Other Compensation and Benefits. Except as may be provided under this Agreement, any benefits to which Executive may be entitled through the date of Executive’s termination pursuant to the plans, policies and arrangements referred to in Section 4(d) shall be determined and paid in accordance with the terms of such plans, policies and arrangements, and except as otherwise provided by this Agreement, Executive shall have no right to receive any other compensation, or to participate in any other plan, arrangement or benefit, with respect to future periods after such termination or resignation.
Other Compensation and Benefits. In addition to the compensation specified in Section 3, the Company shall provide the following to Executive:
Other Compensation and Benefits. Except as expressly provided herein, you acknowledge and agree that you are not entitled to and will not receive any additional compensation, severance, stock options, stock or benefits from the Company.
Other Compensation and Benefits. Except as otherwise provided under this Agreement,
(i) any benefits to which the Executive may be entitled pursuant to the plans, policies and arrangements referred to in Section 6 above shall be determined and paid in accordance with the terms of such plans, policies and arrangements, except as may be provided in paragraph 11(b)(ii)(D) above; and
(ii) the Executive shall have no right to receive any other compensation, or to participate in any other plan, arrangement or benefit, with respect to future periods after such termination or resignation.
Other Compensation and Benefits. Except as specified in Section 6.4, the Executive shall not be entitled to any compensation, benefits or other payments or distributions, and references in the Executive Release to the release of claims against the Company shall be deemed to also include reference to the release of claims against all compensation and benefit plans and arrangements established or maintained by the Company and its subsidiaries and affiliates.
Other Compensation and Benefits. In addition to the base salary under Section 4, the Executive shall be entitled to participate in the following benefits during the term of this Agreement:
(a) Awards of Restricted Stock, as defined in the Company’s Equity Incentive Plan (the “Plan”), or other stock based compensation under the terms of the Plan and an applicable award agreement, as set forth below:
(i) Upon the Company’s receipt of exemptive relief from the Securities and Exchange Commission regarding its ability, to award restricted stock to certain of its employees, and certain employees of its wholly owned subsidiaries (the “SEC Exemptive Relief”), and contingent on the receipt of such exemptive relief, the Company shall award the Executive 30,000 shares of restricted stock as soon as practicable after the receipt of SEC Exemptive Relief.
(ii) Contingent on the continued effectiveness and applicability of the SEC Exemptive Relief, for each of calendar years 2009 and 2010, the Executive shall receive annual awards of Restricted Stock attributable to service during each of 2009 and 2010 with a value, on the date of the award, equal to 50% of annual base salary for the then current fiscal year, subject to the Committee’s discretion based on the satisfaction of objective, reasonable and attainable performance criteria as pre-established by the Committee and communicated to the Executive. The annual Restricted Stock awards shall be issued by March 15 of the calendar year following the year in which they were earned (i.e., calendar year 2009 award would be issued by March 15, 2010). The awards of Restricted Stock shall vest in four equal annual installments, subject to continued employment, beginning with the first anniversary of the date of grant and continuing on each of the second, third and fourth anniversary thereof. Such awards shall become immediately and fully vested upon the occurrence of a Change in Control as defined herein. If the SEC Exemptive Relief is not obtained, the Company shall provide an equitable substitution for the awards of Restricted Stock described in this subsection 5(a), the form of equitable substitution to be determined by the Committee.
(b) Four weeks of paid vacation in each calendar year, subject to the Company’s personnel policies respecting such matters.
(c) Participation in the Company’s group health and hospitalization program, and inclusion in such other employee benefits, as are available generally to executive-level employees of the Company.
(d) Reimb...
Other Compensation and Benefits. During the Term, in addition to his base salary, the Corporation shall provide Xxxxxx the following:
Other Compensation and Benefits. If: (i) the Company terminates Executive’s employment for Cause or as a result of Executive’s death or disability, or (ii) if Executive resigns Executive’s employment at any time, except as a result of a Constructive Termination during the Change in Control Period, then this Agreement shall automatically terminate (except for Article V and Article VII, which shall continue in effect), and upon such termination, the Company shall have no further obligation to Executive, Executive’s spouse or estate, except that the Company shall pay to Executive the amount of Executive’s Base Annual Salary, and unused vacation pay, accrued to the date of such termination.
Other Compensation and Benefits. During the Term, Executive shall be entitled to participate in or receive benefits under any employee benefit programs of the Company (including life, health and disability programs) that are made available generally to executive officers of the Company to the extent that Executive complies with the conditions attendant with coverage under such plans or arrangements. Nothing contained herein shall be construed to prevent the Company from modifying or terminating any plan or arrangement (excluding, as it relates to Executive, the annual bonus program described in Section 3(b), expense reimbursements described in Section 3(e) and the equity awards provided hereunder). Notwithstanding the foregoing, Executive shall be entitled to four weeks of paid vacation per calendar year.
Other Compensation and Benefits. The Bank will pay or provide the compensation and benefits set forth on Appendix A, attached hereto, which is hereby incorporated herein by reference in its entirety and made a part hereof.
