Common use of Compensation During Disability or Upon Termination Clause in Contracts

Compensation During Disability or Upon Termination. (i) If, after a Change in Control of the Company, Executive shall fail to perform her duties because of a Disability, Executive shall continue to receive her full base salary monthly at the rate then in effect until her employment is terminated pursuant to paragraph 3(i) hereof.

Appears in 3 contracts

Samples: Agreement (Bank of Marin Bancorp), Agreement (Bank of Marin Bancorp), Agreement (Bank of Marin Bancorp)

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Compensation During Disability or Upon Termination. (i) If, after a Change in Control of the CompanyBancorp or the Bank, Executive shall fail to perform his or her duties because hereunder as a result of a Disabilityincapacity due to physical or mental illness, Executive shall continue to receive his or her full base salary monthly at the rate then in effect until his or her employment is terminated pursuant to paragraph 3(i) hereofhereof (and for any longer period as may be provided under applicable plans).

Appears in 3 contracts

Samples: Change in Control Agreement (First Choice Bancorp), Change in Control Agreement (First Choice Bancorp), Change in Control Agreement (First Choice Bancorp)

Compensation During Disability or Upon Termination. (i) If, after a Change in Control of the Company, Executive shall fail to perform her duties because of a Disability, Executive shall continue to receive his/her full base salary monthly at the rate then in effect until her employment is terminated pursuant to paragraph 3(i) hereof.

Appears in 2 contracts

Samples: Agreement (Heritage Oaks Bancorp), Agreement (Heritage Oaks Bancorp)

Compensation During Disability or Upon Termination. (i) If, after a Change in Control of the Company, Executive shall fail to perform her his duties because of a Disability, Executive shall continue to receive her his full base salary monthly at the rate then in effect until her his employment is terminated pursuant to paragraph 3(i) hereof.

Appears in 1 contract

Samples: Agreement (Bank of Marin Bancorp)

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Compensation During Disability or Upon Termination. (i) If, after a Change in Control of the Company, Executive shall fail to perform her his duties because hereunder as a result of a Disabilityincapacity due to physical or mental illness, Executive shall continue to receive her his full base salary monthly at the rate then in effect until her his employment is terminated pursuant to paragraph 3(i) hereofhereof (and for any longer period as may be provided under applicable plans).

Appears in 1 contract

Samples: Change in Control Agreement (Americorp)

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