Common use of Voluntary Termination by the Executive Without Good Reason Clause in Contracts

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates his employment without Good Reason, he shall provide 90 days prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 12 contracts

Samples: Employment Agreement (Everest Reinsurance Holdings Inc), Employment Agreement (Everest Reinsurance Holdings Inc), Employment Agreement (Everest Group, Ltd.)

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Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates addition to his other rights to terminate his employment without Good Reasonunder this Agreement, he shall provide 90 the Executive may voluntarily terminate employment during the term of this Agreement upon at least ninety (90) days prior written notice of such termination to the CompanyBoard. Upon such the Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits to the date of his termination of employment. Following his voluntary termination of employment under this Section 3.3, the Executive will be entitled subject to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreementrestrictions set forth in Article 7.

Appears in 8 contracts

Samples: Employment Agreement (Franklin Financial Corp), Employment Agreement (Franklin Financial Corp), Employment Agreement (Franklin Financial Corp)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates his employment without Good Reason, he shall provide 90 days days’ prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwiseAgreement, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 8 contracts

Samples: Employment Agreement (Sensus Healthcare, Inc.), Employment Agreement (Sensus Healthcare, Inc.), Employment Agreement (Cardiff Lexington Corp)

Voluntary Termination by the Executive Without Good Reason. In the event The Executive terminates may terminate his employment at any time without Good ReasonReason (as such term is defined in Section 5.5 below) on 30 days’ written notice, he shall provide 90 days prior written notice of such termination in which case, subject to the Company. Upon such voluntary terminationSection 23, the Executive will shall be entitled only to his Salary earned through the Accrued Payments. Without limiting all other rights effective date of termination and remedies any benefits accrued as of the Company effective date of termination as determined under this Agreement applicable plans, programs or otherwise, a termination other coverages of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this AgreementCompany.

Appears in 5 contracts

Samples: Employment Agreement (Lufkin Industries Inc), Employment Agreement (Lufkin Industries Inc), Employment Agreement (Lufkin Industries Inc)

Voluntary Termination by the Executive Without Good Reason. In the event the Executive terminates his employment without Good Reason, he shall provide 90 days prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Everest Reinsurance Holdings Inc), Employment Agreement (Everest Group, Ltd.), Employment Agreement (Everest Reinsurance Holdings Inc)

Voluntary Termination by the Executive Without Good Reason. In the event The Executive terminates may voluntarily terminate his employment hereunder without Good Reason, he shall provide 90 days upon not less than 180 days’ prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (FriendFinder Networks Inc.), Employment Agreement (FriendFinder Networks Inc.), Employment Agreement (FriendFinder Networks Inc.)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates addition to his other rights to terminate his employment without Good Reasonunder this Agreement, he shall provide 90 the Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice of such termination to the Companyboard of directors of the Bank. Upon such the Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits to the date of his termination of employment. Following his voluntary termination of employment under this Section 3.3, the Executive will be entitled subject to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreementrestrictions set forth in Article 7.

Appears in 4 contracts

Samples: Employment Agreement (HV Bancorp, Inc.), Employment Agreement (HV Bancorp, Inc.), Employment Agreement (HV Bancorp, Inc.)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates addition to his other rights to terminate his employment without Good Reasonunder this Agreement, he shall provide 90 the Executive may voluntarily terminate employment during the term of this Agreement upon at least ninety (90) days prior written notice of such termination to the Companyboard of directors of the Bank. Upon such the Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits to the date of his termination of employment. Following his voluntary termination of employment under this Section 3.3, the Executive will be entitled subject to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreementrestrictions set forth in Article 7.

Appears in 3 contracts

Samples: Employment Agreement (Franklin Financial Corp), Athens Federal Community Bank Employment Agreement (Athens Bancshares Corp), Employment Agreement (Athens Bancshares Corp)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates addition to his other rights to terminate his employment without Good Reasonunder this Agreement, he shall provide 90 Executive may voluntarily terminate employment during the term of this Agreement upon at least ninety (90) days prior written notice of such termination to the Companyboard of directors of the Bank. Upon such Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits to the date of his termination of employment. Following his voluntary termination of employment under this Section 3.3, the Executive will be entitled subject to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreementrestrictions set forth in Article 7.

