Common use of Termination by the Officer Clause in Contracts

Termination by the Officer. The officer may voluntarily terminate this Agreement by providing thirty days notice to the Company, in which event the Company shall have no further obligation to the Officer hereunder from the date of such termination and the Officer shall have no further obligation to the Company hereunder except the duty to not disclose Confidential Information in accordance with Section 1.5. In the event the Officer’s employment with the Company and the Bank is terminated due to the Officer’s death, the Company shall have no further obligation to the Officer, his heirs or legatees hereunder from the date of such termination, except to pay any benefits due under the Compensation and

Termination by the Officer. The officer Officer may voluntarily terminate this Agreement by providing thirty giving 30 days notice to the Company, in which event case the Officer and the Company shall have no further obligation to the Officer hereunder from obligations after the date of such termination and the Officer shall have no further obligation to the Company hereunder except the duty to not disclose Confidential Information in accordance with Section 1.5termination. In the event the Officer’s 's employment with by the Company and the Bank is terminated terminates due to the Officer’s 's death, the Company shall have no further obligation to the Officer, his the Officer's heirs or legatees hereunder from under this Agreement except that for one year after the date of such terminationthe Officer's death, except the Company shall pay to pay any benefits due the Officer's surviving spouse, if any, the salary payments described in Section 3, and the Officer's heirs and legatees shall have no further obligation to the Company under the Compensation andthis Agreement.

Termination by the Officer. The officer may voluntarily terminate this Agreement by Agreementby providing thirty days notice to the Company, in which event the Company shall have no further obligation to the Officer hereunder from the date of such termination and the Officer shall have no further obligation to the Company hereunder except the duty to not disclose Confidential Information in accordance with Section 1.5. In the event the Officer’s employment with the Company and the Bank is terminated due to the Officer’s death, the Company shall have no further obligation to the Officer, his heirs or legatees hereunder from the date of such termination, except to pay any benefits due under the Compensation and