Common use of Death; Disability; Voluntary Termination; Termination for Cause Clause in Contracts

Death; Disability; Voluntary Termination; Termination for Cause. (i) If employment is terminated under Section 7(a), (b), (c), or (f) hereof, Executive shall receive: (1) base salary through the date the Term of Employment ends, (2) any incentive compensation earned but not yet paid, (3) whatever rights may be specified in Stock Option Agreements with the Executive executed pursuant to the First Northern Community Bancorp Stock Option Plan, (4) whatever rights may be specified in Salary Continuation Agreement with the Executive executed pursuant to the First Northern Bank of Xxxxx Salary Continuation Agreement/Split Dollar Agreement, and (5) reimbursement of expenses incurred under Section 5(c) hereof but not yet reimbursed. (ii) Except as provided in this Section 8(a) or required by law, all of Executive's employee benefits and compensation shall cease on the last day on which the Executive performs services as an employee of the Bank.

Death; Disability; Voluntary Termination; Termination for Cause. (i) If employment is terminated under Section 7(a), (b), (c), or (f) hereof, Executive shall receive: (1) base salary through the date the Term of Employment ends, (2) any incentive compensation earned but not yet paid, (3) whatever rights may be specified in Stock Option Agreements with the Executive executed pursuant to the First Northern Community Bancorp Stock Option Plan, (4) whatever rights may be specified in Salary Continuation Agreement with wit the Executive executed pursuant to the First Northern Bank of Xxxxx Salary Continuation Agreement/Split Dollar Agreement, and (5) reimbursement of expenses incurred under Section 5(c) hereof but not yet reimbursed. (ii) Except as provided in this Section 8(a) or required by law, all of Executive's employee benefits and compensation shall cease on the last day on which the Executive performs services as an employee of the Bank.