Involuntary Termination Without Cause and Voluntary Termination with Good Reason. With written notice to the Executive 90 days in advance, the Bank may terminate the Executive’s employment without Cause. Termination shall take effect at the end of the 90-day period. With advance written notice to the Bank as provided below, the Executive may terminate employment with Good Reason (as defined below). If the Executive’s employment terminates involuntarily without Cause or voluntarily but with Good Reason, the Executive shall be entitled to the benefits specified in Article 4 of this Agreement. For purposes of this Agreement, “Good Reason” means the occurrence of any of the following events, in each case without the Executive’s consent:
Appears in 4 contracts
Samples: Employment Agreement (SOUTH STATE Corp), Employment Agreement (SOUTH STATE Corp), Employment Agreement (SOUTH STATE Corp)
