Common use of Resignation for Other than Good Reason Clause in Contracts

Resignation for Other than Good Reason. The Executive may resign from the Executive’s employment with the Bank at any time during the Term of this Agreement for any reason other than Good Reason upon sixty (60) days prior written notice. Except as required by law, upon resignation by the Executive pursuant to this Section 11, the Executive shall not be entitled to any additional compensation for the time after which she ceases to be employed by the Bank, and shall not be entitled to any of the other benefits provided hereunder.

Appears in 2 contracts

Sources: Employment Agreement (Oceanfirst Financial Corp), Employment Agreement (Oceanfirst Financial Corp)

Resignation for Other than Good Reason. The Executive may resign from the Executive’s employment with the Bank at any time during the Term of this Agreement for any reason other than Good Reason upon sixty (60) days prior written notice. Except as required by law, upon resignation by the Executive pursuant to this Section 11, the Executive shall not be entitled to any additional compensation for the time after which she he ceases to be employed by the Bank, and shall not be entitled to any of the other benefits provided hereunder.

Appears in 1 contract

Sources: Employment Agreement (Oceanfirst Financial Corp)