Common use of Payments After Termination Clause in Contracts

Payments After Termination. (i) The Executive shall be entitled to salary and benefits under this Agreement, including (x) unreimbursed expenses incurred in the performance of his duties prior to the effective date of termination, and for which he would be entitled to reimbursement under Section 4(h), to the extent documentation for such expenses is promptly, and in any event within 45 days of termination, provided to the Surviving Bank, (y) unused vacation time in accordance with the Surviving Bank’s policies, and (z) any vested benefits as of the effective date of termination, through the date of any termination pursuant to Section 8(a), including any bonus determined to be payable with respect to a completed fiscal year and not yet paid, but not including any bonus payment with respect to the year in which termination occurs. Subject to any right to elect COBRA continuation coverage or similar state group health continuation law coverage, and, except as provided in Section 8(d)(ii) through (iv), the Executive’s right to salary and benefits shall immediately terminate upon the effective date of termination of this Agreement under Section 8(a).

Payments After Termination. (i) The Executive shall be entitled to salary and benefits under this Agreement, Agreement (including (x) unreimbursed expenses incurred in the performance of his duties prior to the effective date of termination, and for which he would be entitled to reimbursement under Section 4(h) and Section 4(i), to the extent documentation for such expenses therefor is promptly, and in any event within 45 days of termination, provided to the Surviving BankFB&T, (y) unused vacation time in accordance with the Surviving BankFB&T’s policies, and (z) any vested benefits as of the effective date of his termination, ) through the date of any termination during the Term pursuant to Section 8(a), including any bonus determined to be payable with respect to a completed fiscal year and not yet paid, but not including any bonus payment with respect to the year in which termination occurs. Subject to any right to elect COBRA continuation coverage or similar state group health continuation law coverage, and, except as provided in Section 8(d)(ii) through (iv), the Executive’s right to salary and benefits shall immediately terminate upon the effective date of termination of this Agreement under Section 8(a).

Payments After Termination. (i) The Executive shall be entitled to salary and benefits under this Agreement, Agreement (including (x) unreimbursed expenses incurred in the performance of his duties prior to the effective date of termination, and for which he would be entitled to reimbursement under Section 4(h), to the extent documentation for such expenses therefor is promptly, and in any event within 45 days of termination, provided to the Surviving BankFB&T, (y) unused vacation time in accordance with the Surviving BankFB&T’s policies, and (z) any vested benefits as of the effective date of his termination, ) through the date of any termination pursuant to Section 8(a), including any bonus determined to be payable with respect to a completed fiscal year and not yet paid, but not including any bonus payment with respect to the year in which termination occurs. Subject to any right to elect COBRA continuation coverage or similar state group health continuation law coverage, and, except as provided in Section 8(d)(ii) through (iv), the Executive’s right to salary and benefits shall immediately terminate upon the effective date of termination of this Agreement under Section 8(a).

Payments After Termination. (i) The Executive shall be entitled to salary and benefits under this Agreement, Agreement (including (x) unreimbursed expenses incurred in the performance of his duties prior to the effective date of termination, and for which he would be entitled to reimbursement under Section 4(h), to the extent documentation for such expenses therefor is promptly, and in any event within 45 days of termination, provided to the Surviving Bank, (y) unused vacation time in accordance with the Surviving Bank’s policies, and (z) any vested benefits as of the effective date of his termination, ) through the date of any termination pursuant to Section 8(a), including any bonus determined to be payable with respect to a completed fiscal year and not yet paid, but not including any bonus payment with respect to the year in which termination occurs. Subject to any right to elect COBRA continuation coverage or similar state group health continuation law coverage, and, except as provided in Section 8(d)(ii) through (iv), the Executive’s right to salary and benefits shall immediately terminate upon the effective date of termination of this Agreement under Section 8(a).

Payments After Termination. (i) The Executive shall be entitled to salary and benefits under this Agreement, Agreement (including (x) unreimbursed expenses incurred in the performance of his duties prior to the effective date of termination, and for which he would be entitled to reimbursement under Section 4(h4(g), to the extent documentation for such expenses therefor is promptly, and in any event within 45 days of termination, provided to the Surviving Bank, (y) unused vacation time in accordance with the Surviving Bank’s policies, and (z) any vested benefits as of the effective date of his termination, ) through the date of any termination pursuant to Section 8(a), including any bonus determined to be payable with respect to a completed fiscal year and not yet paid, but not including any bonus payment with respect to the year in which termination occurs. Subject to any right to elect COBRA continuation coverage or similar state group health continuation law coverage, and, except as provided in Section 8(d)(ii) through (iv), the Executive’s right to salary and benefits shall immediately terminate upon the effective date of termination of this Agreement under Section 8(a).