Appears in 3 contracts

Samples: Athens Federal Community Bank Employment Agreement (Athens Bancshares Corp), Athens Federal Community Bank Employment Agreement (Athens Bancshares Corp), Employment Agreement (Athens Bancshares Corp)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates addition to his other rights to terminate his employment without Good Reasonunder this Agreement, he shall provide 90 the Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice of such termination to the Companyboard of directors of the Bank. Upon such the Executive’s voluntary termination, the Executive he will be entitled receive only his compensation and vested rights and benefits to the Accrued Payments. Without limiting all other rights and remedies date of the Company under this Agreement or otherwise, a his termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreementemployment.

Appears in 3 contracts

Samples: Employment Agreement (Naugatuck Valley Financial Corp), Employment Agreement (Naugatuck Valley Financial Corp), Employment Agreement (Naugatuck Valley Financial Corp)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates addition to his other rights to terminate his employment without Good Reasonunder this Agreement, he shall provide 90 the Executive may voluntarily terminate employment during the term of this Agreement upon at least ninety (90) days prior written notice of such termination to the Companyboard of directors of the Corporation. Upon such the Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits to the date of his termination of employment. Following his voluntary termination of employment under this Section 3.3, the Executive will be entitled subject to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreementrestrictions set forth in Article 7.

Appears in 3 contracts

Samples: Employment Agreement (Franklin Financial Corp), Athens Bancshares Corporation Employment Agreement (Athens Bancshares Corp), Employment Agreement (Athens Bancshares Corp)

Voluntary Termination by the Executive Without Good Reason. In the event The Executive terminates may terminate his employment at any time without Good ReasonReason (as such term is defined in Section 5.5 below) on 30 days’ written notice, he shall provide 90 days prior written notice of such termination in which case, subject to the Company. Upon such voluntary terminationSection 23, the Executive will shall be entitled only to his Salary earned through the effective date of termination and payable in a lump sum within 30 days of termination. Subject to Section 23, any other accrued benefits or benefit continuation or coverage that the Executive may be entitled to the Accrued Payments. Without limiting all shall be determined under applicable plans, programs or other rights and remedies coverages of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this AgreementCompany.

Appears in 3 contracts

Samples: Employment Agreement (Lufkin Industries Inc), Employment Agreement (Lufkin Industries Inc), Employment Agreement (Lufkin Industries Inc)

Voluntary Termination by the Executive Without Good Reason. In If the event Executive terminates his employment without Good Reason, he the Executive shall receive the Base Salary and expense reimbursement to which the Executive is entitled through the date on which termination becomes effective. The Executive must provide 90 the Employers with sixty (60) days prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreementprovision.

Appears in 2 contracts

Samples: Employment Agreement (Wellesley Bancorp, Inc.), Employment Agreement (Wellesley Bancorp, Inc.)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates his employment without Good Reason, he shall provide 90 days thirty (30) days’ prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (Sonida Senior Living, Inc.), Executive Employment Agreement (Capital Senior Living Corp)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates addition to his other rights to terminate his employment without Good Reasonunder this Agreement, he shall provide 90 the Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice to the boards of such termination to directors of the Bank and the Company. Upon such the Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits to the date of his termination of employment. Following his voluntary termination of employment under this Section 3.3, the Executive will be entitled subject to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreementrestrictions set forth in Article 7.

Appears in 2 contracts

Samples: Employment Agreement (HV Bancorp, Inc.), Employment Agreement (HV Bancorp, Inc.)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates his employment without Good Reason, he shall provide 90 days prior written notice of such termination to the Company. Upon such voluntary termination, the EXECUTION VERSION Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Everest Reinsurance Holdings Inc), Employment Agreement (Everest Group, Ltd.)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates addition to his other rights to terminate his employment without Good Reasonunder this Agreement, he shall provide 90 Executive may voluntarily terminate employment during the term of this Agreement upon at least ninety (90) days prior written notice of such termination to the Companyboard of directors of the Corporation. Upon such Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits to the date of his termination of employment. Following his voluntary termination of employment under this Section 3.3, the Executive will be entitled subject to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreementrestrictions set forth in Article 7.

Appears in 2 contracts

Samples: Athens Bancshares Corporation Employment Agreement (Athens Bancshares Corp), Employment Agreement (Athens Bancshares Corp)

Voluntary Termination by the Executive Without Good Reason. In the event The Executive terminates may voluntarily terminate his employment hereunder without Good Reason, he shall provide 90 days upon not less than thirty (30) days’ prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (FriendFinder Networks Inc.), Employment Agreement (FriendFinder Networks Inc.)

