Common use of Death, Disability or for Cause Clause in Contracts

Death, Disability or for Cause. If the Executive’s employment shall be terminated because of death, disability or for Cause, the Company shall pay the Executive his full salary through the date of termination at the rate in effect at the time of termination, and other amounts owing to the Executive at the date of termination, and the Company shall have no further obligations to the Executive under this Agreement.

Appears in 3 contracts

Samples: Form of Moltzan Employment Agreement (Community Banks Inc /Pa/), Employment Agreement (Community Banks Inc /Pa/), Employment Agreement (Community Banks Inc /Pa/)

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Death, Disability or for Cause. If the Executive’s 's employment shall be terminated because of death, disability or for Cause, the Company shall pay the Executive his full salary through the date of termination at the rate in effect at the time of termination, and other amounts owing to the Executive at the date of termination, and the Company shall have no further obligations to the Executive under this Agreement.

Appears in 1 contract

Samples: Agreement (Bucs Financial Corp)

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