Common use of Termination for Good Reason Clause in Contracts

Termination for Good Reason. At any time during the term of this Agreement, the Executive may terminate this Agreement for Good Reason (as defined below) by giving the Board of Directors of the Company thirty (30) calendar days written notice of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon the expiration of the thirty (30) day notice period, the Good Reason termination shall become effective, and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6.

Termination for Good Reason. At any time during the term of this AgreementTerm, the Executive may voluntarily terminate this Agreement and resign from the employment of the Company for Good Reason (Reason, as defined below. Such termination and resignation shall be effected by sixty (60) by giving the Board of Directors of the Company thirty (30) calendar days days' prior written notice of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon the expiration of the thirty (30) day notice period, the Good Reason termination shall become effective, and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6.Company. "Good Reason" shall mean termination based upon:

Termination for Good Reason. At any time during the term of this Agreement, the Executive may terminate this Agreement for Good Reason (as defined below) by giving the Board of Directors of the Company thirty forty-five (3045) calendar days written notice of intent to terminatenotice, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon the expiration of the However, Company shall, at its option, have thirty (30) day days from receipt of such written notice period, the to cure any event or circumstance that could constitute Good Reason termination shall become effective, and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6Reason.

Termination for Good Reason. At any time during the term of this Agreement, the Executive may terminate this Agreement for Good Reason (as defined below) by giving the Board of Directors of the Company thirty forty-five (3045) calendar days written notice of intent to terminatenotice, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon However, the expiration of the Company shall, at its option, have thirty (30) day days from receipt of such written notice period, the to cure any event or circumstance that could constitute Good Reason termination shall become effective, and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6Reason.

Termination for Good Reason. At any time during the term of this Agreement, the Executive may terminate this Agreement his employment with the Company effective upon thirty (30) days’ written notice to the Company for Good Reason (as defined below); provided that Executive delivered written notice to the Company within one hundred eighty (180) by days following the later of (i) the date it is reasonably apparent an event giving rise to Good Reason has occurred or (ii) the Board date the Company and the Executive are no longer actively pursuing the resolution of Directors any event giving rise to Good Reason. Such notice must provide a reasonably detailed explanation of the circumstances constituting Good Reason. Any such termination shall be treated for purposes of this Agreement as a termination by the Company thirty without Cause (30) calendar days written notice as contemplated in Section 4.4). For purposes of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon the expiration of the thirty (30) day notice periodthis Agreement, the term “Good Reason termination Reason” shall become effectivemean, and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6.without Executive’s consent:

Termination for Good Reason. At any time during the term of this Agreement, the Executive may terminate this Agreement for Good Reason (as defined below) by giving the Board of Directors of the Company thirty (30) calendar days written notice of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon the expiration of the thirty (30) day notice period, the Good Reason termination shall become effective, and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6.

Termination for Good Reason. At any time during the term of this Agreement, the Executive may terminate this Agreement his employment with the Company effective upon thirty (30) days’ written notice to the Company for Good Reason (as defined below); provided that Executive delivered written notice to the Company within one hundred eighty (180) by days following the later of (i) the date it is reasonably apparent an event giving rise to Good Reason has occurred or (ii) the Board date the Company and the Executive are no longer actively pursuing the resolution of Directors any event giving rise to Good Reason. Such notice must provide a reasonably detailed explanation of the Company thirty (30) calendar days written notice of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for constituting Good Reason. Any such termination. Upon the expiration of the thirty (30) day notice period, the Good Reason termination shall become effective, and be treated for purposes of this Agreement as a termination by the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6.Company

Termination for Good Reason. At any time during the term of this Agreement, the Executive may terminate this Agreement for Good Reason (as defined below) by giving the Board of Directors Chief Executive Officer of the Company thirty (30) calendar days days' written notice of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon The Effective Date of Termination shall occur upon the expiration of the thirty (30) day notice period, the Good Reason termination shall become effective, and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6.

Termination for Good Reason. At The Executive may terminate his employment hereunder for Good Reason at any time during the term Term by giving the Company notice of such termination, effective on or after the date of service of such notice. For purposes of this Agreement, "Good Reason" shall mean the continuation of any of the following (without the Executive's express prior written consent) after written notice provided by the Executive may terminate this Agreement for Good Reason (as defined below) and the failure by giving the Board of Directors of the Company to remedy such event or condition within thirty (30) calendar days written notice after receipt of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon the expiration of the thirty (30) day notice period, the Good Reason termination shall become effective, and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6.notice:

Termination for Good Reason. At any time during the term of this Agreement, the The Executive may terminate this Agreement for Good Reason (as defined below) by giving the Board of Directors of the Company thirty (30) calendar days written notice of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such the termination. Upon the expiration of the this thirty (30) day notice period, the Good Reason termination shall become effective, by the Executive is effective and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.66.4 unless the provisions of Section 7 apply.

Termination for Good Reason. At any time during the term of this Agreement, the The Executive may terminate this Agreement for Good Reason (as defined below) by giving the Board of Directors of the Company thirty (30) calendar days written notice of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such the termination. Upon the expiration of the this thirty (30) day notice period, the Good Reason termination shall become effective, by the Executive is effective and the Company shall pay and provide to the Executive the compensation and benefits provided for and payable in accordance with and as set forth in this Section 6.66.4.

Termination for Good Reason. At any time during With thirty (30) days’ prior written notice to the term Company, Executive may terminate his employment and this Agreement for Good Reason. For purposes of this Agreement, “Good Reason” means: (A) a material change to or diminution of the Executive may terminate Executive’s job duties; and (B) a material breach of this Agreement for Good Reason (as defined below) by giving the Board of Directors of the Company that is not cured within thirty (30) calendar days days’ written notice of intent the same to terminate, which the Company. The written notice sets forth of termination for Good Reason must specify in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon the expiration termination of the thirty (30) day notice periodExecutive’s employment under the provision so indicated, the Good Reason termination shall become effective, and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6if applicable.