Voluntary Termination by the Executive Without Good Reason. In the event The Executive terminates may voluntarily terminate his employment hereunder without Good Reason, he shall provide 90 days upon not less than 60 days’ prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (FriendFinder Networks Inc.), Employment Agreement (FriendFinder Networks Inc.)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates his The Executive’s employment without Good Reason, he shall provide 90 days prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will may be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment terminated by the Executive voluntarily without Good Reason upon proper notice, will not constitute a breach by at least thirty (30) days advance written notice to the Executive of this AgreementEmployer.

Appears in 2 contracts

Samples: Employment Agreement (Citius Pharmaceuticals, Inc.), Employment Agreement (Citius Pharmaceuticals, Inc.)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates addition to his other rights to terminate his employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement without Good Reason upon at least ninety (90) days prior written notice to the board of directors of the Bank. Upon Executive’s voluntary termination without Good Reason, he shall provide 90 days prior written notice of such termination will receive only his compensation and vested rights and benefits to the Companydate of his termination of employment. Upon such Following his voluntary terminationtermination of employment under this Section 3.3, the Executive will be entitled subject to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreementrestrictions set forth in Article 7.

Appears in 2 contracts

Samples: Employment Agreement (Athens Bancshares Corp), Employment Agreement (Athens Bancshares Corp)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates addition to his other rights to terminate his employment without Good Reasonunder this Agreement, he shall provide 90 Executive may voluntarily terminate employment during the term of this Agreement upon at least ninety (90) days prior written notice of such termination to the Companyboards of directors. Upon such Executive’s voluntary termination, he will receive only his compensation and vested rights and benefits to the date of his termination of employment. Following his voluntary termination of employment under this Section 3.3, the Executive will be entitled subject to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreementrestrictions set forth in Article 7 [if applicable].

Appears in 2 contracts

Samples: Form of Employment Agreement (Athens Bancshares Corp), Form of Employment Agreement (Athens Bancshares Corp)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates his employment without Good Reason, he shall provide 90 days thirty (30) days' prior written notice of such termination to the Company. Upon such voluntary volunta1y termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Capital Senior Living Corp)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates his employment without Good Reason, he shall provide 90 days six (6) months prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued PaymentsPayments only, but the Executive shall be entitled to no other benefits or payments hereunder. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Everest Re Group LTD)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates addition to his other rights to terminate his employment without Good Reasonunder this Agreement, he shall provide 90 the Executive may voluntarily terminate employment during the term of this Agreement upon at least thirty (30) days prior written notice of such termination to the Companyboard of directors of the Corporation. Upon such the Executive’s voluntary termination, the Executive he will be entitled receive only his compensation and vested rights and benefits to the Accrued Payments. Without limiting all other rights and remedies date of the Company under this Agreement or otherwise, a his termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreementemployment.

Appears in 1 contract

Samples: Employment Agreement (Equitable Financial Corp.)

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Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates his employment without Good Reason, he shall provide 90 days prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued PaymentsPayments only, but the Executive shall be entitled to no other benefits or payments hereunder. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Everest Re Group LTD)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates his her employment without Good Reason, he she shall provide 90 days thirty (30) days' prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Capital Senior Living Corp)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates his employment without Good ReasonReason during the employment term, he shall provide 90 days days' prior written notice of such termination to the Company. Upon such voluntary Company and shall forego any further compensation, including but not limited to foregoing further vesting of any equity stock award not vested as of the date of termination, the Executive will however, all Accrued Payments shall be entitled made to the Accrued PaymentsExecutive. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a A termination of employment by the Executive without Good Reason upon proper notice, ninety (90) days prior written notice will not constitute a breach by the Executive of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (United Insurance Holdings Corp.)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates his her employment without Good Reason, he she shall provide 90 days 30 days’ prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Capital Senior Living Corp)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates his employment without Good Reason, he shall provide 90 days not less than 60 days’ prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Talbots Inc)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates addition to his other rights to terminate his employment under this Agreement, the Executive may voluntarily terminate employment during the term of this Agreement without Good Reason upon at least ninety (90) days prior written notice to the board of directors of the Bank. Upon the Executive’s voluntary termination without Good Reason, he shall provide 90 days prior written notice of such termination will receive only his compensation and vested rights and benefits to the Companydate of his termination of employment. Upon such Following his voluntary terminationtermination of employment under this Section 3.3, the Executive will be entitled subject to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreementrestrictions set forth in Article 7.

