Executive Termination. The Executive may terminate the Executive’s employment hereunder at any time by giving no less than 30 days’ written notice to the Company. Company reserves the right to accept Executive’s voluntary termination immediately, without notice and without any further unearned future payment obligation.
Executive Termination. Except during the Change of Control Protection Period, Executive agrees to give the Company ninety (90) days prior written notice of the termination of his employment with the Company. Simultaneously with such notice, except during the Change of Control Protection Period, Executive shall inform the Company in writing as to his employment/consulting plans following the termination of his employment with the Company. In the event Executive has terminated his employment with the Company because Executive can show that there has been: (a) a material downgrading in Executive’s duties, titles or responsibilities or a reduction in his Base Salary of 5% or more or a reduction in his annual target incentive compensation of 10% or more, (b) a change in Executive’s principal place of business to a location not within 50 miles of its present location, (c) any significant and prolonged increase in the traveling requirements applicable to the discharge of Executive’s responsibilities or (d) any other material adverse change in working conditions, responsibilities or prestige (including a notice under Section 1.02 hereof that the Term will not be further extended), Executive shall be entitled to the compensation provided for in Section 2.05 upon such termination; provided that, except during the Change of Control Protection Period, Executive must provide notice of termination within ninety (90) days of the occurrence of a change Executive believes to be covered by clause (a), (b) or (d) herein in order to claim that the termination is because of such change. Otherwise, all obligations of the Company under Articles I and II cease upon termination, except for the payment of any salary accrued and unpaid under Section 1.03 hereof. The obligations of Executive under Article IV hereof shall continue notwithstanding termination of Executive’s employment pursuant to this Section 2.04.
Executive Termination. Subject to the Company’s obligations to make the payments contemplated by Section 4(d), the Term of Employment may be terminated at any time by the Executive:
Executive Termination. After the Operative Date, the Executive may terminate his or her employment for any reason.
Executive Termination. Executive agrees to give the Company ninety (90) days prior written notice of the termination of his employment with the Company. Simultaneously with such notice, Executive shall inform the Company in writing as to his employment/consulting plans following the termination of his employment with the Company. In the event Executive has terminated his employment with the Company because, in his reasonable judgment, there has been: (a) a material downgrading in Executive’s duties, titles or responsibilities, (b) a change in Executive’s principal place of business to a location not within 30 miles of its present location, (c) any significant and prolonged increase in the traveling requirements applicable to the discharge of Executive’s responsibilities or (d) any other significant material adverse change in working conditions, responsibilities or prestige (including a notice under Section 1.02 hereof that the Term will not be further extended), Executive shall be entitled to the compensation provided for in Section 2.05 upon such termination; provided that Executive must provide notice of termination within ninety (90) days of the occurrence of a change Executive believes to be covered by clause (a), (b) or (d) herein in order to claim that the termination is because of such change. Otherwise, all obligations of the Company under Article I cease upon termination, except for the payment of any salary accrued and unpaid under Section 1.03 hereof. The obligations of Executive under Article IV hereof shall continue notwithstanding termination of Executive’s employment pursuant to this Section 2.04.
Executive Termination. (a) Executive agrees to give the Company --------------------- ninety (90) days prior written notice of the termination of his employment with the Company. Simultaneously with such notice, Executive shall inform the Company in writing as to his employment plans following the termination of his employment with the Company. In the event Executive has terminated his employment with the Company because there has been: (i) a material downgrading in Executive's duties, titles or responsibilities for the Company, (ii) a change in Executive's principal place of business to a location not within 30 miles of its present location, (iii) any significant and prolonged increase in the traveling requirements applicable to the discharge of Executive's responsibilities, (iv) any breach of the Company of its duties or obligations pursuant to this Agreement which has not been cured within thirty (30) days after notice of such breach, (v) any failure of any successors to the Company after a Change of Control (as defined herein) to assume the obligations of the Company hereunder, (vi) if the Company imposes as a condition to any renewal or extension of this Agreement any adverse change in any material term or provision of this Agreement or (vii) any other significant material adverse change in working conditions, responsibilities or prestige, Executive shall be entitled to the compensation provided for in Section 2.05 upon such termination.
Executive Termination. Upon written notice at any time prior to the expiration of this Agreement, Executive may terminate this Agreement without any further liability to, or by, the Bank.
Executive Termination. Executive agrees to give the Company --------------------- ninety (90) days prior written notice of the termination of his or her employment with the Company. Simultaneously with such notice, Executive shall inform the Company in writing as to his or her employment/consulting plans following the termination of his or her employment with the Company. In the event Executive has terminated his or her employment with the Company because, in his or her reasonable judgment, there has been: (a) a material downgrading in Executive's duties, titles or responsibilities, (b) a change in Executive's principal place of business to a location not within 30 miles of its present location, (c) any significant and prolonged increase in the traveling requirements applicable to the discharge of Executive's responsibilities or (d) any other significant material adverse change in working conditions, responsibilities or prestige (including a notice under Section 1.02 hereof that the Term will not be further extended), Executive shall be entitled to the compensation provided for in Section 2.05 upon such termination; provided that -------- Executive must provide notice of termination within ninety (90) days of the occurrence of a change Executive believes to be covered by clause (a), (b) or (d) herein in order to claim that the termination is because of such change. Otherwise, all obligations of the Company under Article I cease upon termination, except for the payment of any salary accrued and unpaid under Section 1.03 hereof. The obligations of Executive under Article IV hereof shall continue notwithstanding termination of Executive's employment pursuant to this Section 2.04.
Executive Termination. Executive agrees to give the Company ninety (90) days prior written notice of the termination of his employment with the Company. Simultaneously with such notice, Executive shall inform the Company in writing as to his employment plans
Executive Termination. Executive may, at his option, terminate his employment by giving a Notice of Termination to the Company. The Notice of Termination shall specify the Date of Termination, which date shall not be earlier than sixty (60) days after the Notice of Termination is given. Amounts payable to Executive upon Executive's voluntary termination are set forth in Section 3.3.1 below. A termination by the Executive for "Good Reason" shall not constitute a voluntary termination by the Executive pursuant to this Section 3.2.5, but shall constitute a termination without Cause by the Company pursuant to Section 3.2.4. Executive shall be deemed to have resigned for "Good Reason" if (1) the Company fails to comply with the material terms of this Agreement or any stock option or similar agreement with the Employee then in effect, after receipt from the Executive of written notice of such failure and, to the extent such failure is curable, a thirty (30) day period to cure such failure; or (2) the Executive's principal business location is moved to a location outside the States of New York or New Jersey.