Termination for Good Reason. At any time during the term of this Agreement, the Executive may terminate this Agreement for Good Reason (as defined below) by giving the Board of Directors CEO of the Company thirty (30) calendar days days' written notice of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon The Effective Date of Termination shall occur upon the expiration of the thirty (30) day notice period, the Good Reason termination shall become effective, and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6.

Termination for Good Reason. At any time during Prior to the term of this AgreementScheduled Termination Date, the Executive may terminate the Term and his employment under this Agreement for Good Reason (as defined below) by giving the Board of Directors of the Company thirty (30) calendar days prior written notice of his intent to terminate, which . Such notice sets shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon The Term and Executive’s employment under this Agreement shall terminate upon the expiration of the thirty (30) -day notice period, the Good Reason termination shall become effective, and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6.

Termination for Good Reason. At any time during the term of this Agreement, the The Executive may terminate this Agreement for Good Reason (as defined below) by giving the Board a written notice of Directors of the Company termination not less than thirty (30) calendar days written notice prior to the effective date of intent to terminatesuch termination for “Good Reason.” As used herein, which notice sets forth “Good Reason” means a diminution in reasonable detail the facts and circumstances claimed to provide Executive’s duties or material breach (“Material Breach”) of this Agreement by the Company or Bancorp, or “Change in Control.” The term “Change of Control” means a basis for such termination. Upon change in ownership or control of either Bancorp or the expiration Company effected through any of the thirty (30) day notice period, the Good Reason termination shall become effective, and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6.following transactions:

Termination for Good Reason. At any time during the term of this Agreement, the The Executive may terminate this Agreement for Good Reason (as defined below) by giving the Board of Directors of the Company thirty (30) calendar days written notice of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such the termination. Upon the expiration of the this thirty (30) day notice period, the Good Reason termination shall become effective, by the Executive is effective and the Company shall pay and provide to the Executive the compensation and benefits provided for and payable in accordance with and as set forth in this Section 6.65.4 unless the provisions of Section 6 apply.

Termination for Good Reason. At any time during Upon thirty (30) days' written notice to the term Board of this AgreementDirectors, the Executive may terminate his employment under this Agreement at any time for Good Reason (as defined below) by giving Reason. For purposes of this Agreement, "Good Reason" means the Board occurrence of Directors any of the Company thirty (30) calendar days written notice of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon the expiration of the thirty (30) day notice period, the Good Reason termination shall become effective, and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6.following:

Termination for Good Reason. At any time during the term of this Agreement, the Executive may terminate this Agreement for Good Reason (as defined below) by giving the Board of Directors of the Company thirty (30) calendar days days' written notice of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon The Effective Date of Termination shall occur upon the expiration of the thirty (30) day notice period, the Good Reason termination shall become effective, and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6.

Termination for Good Reason. At any time during the term of this Agreement, the Executive may terminate this Agreement for Good Reason (as defined below) by giving the Board of Directors of the Company thirty (30) calendar days written notice of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon the expiration of the thirty (30) day notice period, the Good Reason termination shall become effective, and the Company shall pay and provide to the Executive Employee the benefits set forth in this Section 6.6.4.2. "Good Reason" shall mean, without the Executive's express written consent, the occurrence of any one or more of the following:

Termination for Good Reason. At any time during the term of this Agreement, the Executive may terminate this Agreement for Good Reason (as defined below) by giving the Board of Directors of the Company thirty (30) calendar days written notice of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon the expiration of the thirty (30) day notice period, the Good Reason termination shall become effective, and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.66.1.2(b).

Termination for Good Reason. At any time during the term of this Agreement, the Executive may terminate this Agreement for Good Reason (as defined belowhereinafter defined) by giving the Board of Directors of the Company thirty forty-five (3045) calendar days written notice of intent to terminatenotice, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon the expiration of the thirty (30) day notice period, the Good Reason termination shall become effective, and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6.provide

Termination for Good Reason. At any time during the term of this Agreement, the The Executive may terminate this Agreement for Good Reason (as defined below) by giving the Board a written notice of Directors of the Company termination not less than thirty (30) calendar days written notice prior to the effective date of intent to terminatesuch termination for "Good Reason." As used herein, which notice sets forth "Good Reason" means: (i) a Diminution in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon the expiration Executive's Duties or Benefits as defined below; (ii) material breach ("Material Breach") of the thirty (30) day notice period, the Good Reason termination shall become effective, and this Agreement by the Company shall pay and provide to the Executive the benefits set forth or Bancorp, or (iii) "Change in this Section 6.6Control" as defined below.

Termination for Good Reason. At any time during the term of this Agreement, the The Executive may terminate this Agreement for Good Reason (as defined below) by giving the Board of Directors of the Company thirty (30) calendar days written notice of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such the termination. Upon the expiration of the this thirty (30) day notice period, the Good Reason termination shall become effective, by the Executive is effective and the Company shall pay and provide to the Executive the benefits set forth in this Section 6.66.4.

Termination for Good Reason. At any time during the term of this Agreement, the Executive may terminate this Agreement for Good Reason (as defined below) by giving the Board of Directors of the Company thirty (30) calendar days written notice of intent to terminate, which notice sets forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination. Upon the expiration of the thirty (30) day notice period, the Good Reason termination shall become effective, and . A termination for Good Reason shall have the same effect as a termination by the Company shall pay and provide to the Executive the benefits set forth in this Section 6.6without Cause.