Appears in 1 contract

Samples: Employment Agreement (Athens Bancshares Corp)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates his employment without Good Reason, he shall provide 90 days thirty (30) days' prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Capital Senior Living Corp)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates his employment without Good Reason, he shall provide 90 days days’ prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to receive only the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (SMF Energy Corp)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates his employment without Good Reason, he shall provide 90 ninety (90) days prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued PaymentsPayments only, but the Executive shall be entitled to no other benefits or payments hereunder. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Everest Re Group LTD)

Voluntary Termination by the Executive Without Good Reason. In If the event Executive terminates his employment without Good Reason, he shall provide 90 days prior written notice of such termination to the Company. Upon such voluntary terminationReason (as defined herein), the Executive will be shall receive the Base Salary and expense reimbursement to which the Executive is entitled to through the Accrued Paymentsdate on which termination becomes effective. Without limiting all other rights and remedies The Executive must provide the Employers with sixty (60) days notice of the Company termination under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreementprovision.

Appears in 1 contract

Samples: Employment Agreement (Wellesley Bancorp, Inc.)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates addition to his other rights to terminate his employment under this Agreement, the Executive may voluntarily terminate employment during the term of this Agreement without Good Reason upon at least ninety (90) days prior written notice to the board of directors of the Corporation. Upon the Executive’s voluntary termination without Good Reason, he shall provide 90 days prior written notice of such termination will receive only his compensation and vested rights and benefits to the Companydate of his termination of employment. Upon such Following his voluntary terminationtermination of employment under this Section 3.3, the Executive will be entitled subject to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreementrestrictions set forth in Article 7.

Appears in 1 contract

Samples: Employment Agreement (Athens Bancshares Corp)

Voluntary Termination by the Executive Without Good Reason. In the event The Executive terminates may terminate his employment without Good Reason, he shall provide 90 days prior written notice of such termination to during the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive Term without Good Reason upon proper noticeby providing the Company with a Termination Notice at least 30 days prior to such termination. In such an event, will not constitute a breach by the Company’s sole obligation to the Executive of this Agreementshall be to pay the Accrued Benefits.

Appears in 1 contract

Samples: Employment Agreement (Edgen Group Inc.)

Voluntary Termination by the Executive Without Good Reason. In the event The Executive terminates may terminate his employment without Good Reason, he shall provide 90 days prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive at any time without Good Reason upon proper (as such term is defined in Section 5.5 below) on 30 days written notice, will not constitute a breach by in which case the Executive shall be entitled only to his Salary earned through the effective date of this Agreementtermination and any benefits accrued as of the effective date of termination as determined under applicable plans, programs or other coverages of the Company.

Appears in 1 contract

Samples: Employment Agreement (Lufkin Industries Inc)

Voluntary Termination by the Executive Without Good Reason. In the event The Executive terminates may voluntarily terminate his employment hereunder without Good Reason, he shall provide 90 days upon not less than 60 days' prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (FriendFinder Networks Inc.)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates his her employment without Good Reason, he she shall provide 90 days days’ prior written notice of such termination to the Company. Upon such voluntary termination, the Executive will be entitled to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement (including, without limitation, Sections 11, 12 and 16(j)) or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Talbots Inc)

Voluntary Termination by the Executive Without Good Reason. In the event Executive terminates addition to his other rights to terminate his employment under this Agreement, Executive may voluntarily terminate employment during the term of this Agreement without Good Reason upon at least ninety (90) days prior written notice to the board of directors of the Corporation. Upon Executive’s voluntary termination without Good Reason, he shall provide 90 days prior written notice of such termination will receive only his compensation and vested rights and benefits to the Companydate of his termination of employment. Upon such Following his voluntary terminationtermination of employment under this Section 3.3, the Executive will be entitled subject to the Accrued Payments. Without limiting all other rights and remedies of the Company under this Agreement or otherwise, a termination of employment by the Executive without Good Reason upon proper notice, will not constitute a breach by the Executive of this Agreementrestrictions set forth in Article 7.

Appears in 1 contract

Samples: Employment Agreement (Athens Bancshares Corp)

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