary Termination.

Appears in 8 contracts

Samples: Employment Agreement (South Financial Group Inc), Employment Agreement (South Financial Group Inc), Employment Agreement (South Financial Group Inc)

By Executive. Except when Executive's employment is terminated for Cause prior to a Change in Control or for death or Disability, under Section 5.1(i), (ii) or (iii), Executive shall have the right to terminate his employment hereunder if (i) the Executive at any time gives written notice of termination (for any reason) to the Company; (ii) there is a Voluntary Termination; (iii) there is an Involuntary Termination, or (iv) the Company materially breaches this Agreement and such breach is not cured within 30 days after written notice of such breach is given by the Executive to the Company; (ii) there is a Voluntary Termination; or (iii) there is an Involuntary Termination.

Appears in 6 contracts

Samples: Severance and Employment Agreement (Nexity Financial Corp), Severance and Employment Agreement (Nexity Financial Corp), Severance and Employment Agreement (Nexity Financial Corp)

By Executive. Executive shall have the right to terminate his Executive’s employment hereunder if during the Term (i) if the Company materially breaches this Agreement and such breach is not cured within 30 days after written notice of such breach is given by Executive to the Company; , (ii) if there is a Voluntary Termination; an Involuntary Termination or (iii) there is an Involuntary Terminationfor any other reason.

Appears in 2 contracts

Samples: Severance and Employment Agreement (South Financial Group Inc), Severance and Employment Agreement (South Financial Group Inc)

By Executive. Executive shall have the right to terminate his employment hereunder if (i) the Company materially breaches this Agreement and such breach is not cured within 30 days after written notice of such breach is given by Executive to the Company; (ii) there is a Voluntary Termination; or (iii) there is an Involuntary Termination.

Appears in 1 contract

Samples: Employment Agreement (Dyersburg Corp)

By Executive. Executive shall have the right to terminate his Executive's employment hereunder if during the Term (i) if the Company materially breaches this Agreement and such breach is not cured within 30 days after written notice of such breach is given by Executive to the Company; , (ii) if there is a Voluntary Termination; an Involuntary Termination or (iii) there is an Involuntary Terminationfor any other reason.

Appears in 1 contract

Samples: Employment Agreement (South Financial Group Inc)

By Executive. Executive shall have the right to terminate his employment hereunder if (i) by Voluntary Termination; (ii) if the Company materially breaches this Agreement and such breach is not cured within 30 days after written notice of such breach is given by Executive to the Company; (ii) there is a Voluntary Termination; or (iii) if there is an Involuntary Termination.a termination for Good Reason. If the Executive elects to terminate his employment pursuant to this Section, Executive must do so within twelve (12)

Appears in 1 contract

Samples: Employment Agreement (Carolina First Corp)

By Executive. Executive shall have the right to terminate his employment hereunder if at any time during the Term hereof for any reason or for no reason, including, without limitation, (ia) voluntarily for Good Reason, or (b) in the event of a material breach of this Agreement by the Company materially breaches or the Bank; provided, however, in the event of a material breach of this Agreement by the Company or the Bank, the Executive shall have given the Bank written notice of the breach within 90 days thereof and such the Company or the Bank shall have failed to cure the breach is not cured within 30 days after written such notice of such breach is given by Executive to the Company; (ii) there is a Voluntary Termination; or (iii) there is an Involuntary Termination"Material Breach").

Appears in 1 contract

Samples: Employment Agreement (Grandsouth Bancorporation)

By Executive. Executive shall have the right to terminate -------------- his employment hereunder if (i) by Voluntary Termination; (ii) if the Company materially breaches this Agreement and such breach is not cured within 30 days after written notice of such breach is given by Executive to the Company; (ii) there is a Voluntary Termination; or (iii) if there is an Involuntary Termination.a termination for Good Reason. If the Executive elects to terminate his employment pursuant to this Section, Executive must do so within twelve (12)

Appears in 1 contract

Samples: Employment Agreement (South Financial Group Inc)

By Executive. Executive shall have the right to terminate his employment hereunder if at any time by Notice of Termination (as described in Section 7). If Executive terminates his employment because (i) the Company has materially breaches breached this Agreement Agreement, and such breach is has not been cured within 30 days after written notice of such breach is given by Executive to the Company; (ii) there is a Voluntary Termination; or (iii) there is an Involuntary Termination.thirty

Appears in 1 contract

Samples: Employment Agreement (Blount International Inc)

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By Executive. Executive shall have the right to terminate his Executives employment hereunder if (i) the Company materially breaches this Agreement and such breach is not cured within 30 days after written notice of such breach is given by Executive to the Company; (ii) there is a Voluntary Termination; or (iii) there is an Involuntary Termination.

Appears in 1 contract

Samples: Employment Agreement (South Financial Group Inc)

By Executive. Executive shall have the right to terminate his Executive’s employment hereunder if (i) the Company materially breaches this Agreement and such breach is not cured within 30 days after written notice of such breach is given by Executive to the Company; or (ii) there is a Voluntary Termination; or (iii) there is an Involuntary Termination.

Appears in 1 contract

Samples: And Employment Agreement (South Financial Group Inc)

By Executive. Executive shall have the right to terminate his employment hereunder if (i) the Company or the Bank materially breaches this Agreement and such breach is not cured within 30 days after written notice of such breach is given by Executive to the CompanyCompany and the Bank; (ii) there is a Voluntary Termination; or (iii) there is an Involuntary Termination.

Appears in 1 contract

Samples: Employment Agreement (Grandsouth Bancorporation)

By Executive. Executive shall have the right to terminate his employment hereunder if (i) there is a Voluntary Termination; (ii) the Company materially breaches this Agreement and such breach is not cured within 30 days after written notice of such breach is given by Executive to the Company; (ii) there is a Voluntary TerminationBank; or (iii) there is an Involuntary Termination.a termination for Good Reason. If the Executive elects to terminate his employment pursuant to this Section, Executive must do so within twelve (12)

Appears in 1 contract

Samples: And Employment Agreement (Carolina First Corp)

By Executive. Executive shall have the right to terminate his employment hereunder if (i) the Company materially breaches this Agreement and such breach is not cured within 30 days after written notice of such breach is given by Executive to the Company; (ii) there is a Voluntary Termination; or (iii) there is an Involuntary Termination.within

Appears in 1 contract

Samples: Employment Agreement (Dyersburg Corp)

By Executive. Executive shall have the right to terminate his employment hereunder if at any time during the Term hereof for any reason or for no reason, including, without limitation, (i) voluntarily for Good Reason, or (ii) in the event of a material breach of this Agreement by the Company; provided, however, in the event of a material breach of this Agreement by the Company, the Executive shall have given the Company materially breaches this Agreement written notice of the breach within 90 days thereof and such the Company shall have failed to cure the breach is not cured within 30 days after written such notice of such breach is given by Executive to the Company; (ii) there is a Voluntary Termination; or (iii) there is an Involuntary Termination“Material Breach”).

Appears in 1 contract

Samples: Severance and Employment Agreement (Grandsouth Bancorporation)

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