Benefits to be Provided. If the Executive becomes eligible for benefits under Section 5(c) above, the Association shall pay or provide to Executive, or in the event of his subsequent death, his beneficiary or beneficiaries, or his estate, as the case may be, the compensation and benefits ("Severance Payments") set forth in this Section 5(d).
Appears in 6 contracts
Samples: Employment Agreement (Monterey Bay Bancorp Inc), Employment Agreement (Monterey Bay Bancorp Inc), Employment Agreement (Monterey Bay Bancorp Inc)
