Resignation by the Employee. The EMPLOYEE shall have the option of terminating his employment with the CORPORATION provided he gives at least 60 days advance written notice to the CORPORATION. The EMPLOYEE shall not be deemed to have resigned and, instead, shall be deemed to have been discharged by the CORPORATION, without just cause, if the EMPLOYEE resigns as a result of: (i) immoral, unethical or illegal acts or omissions committed by, or which reasonably appear will be committed by, any director, officer, employee, agent, or independent contractors of the CORPORATION (and the CORPORATION's Board of Directors shall not act, after his recommendation, to terminate the offending party(s) or to cease and desist such offending activity); (ii) acts or omissions of any director, officer, employee, agent, or independent contractors of the CORPORATION which could reasonably subject the EMPLOYEE to personal liability from any Federal, State or local government or agency, or any banking authority, including, but not limited to, the Federal Deposit Insurance Corporation, the Internal Revenue Service, or the Securities and Exchange Commission. 5.
Resignation by the Employee. The Employee may resign from his employment with the Company at any time by providing written notice to the Company of resignation at least ninety days (90) prior to the effective date of the resignation (the "Resignation Date”). Employee may resign at any time for “good reason,” due to (a) a material breach of this Agreement by the Company which continues after the Employee has given the Company thirty days (30) written notice of such breach, or (b) the assignment to the Employee of duties materially inconsistent with this Agreement other than in accordance with the terms of this Agreement, and the Company has not rectified such assignment within thirty days (30) after the Employee has given the Company written notice of such breach. A termination by the Employee for “good reason” shall entitle the Employee to the same compensation and benefits as if the Employee had been terminated by the Company without cause. In the event of a termination by the Employee for “good reason,” the provisions of Section 3.3 shall not apply and shall be of no force or effect. Upon any resignation by the Employee, the Employee shall use reasonable best efforts to assist the Company in good faith to effect a smooth transition. If employee voluntarily resigns his position without “good reason” prior to the termination of this contract the compensation terms of this agreement are null and void.
Resignation by the Employee. In the event the Employee resigns his employment with the Company, the Employee: (i) shall provide the Company with sixty (60) days prior written notice; (ii) shall not make any public announcements concerning his resignation prior to the resignation date without the written consent of the Company and (iii) shall continue to perform faithfully the duties assigned to him under this Employment Agreement (or such other duties as the Company or Board may assign to him) from the date of such notice until the termination date. In addition, in the event the Employee resigns his employment with the Company for any reason, the Company shall not have any obligation to pay the Employee any Base Salary or other compensation or to provide any employee benefits subsequent to the date of such Employee’s termination of employment (unless required by applicable law), including, without limitation, Severance Benefits or Continued Health Benefits. Notwithstanding the foregoing, this Section 4(d) shall not apply in the event the Employee resigns his employment for Good Reason on or following a Change of Control pursuant to Section 4(f) hereof.
Resignation by the Employee. The Employee may terminate his employment at any time by providing the Company with at least one (1) month advance notice of his intention to resign and ensures that a similarly qualified and suitable replacement is arranged.
Resignation by the Employee. The Employee may terminate this Agreement and his employment hereunder for any reason or no reason by giving ninety (90) days prior written notice of resignation to the Company; provided, however, that the Company reserves the right to accept the Employee’s notice of resignation and to accelerate such notice and make the Employee’s resignation effective immediately, or on any other date prior to the Employee’s intended last day of work as the Company deems appropriate.
Resignation by the Employee. The Employee may resign his --------------------------- employment and terminate this Agreement at any time hereunder upon thirty (30) days written notice to the Employer. Upon such termination, the Employer shall pay the Employee his unpaid base salary and any benefits that are due through the date of termination.
Resignation by the Employee. At the election of the Employee, upon not less than thirty (30) days prior written notice of termination; and
Resignation by the Employee. (a) Employee may resign from Employee’s employment with the Company at any time by giving notice as described in Section 5.6. If the Employee provides written notice to the Company pursuant to Section 1.1 of his intent not to renew this Agreement, then the expiration of this Agreement shall be considered a resignation without Good Reason.
Resignation by the Employee. For purposes of this Agreement, the Employee's employment will not be deemed to have terminated upon a Change in Control (as defined below).
Resignation by the Employee. In the event the Employee resigns his employment with the Company, the Employee: (i) shall provide the Company with sixty (60) days' prior written notice; (ii) shall not make any public announcements concerning his resignation prior to the resignation date without the written consent of the Company and (iii) shall continue to perform faithfully the duties assigned to him under the Employment Agreement (or such other duties as the Company or Board may assign to the Employee) from the date of such notice until the termination date. In addition, in the event the Employee resigns his employment with the Company for any reason, the Company shall not have any obligation to pay the Employee any Base Salary or other compensation or to provide any employee benefits subsequent to the date of such Employee's termination of Employment (unless required by applicable law), including, without limitation, Severance Benefits (as defined in paragraph 5(b) hereof).
