Disability Prior to Retirement. In the event the Executive should become disabled while actively employed by the Bank at any time after the date of this Agreement but prior to her Retirement Date, the Executive shall become fully vested. In the event of disability, Executive then may elect to receive payments either pursuant to the provisions of Section 3.2 regarding retirement or Section 3.4 regarding early retirement.
Appears in 4 contracts
Samples: Executive Salary Continuation Agreement (Coast Bancorp), Executive Salary Continuation Agreement (Coast Bancorp), Executive Salary Continuation Agreement (Coast Bancorp)
Disability Prior to Retirement. In the event the Executive should become disabled while actively employed by the Bank at any time after the date of this Agreement but prior to her his Retirement Date, the Executive shall become fully vested. In the event of disability, Executive then may elect to receive payments either pursuant to the provisions of Section 3.2 regarding retirement or Section 3.4 regarding early retirement.
Appears in 2 contracts
Samples: Executive Salary Continuation Agreement (Coast Bancorp), Executive Salary Continuation Agreement (Coast Bancorp)
